$2,399,000
For Sale

512 W Balboa Boulevard

Newport Beach, CA 92661
0.05 acres | #WS24205398
Listing OfficeTHE HILLCREST TEAM
Browse 3 photos
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

Description

Discover a fantastic 4-unit mixed-use residential and commercial property in the vibrant heart of Newport Beach Peninsula. This prime location features two charming residential units upstairs and two bustling retail spaces downstairs, currently leased to a popular salon and barbershop. Just a short stroll from the beach, an array of restaurants, entertainment options, and boutique shops, this property offers the perfect blend of convenience and coastal living.
All renters are on a flexible month-to-month basis, providing versatility for potential owners. The property also includes two one-car garage spaces and a convenient laundry room on the ground floor. Reroofed in 2021, Balcony waterproofing in 2024. Don’t miss this opportunity to invest in a thriving community!

  • Property Details
      • SubdivisionBalboa Peninsula (Residential) (BALP)
      • Property TypeMulti-Family
      • Sewer InformationPublicSewer
      • Lot DescriptionWalkstreet
      • Original List Price$2,500,000
      • MLS #WS24205398
      • MLS #WS24205398
      • Property SubtypeMixedUse
      • Cost2399000
      • Utility SourcePublic
      • CountyOrange
      • Acres0.05
      • Year Built1960
      • Stories1
      • Parking Spaces2

Location

sawhneyhomesReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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