512 W Balboa Boulevard

Newport Beach, CA 92661

PRICE REDUCED

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-$101,000 (-4.04%)

$2,399,000

List Price

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1960

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Property Description

Discover a fantastic 4-unit mixed-use residential and commercial property in the vibrant heart of Newport Beach Peninsula. This prime location features two charming residential units upstairs and two bustling retail spaces downstairs, currently leased to a popular salon and barbershop. Just a short stroll from the beach, an array of restaurants, entertainment options, and boutique shops, this property offers the perfect blend of convenience and coastal living. All renters are on a flexible month-to-month basis, providing versatility for potential owners. The property also includes two one-car garage spaces and a convenient laundry room on the ground floor. Reroofed in 2021, Balcony waterproofing in 2024. Don’t miss this opportunity to invest in a thriving community!

Listing Information

List Price $2,399,000
Status Active
MLS WS24205398
HOA $0
Type Residential Income
Subtype Mixed Use
Year Built 1960
Lot Size 2,178
Structure Size N/A
DOM 58
Courtesy Of THE HILLCREST TEAM
Listing Agent MICHAEL TRUONG DRE#01982805

Interior Features

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Exterior Information

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Listing information courtesy of: MICHAEL TRUONG, THE HILLCREST TEAM 909-990-8855. *Based on information from the Association of REALTORS/Multiple Listing as of Dec 5th, 2024 at 5:12 AM 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.