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Keith Nichols

Keith Nichols
Sells Orange County
Huntington Beach, CA

714-417-1363
Contact Me
DRE #01050395

Contact Me





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Listing 4 out of 429
$1,995,000 For Sale

330 E Balboa Boulevard
Newport Beach, CA 92661

2 units | Multi Family Home
2984 sq ft - MLS# NP19054614
Property Photo
1/26

Description

Located just steps away from the ocean, this Balboa Peninsula duplex is perfect for the investor looking to capitalize on strong rental income or would be perfect for an owner/user looking to live in one unit while generating rent from the other. The lower unit went thru an extensive renovation approximately 10 years ago and features new cabinets, tile floors, stainless steel appliances, and granite countertops. The upstairs unit finished a renovation roughly 18 months ago and features laminate flooring throughout, white shaker cabinets, quartz countertops, stainless steel appliances, and a beautiful subway tiled shower. Additional features include dual pane windows, ample parking, and private washer and dryer hook ups in each of the garages. This duplex is walking distance to the Balboa Pier, Balboa Ferry, and all the shops, dining, and entertainment the Balboa Village has to offer. This is truly one investment property you don't want to miss!

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Active
  • Zip Code: 92661
  • Year Built: 1965
  • Subdivision/Neighborhood: Balboa Peninsula (Residential) (Balp)
  • Stories: Two
  • Units: 2 units
  • # of Parking Spaces: 4.00
  • Lot Size: 2984 sq ft
  • Area: NP - Balboa Peninsula
  • Appliances: Dishwasher, Gas Oven, Gas Stove
  • Appliances YN: Yes
  • Average 2 Bed Area Units: Square Feet
  • Average 3 Bed Area Units: Square Feet
  • Average Studio Area Units: Square Feet
  • Building Area Total: 2562.00
  • Building Area Units: Square Feet
  • Community Features: Sidewalks, Storm Drains, Street Lighting
  • Country: US
  • Directions: On the corner of E. Balboa blvd and Cypress
  • Flooring: Carpet, Laminate
  • Garage Spaces: 2.00
  • Gross Income: 81900.00
  • Gross Scheduled Income: 81900.00
  • Insurance Expense: 1500.00
  • Laundry Features: In Garage
  • Laundry YN: Yes
  • Listing Agent License: 01946797
  • Listing Office License: 01925726
  • Lot Features: 2-5 Units/Acre
  • Lot Size Area: 2982.0000
  • Lot Size Source: Assessor
  • Lot Size Units: Square Feet
  • MLS: CRM
  • Net Operating Income: 53300.00
  • New Taxes Expense: 20950.00
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Operating Expense: 26150.00
  • Parking Features: Garage, Parking Space
  • Parking YN: Yes
  • Property Condition: Updated/Remodeled
  • Road Frontage Type: City Street
  • Room Type: Kitchen, Living Room
  • Sewer: Public Sewer
  • Total Expenses: 26150.00
  • Uncovered Spaces: 2.00
  • Water Sewer Expense: 1200.00
  • Water Source: Public
  • Window Features: Double Pane Windows
  • Year Built Source: Assessor
Courtesy of Villa Real Estate, Christopher Maddy

Keith Nichols | 714-417-1363 | Contact Me
Huntington Beach, CA 92646
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