$1,950,000
$2,090,000
6.7%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
4 Baths
1,600 SqFt
SOLD DATE : 10/16/2018
Key Details
Sold Price $1,950,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,600 sqft
Price per Sqft $1,218
Subdivision Balboa Island - Main Island (Balm)
MLS Listing ID OC17203056
Sold Date 10/16/18
Bedrooms 4
Full Baths 4
HOA Y/N No
Year Built 1923
Property Description
Conveniently located just steps from the ferryboat to the fun zone on Balboa Island, this stunning property boasts two separate dwellings, both of which have been taken down to the studs & rebuilt to the highest quality standards. Exterior has been updated with a beautiful rock & smooth stucco finish overlooking the privately owned parking area that can fit up to 6 cars (off street) & 1 car off the alley in the back! Rare to find a property on the island with this much parking! Owned (not leased) solar panels on the rooftop minimizes electric bills & adds tremendous value. Permits pulled, all new sewer, electrical & water lines. Income potential....live in either space & use the other for extended family, a rental or rent out both units. Both units are 2 bedroom/2 baths with open floorplans and have brand new doors, windows, tankless water heaters & wood style ceramic tile flooring throughout. Kitchens are open & spacious, complete with quartz counters, stylish backsplash, new stainless steel appliances & fixtures, brushed nickel hardware, custom lighting fixtures, recessed lighting and new custom cabinetry. All bathrooms have been updated with top of the line modern finishes including floating vanities & showers with feature wall & seamless glass closure. Laundry room for both units complete with washer and dryer that is included in the sale. Year-round enjoyment of Balboa Island living. Don't miss this one!
Location
State CA
County Orange
Area N9 - Lower Newport Bay - Balboa Island
Zoning MU-W2 Mixed use
Rooms
Other Rooms Guest House Attached
Main Level Bedrooms 2
Interior
Interior Features Breakfast Bar, Built-in Features, Open Floorplan, Stone Counters, Bar, Bedroom on Main Level, Main Level Primary, Multiple Primary Suites, Primary Suite
Heating Electric, Solar, Wall Furnace
Cooling None
Flooring Tile
Fireplaces Type None
Fireplace No
Appliance Dishwasher, Electric Cooktop, Electric Oven, Electric Range, Free-Standing Range, Freezer, Disposal, Gas Water Heater, Microwave, Refrigerator, Self Cleaning Oven, Tankless Water Heater, Dryer, Washer
Laundry Washer Hookup, Electric Dryer Hookup, Laundry Room, Outside, See Remarks, Stacked
Exterior
Exterior Feature Awning(s)
Parking Features Concrete, Driveway, Guest, On Site, Off Street, Oversized, One Space, See Remarks, Side By Side, Tandem, Uncovered
Fence Block, Wood
Pool None
Community Features Curbs, Sidewalks
Utilities Available Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
Waterfront Description Ocean Side Of Freeway,Ocean Side Of Highway
View Y/N No
View None
Roof Type Composition,See Remarks
Accessibility Parking
Porch Concrete, Deck, Front Porch, Patio, Wrap Around
Attached Garage No
Total Parking Spaces 7
Private Pool No
Building
Lot Description Corners Marked, Level, Street Level
Faces West
Story 2
Entry Level Two
Foundation Concrete Perimeter, Slab
Sewer Public Sewer, Shared Septic, Sewer Tap Paid
Water Public
Architectural Style Contemporary
Level or Stories Two
Additional Building Guest House Attached
New Construction No
Schools
Elementary Schools Abraham Lincoln
Middle Schools Horace Ensign
High Schools Corona Del Mar
School District Newport Mesa Unified
Others
Senior Community No
Tax ID 05005226
Acceptable Financing Cash, Cash to New Loan
Green/Energy Cert Solar
Listing Terms Cash, Cash to New Loan
Financing Cash to New Loan
Special Listing Condition Standard
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Bought with Carly Ward • McMonigle Group Corp.