Reduced for quick Sale! Location, Location, Location! ! Steps to Beach & Bay! WITH TRANSFERRABLE SHORT-TERM RENTAL PERMIT. Don't miss this rare opportunity to own a turn-key, high-demand, short-term rental business and.vacation home, ideally located at center of the Balboa Peninsula, steps to one of the best beaches in Southern California and beautiful Balboa Bay! Use this duplex for two short-term rental units for high revenue and profit. Or live in one and rent the other for income! There’s a bonus studio apartment with a separate entrance for extra living space. Nestled between the harbor and the coast, a short walk to Main Street, the Balboa Pier and Fun Zone, and only one block to the famous Balboa Peninsula Beach and boardwalk, it’s the perfect stay for short- or long-term. This property has averaged $150K in gross revenue annually for the last three years, not including the bonus studio apartment used for family and friends. Looking for a great business? Your calendar is constantly filled with high-quality short-term renters and consistently positive reviews. Looking for retirement lifestyle? You’ll be steps away from restaurants, shops, services, the Balboa Island Ferry, and the “beach life” you dream of. The three-bedroom, two-bath apartment with a recently updated bathr
MLS #
CROC24117477
MLS Source
California Regional MLS
Appliances
Other
Pool
None
Garage/Parking
Garage: 2 Car(s)
# Buildings | # Leased Units | # Total Units |
---|---|---|
1 | – | 3 |
204 E Balboa Bld is a Triplex in Newport Beach, CA 92661. This – square foot property sits on a 2,705 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $2,655,000 and was built in 1979.
This address can also be written as 204 E Balboa Bld, Newport Beach, CA 92661.©2024 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of July 17, 2024. For the most current information, please contact Carl Wuestehube, (800) 621-4258