$3,700,000
For Sale

603 E Balboa Boulevard

Newport Beach, CA 92661
2480 sqft | 3 beds | 0.06 acres | #24392787
Listing OfficeDouglas Elliman of California, Inc.
Browse 76 photos
Type:Multi-Family
Structure:House
Zone:Commercial

Description

Welcome to 603 E Balboa Blvd, a newly-renovated, exceptional mixed-use investment property located in the heart of Newport Beach, California. This three-story building boasts a strategic combination of commercial and residential spaces, offering an exciting investment opportunity. The 560 sqft~ ground floor of this property is zoned for retail use, providing an excellent opportunity for businesses looking to establish a presence in a bustling coastal community. With generous street frontage, this space offers unparalleled visibility and access to a high-traffic area, making it an attractive prospect for entrepreneurs and retailers. The upper two floors of 603 E Balboa Blvd are zoned for residential use and offer captivating views of the beach. The property also features two viewing decks with stunning ocean, bay and city light views. Situated in a highly walkable neighborhood, just moments from top-notch dining and the iconic Balboa Pier, this property offers a distinctive opportunity for both savvy investors and ambitious entrepreneurs looking to seamlessly integrate business and residence.

  • Property Details
      • ViewBay, CityLights, Ocean, Panoramic, Water
      • SubdivisionBalboa Peninsula (Commercial) (BPCD)
      • InteriorHighCeilings, DressingArea
      • Property SubtypeResidentialIncome
      • Property TypeMulti-Family
      • Original List Price$3,700,000
      • MLS #24392787
      • MLS #24392787
      • Cost3700000
      • CountyOrange
      • Sewer InformationOther
      • Acres0.06
      • Square Feet2480
      • Year Built1914
      • Bedrooms3
      • Stories3
      • Parking Spaces6

Location

Jessie Espinosa | Century 21 Select Real Estate, TurlockReal 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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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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