Residential Income Details
This extremely rare Balboa Peninsula Bayfront triplex has one of the most spectacular Newport Harbor, Fashion Island, Saddleback mountain, and city lights views in Newport Beach. With over 5,700 square feet of living space, this property has three full levels of living that is highlighted by the handsome 3,000 square foot owner’s unit; it features panoramic vistas, a living room with a dual sided fireplace, dining area, family room, a generous-sized kitchen with maple cabinetry, stainless steel appliances and granite countertops; a luxurious master suite with a fireplace, his and hers baths, two additional bedrooms with ensuite baths, a powder bath, laundry room, an office work area and a unbelievable rooftop deck with “jaw dropping” views and a jacuzzi. The two lower level units each have three bedrooms, two baths, fireplaces, great rooms with galley kitchens, a shared laundry facility, and big harbor vistas. The property features 48’ of bayfront, a private pier and slips for two boats including a 70’; a 3-car tandem garage for the owner’s unit and two 2-car tandem garages each designated to the lower units. Located on a quiet street within easy walking distance of all of the fun of Newport Beach including the Newport Pier with its world-famous boardwalk, Blackies surfing beach, and great restaurants and nightlife. This property is perfect for an owner who seeks an “up or down leg” to a 1031 exchange, or for the owner who wants a luxurious owner’s unit & great rental income.
|Number of Units||3|
|Listing Brokerage||Villa Real Estate|
|Listing Agent||Steve High|
|Listing Agent BRE #||00936421|
|Co-Listing Agent||Evan Corkett|
|Co-Listing Agent BRE #||00468496|
Based on information from California Regional Multiple Listing Service, Inc. as of Thursday, August 9, 2018.
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