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Listed by John Veytia • Compass
$ 4,899,000
Est. payment /mo
Active
200 E Balboa Boulevard Newport Beach, CA 92661
3,029 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 3,029 sqft
Price per Sqft $1,617
MLS Listing ID CRLG25188085
HOA Y/N No
Year Built 2017
Lot Size 2,400 Sqft
Property Sub-Type OTHER
Source Datashare California Regional
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
Location
State CA
County Orange
Interior
Heating Natural Gas, Central
Cooling Central Air
Fireplace No
Laundry Dryer, Laundry Room, Washer, Other, Inside
Exterior
View Ocean
Building
Lot Description Corner Lot, Other
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