1245 Balboa Boulevard, Newport Beach

$4,000,000

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2 Beds
2 Baths
432 Sqft
.07 Acre
0 Garage

The current property consists of a beach cottage and a detached efficiency studio in the garage structure and 1 off street parking spot. The property is located off a large 20 ft. alley with a large approximately 31 ft wide X 102.5 ft long lot. The beach cottage was completely remolded (inside down to studs) in 2020 with new windows and new roof. The owners have City of Newport Beach fully approved construction drawings (permit ready) for a brand new 3-story Single Family Dwelling with 3 story glass elevator, (4 bed, each with its own full bath, plus 2- powder rooms, and an attached full ADU (Accessory Dwelling Unit) with its own entry and patio. The new construction will provide 4 off street parking spaces including an attached 2-car garage and 2-car carport. The main house will total 2924 SF plus the ADU of 533 SF. The new home has 2 decks off the 2nd level (1 with ocean views) and the 3rd level has an 852 SF roof deck area with powder room, appliances, BBQ and fire pit and designed for a hot tub. Ocean views from 2nd and 3rd levels.

Essential Information

MLS® #
NP24127815
Price
$4,000,000
Bedrooms
2
Bathrooms
2.00
Square Footage
432
Acres
0.07
Year Built
1924
Type
Residential
Sub-Type
Single Family Residence
Status
Active

Community Information

Address
1245 Balboa Boulevard
Area
NP - Balboa Peninsula
Subdivision
Unknown
City
Newport Beach
County
Orange
Zip Code
92661

Amenities

Parking
On Site, Off Street, One Space
Garages
On Site, Off Street, One Space
View
None
Pool
None

Utilities

Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Underground Utilities, Water Connected

Interior

Interior Features
All Bedrooms Down
Heating
Baseboard
Cooling
None
Fireplaces
None
# of Stories
1
Stories
One

Appliances

Free-Standing Range, Disposal, Gas Range, Gas Water Heater, Microwave, Refrigerator

Lot Description

0-1 Unit/Acre, Front Yard, Rectangular Lot, Street Level, Tear Down, Value In Land, Yard

School Information

District
Newport Mesa Unified

Additional Information

Date Listed
June 23rd, 2024
Days on Market
9
Zoning
R2

Listing Details

Agent
Darwin Pearson
Office
Pacific OC Properties

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Based on information from California Regional Multiple Listing Service, Inc. as of July 6th, 2024 at 3:10am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.