1245 W Balboa Boulevard

Newport Beach, CA 92661

PRICE REDUCED

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-$201,000 (-5.03%)

$3,799,000

List Price

2

bed Beds

2

shower Baths

432 sqft

straighten / sqft

1924

calendar_month Built

Property Description

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.

Listing Information

List Price $3,799,000
Status Active
MLS NP24127815
HOA $0
Type Residential
Subtype Single Family Residence
Year Built 1924
Lot Size 3,184
Structure Size 432
DOM 99
Courtesy Of Pacific OC Properties
Listing Agent Darwin Pearson DRE#01347688

Interior Features

Laundry Information
Location(s) Outside
Total Bedroom
Bedrooms 2
Total Bathroom
Bathrooms 2
Fireplace Information
Features None
Additional Information
Additional Features All Bedrooms Down
Cooling Type
Cooling Type None

Exterior Information

Maps

Listing information courtesy of: Darwin Pearson, Pacific OC Properties . *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 10:38 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.