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200 E Balboa Boulevard

Newport Beach, CA 92661
  • $4,774,900
  • STATUS: Active
  • ON SITE: 112 Days
  • ID#: LG25188085
UPDATED: 89 min ago
$4,774,900
  • 0
    BEDS
  • 0.06
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
2017
County:

School Ratings & Info

Listing Agent(s): John Veytia of Compass (949-438-4340) and Neda Alimoradian of Compass(949-546-6260)


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 youre 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, youll instantly feel youve 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, its just a short walk to the beach with crashing waves or a quick stroll to the bay, the Fun Zone, and the ferry to Balboa Island.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-12-12T00:26:58.333. 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 deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Independent Broker Network. Licensed in the State of California, USA.
www.robynicenhowerproperties.com/homes/167206445
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200 E Balboa Boulevard Newport Beach, CA 92661

  • Price: $4,774,900
  • Status: Active
  • On Site: 112 Days
  • Updated: 89 min ago
  • ID#: LG25188085
0
Beds
0
Baths
0
½ Baths
0.06
Acres
2017
Built
Neighborhood:
NP - Balboa Peninsula
County:
Orange
Area:
NP - Balboa Peninsula
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 youre 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, youll instantly feel youve 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, its just a short walk to the beach with crashing waves or a quick stroll to the bay, the Fun Zone, and the ferry to Balboa Island.
Exterior Features

Entry Level 1 Entry Location 1 Exterior Features Barbecue Lot Features Corner LotStreet Level Number Of Separate Electric Meters 0 Parking Features Door-MultiGarage Parking Total 2 Pool Features None Pool Private YN No Property Attached YN No Roof Metal View Ocean View YN Yes

Interior Features

Appliances DryerWasher Common Walls No Common Walls Cooling Central Air Cooling YN Yes Door Features Sliding Doors Fireplace Features Living RoomPrimary BedroomOutside Fireplace YN Yes Heating CentralNatural Gas Heating YN Yes Interior Features Built-in FeaturesBalconyElevatorGranite CountersOpen FloorplanStorageUnfurnished Window Features BlindsBay Window(s)DrapesScreens

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Cap Rate 4 Common Interest None Community Features FishingSidewalksWater Sports Electric 220 Volts in Garage220 Volts in Kitchen220 Volts in Laundry Electric Expense 3600 Fuel Expense 200 Garage YN Yes Gross Income 370000 Gross Scheduled Income 368295 Insurance Expense 3000 Land Lease YN No Laundry Features Washer HookupElectric Dryer HookupGas Dryer HookupInsideLaundry Room Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to Existing LoanConventional Net Operating Income 281200 New Construction YN No New Taxes Expense 47500 Number Of Separate Gas Meters 0 Number Of Separate Water Meters 0 Operating Expense 62900 Property Condition Updated/Remodeled Property Sub Type Single Family Residence Rent Control YN No Security Features Security SystemCarbon Monoxide Detector(s)Smoke Detector(s) Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 1200 Utilities Cable ConnectedElectricity ConnectedPhone ConnectedSewer ConnectedWater Connected Water Sewer Expense 1200 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-12-12T00:26:58.333. 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 deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Independent Broker Network. Licensed in the State of California, USA.
 
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Robyn Graham & Associates | Independent Broker Network
1148 N. Chinowth Suite A
Visalia CA, 93291
Listing Agent(s): John Veytia of Compass (949-438-4340) and Neda Alimoradian of Compass(949-546-6260)