1701 W Balboa Boulevard

Offered at: $6,100,000

Year Built: 1948

Region: N8 - West Newport - Lido

MLS#: 25627581

Status: Active Under Contract

Property Description

1701 W. Balboa Blvd. is a prime Newport Beach trophy asset opportunity on a 7,688 SF triple lot, just one building from the sand and the only 5+ unit property currently for sale in the city. The building offers an ideal mix of studios, one-, two-, and four-bedroom units, with bay and ocean views in select units. Amenities include a community sun deck, on-site laundry, and (9) single-car garages. Recent upgrades include a new roof with warranty, fresh exterior paint, new garage doors, updated windows, interior renovations in most units, and a replaced main panel. With strong upside, this pride-of-ownership asset sits in one of Orange County's most desirable coastal locations.