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Listed by John Veytia • Compass
$ 4,899,000
Est. payment /mo
New
200 E Balboa BLD Newport Beach, CA 92661
2,400 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family, Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRLG25188085
Year Built 2017
Lot Size 2,400 Sqft
Source California Regional MLS
Property Description
Excellent opportunity for investors or future homeowners! Currently used as a rental, this property offers immediate income potential and is ideal as an up leg for a 1031 tax-deferred exchange. Whether you're looking for a strong addition to your investment portfolio or prefer to rent it out now and move in later, this home provides flexibility and long-term value. A rare chance to secure an income-producing property today with the option to make it your personal residence in the future. When you enter this newer-built home, you'll instantly feel you've arrived at the perfect blend of luxury and comfort. The dramatic living area is centered around a cozy fireplace, creating a warm and inviting space to relax or entertain. Upstairs, three oversized bedrooms offer comfort and privacy, while the third floor reveals a surprising retreat that could serve as another primary suite. GREAT VIEW OF OCEAN With a private elevator connecting each level, convenience is built right in. Enjoy sweeping views of ocean from multiple levels, and embrace the coastal lifestyle with an outdoor fireplace and built-in barbecue designed for year-round gatherings. Whether as a savvy investment or your dream home by the beach, this property delivers both opportunity and lifestyle. Best of all, it's just
Location
State CA
County Orange
Area Np - Balboa Peninsula
Interior
Heating Gas, Central Forced Air
Cooling Central AC
Laundry In Laundry Room, 30, Other, 38, Washer, Dryer
Exterior
Parking Features Attached Garage
Garage Spaces 2.0
Pool None
View Ocean
Roof Type Metal
Building
Lot Description Grade - Level
Water District - Public
Others
Tax ID 04809116
Special Listing Condition Not Applicable
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