CA > Newport Beach > Balboa Peninsula (Residential) (Balp)
Newport Beach, CA 92663,2202 W Oceanfront

$3,450,000

$3,750,000

8.0%
Est.Price: ?

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Est. payment /mo

3,049 Sqft Lot

SOLD DATE : 05/08/2015

Key Details

Sold Price $3,450,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Balboa Peninsula (Residential) (Balp)

MLS Listing ID OC14191270

Sold Date 05/08/15

HOA Y/N No

Year Built 1961

Tax Year 2013

Lot Size 3,049 Sqft

Property Description

REDUCED $200,000. Just steps to the Pacific Ocean and boating capital of the West Coast in “World Famous” Newport Beach, this oceanfront 4-plex is the perfect property for the investor or resident. Located on one of the most sought after stretches of coastline, it’s the perfect spot to enjoy the local shops, restaurants and everything Newport Beach has to offer. Recently re-modeled with custom rock entry, lighted pathway, fountain, palm trees, granite counter tops, top-of-the-line appliances, custom marble fireplace, cherry-wood cabinets, teak flooring, and also a spacious sun deck off the front unit with panoramic ocean and Catalina views. This property offers (3) 1 bedroom units and (1) 2 bedroom unit that can be rented weekly or monthly for premium summer/winter rental rates. In addition, the top two units can combine into a three to four bedroom unit to accommodate those larger family requests. Come see this property for yourself and you’ll see why it’s a one-of-a-kind opportunity to own on the oceanfront.

Location

State CA

County Orange

Area Np - Balboa Peninsula

Interior

Interior Features Balcony, Cathedral Ceiling(s), Granite Counters, Multiple Staircases

Cooling Wall/Window Unit(s)

Flooring Carpet, Wood

Fireplaces Type Family Room

Fireplace Yes

Appliance Built-In Range, Barbecue, Dishwasher, Electric Range, Gas Range

Laundry Laundry Closet, In Garage

Exterior

Garage Door-Multi, Garage Faces Front, Garage, On Site, Garage Faces Rear

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Sidewalks

Utilities Available Sewer Available

View Y/N Yes

View Catalina, Coastline, Ocean

Roof Type Composition

Total Parking Spaces 5

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story Two

Entry Level Two

Foundation Block

Sewer Sewer Tap Paid

Water Public

Level or Stories Two

Others

Tax ID 04714324

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Financing Conventional

Special Listing Condition Standard

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The Warburton Team Brokered By EXp

+1(626) 630-2141

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California Regional MLS (CRMLS)
Listed by Matt Smith • Compass Real Estate
Bought with Amalia Khachikian • Berkshire Hathaway HomeServic
agent-avatar

+1(626) 630-2141

andreww@gowpnow.com

43620 Ridge Park Dr, Temecula, CA, 92590, United States

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