$2,495,000
0.05 acres
33.6022 -117.901

603 E Balboa Boulevard Newport Beach, CA 92661

$2,495,000
Est. Monthly $12,687 recalculate
0.05 acres
 

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CENTURY 21 Beachside, Realtors
10061 Talbert, Suite 101
Fountain Valley, CA 92708
714.­964.2121
714.­964.2121
CENTURY 21 Beachside, Realtors
10061 Talbert, Suite 101 Fountain Valley, CA 92708
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603 E Balboa Boulevard
Newport Beach, CA 92661

Explore This Property

Multi-Family (2-4 Units) - A rare live/work space in the heart of Balboa, with amazing views of the ocean, bay, Balboa Pavilion and the sparkling lights across the water. This unique 3 story contemporary building features retail space and garages for 6 cars on the ground floor. The top two floors consist of a 3 bedroom, 3 bath home with two fireplaces, indoor and exterior staircases, a flexible floor plan and expansive decks off of both levels to enjoy the panoramic vistas and ocean breezes. Projected residential income is $7,000 per month, retail/office is $2000.

Live and work just steps from restaurants, shopping, beachside activities, the Balboa Pier, the historic Newport Pavilion, and the charming Balboa Ferry.

So many uses- ideal for an owner/user as a full time home above your business, a perfect beach getaway or a short or long term rental- just steps to all Balboa has to offer! Built in 1991, this is the first time on the market, and a rare find.

Call or text Vicki Lee, the listing agent, at 949 466-3224 for a private showing or more information regarding this one of a kind jewel!
MLS # LG16712340
Courtesy Of HOM Real Estate Group

Property Features

  • Age: 21-30 Years Old
  • Amenities: Vaulted Ceiling
  • Appliances: Dishwasher, Garbage Disposer, Microwave
  • Architecture Style: Contemporary
  • Cooling System: Central A/C
  • Exterior Type: Stucco
  • Floor Covering: Carpet
  • Heating System: Forced Air
  • Lot Size: 0.05 Acres
  • Parking Type: Assigned, Garage, Open
  • Roof Type: Composition Shingle
  • Rooms: Bedroom, Kitchen, Living Room, Master Bathroom, Walk-In Closet
  • View Type: City, Harbor, Ocean, Water

  • Purchase or Lease Opportunities

    Traditional Mortgage
    30 year mortgage at 4.75% APR
    $12,687Your estimated monthly payment
    $499,00020% Down Payment
    $2,495,000 $2,245,500
    purchase price loan amount
    Explore Mortgage Options
    Program Details
    *Neither Century 21 Real Estate LLC nor any of its franchisees or other affiliated companies provides, or is in any way responsible, for any product or service offered by Home Partners of America.

  • Elementary School
    NEWPORT ELEMENTARY SCHOOL
    Grades PRESCHOOL-6 | Public School

    NEWPORT BEACH, CA 92661
    1327 W BALBOA BLVD
    949-515-6965
    1.0
    miles

    Total Students 500
    Student Teacher Ratio 20:1

    School Rating

    4 stars View School Details
    Middle School
    HORACE ENSIGN INTERMEDIATE SCHOOL
    Grades 7-8 | Public School

    NEWPORT BEACH, CA 92663
    2000 CLIFF DR
    949-515-6910
    1.5
    miles

    Total Students 1200
    Student Teacher Ratio 30:1

    School Rating

    4 stars View School Details
    High School
    NEWPORT HARBOR HIGH SCHOOL
    Grades 9-12 | Public School

    NEWPORT BEACH, CA 92663
    600 IRVINE AVE
    949-515-6300
    1.6
    miles

    Total Students 2380
    Student Teacher Ratio 20:1

    School Rating

    4 stars View School Details
    Other Nearby Schools Distance Type Grades School Rating Parent Rating
    Newport Heights Elementary School 1.2 mi Public K-6
    Harbor View Elementary School 1.8 mi Public PRESCHOOL-6
    Mariners Elementary School 2.0 mi Public K-6
    Harper 2.2 mi Public PRESCHOOL-PRESCHOOL
    Abraham Lincoln Elementary School 2.4 mi Public K-6
    Our Lady Queen Of Angels 2.5 mi Catholic K-8
    Harbor Day School 2.6 mi Private K-8
    Corona Del Mar High School 2.6 mi Public 7-12
    Woodland Elementary School 2.7 mi Public K-2
    Pacifica Christian High School-orange County 2.7 mi Private 9-10
    Carden Hall, Inc School 2.8 mi Private PRESCHOOL-8
    St. Joachim 2.9 mi Catholic PRESCHOOL-8
    Roy O. Andersen Elementary School 2.9 mi Public K-6
    Heinz Kaiser Elementary School 3.0 mi Public 3-6
    Eastbluff Elementary School 3.0 mi Public K-6
    Newport Christian School 3.1 mi Private PRESCHOOL-6
    Whittier Elementary School 3.4 mi Public K-6

    Local Area Information for Newport Beach, CA 92661

    Median Age: 43.5
    Married: 40.5%
    Number of Households: 2,079
    Households with Children: 188
    • Occupancy Types
      • 0 Vacant
      • 0 Owned
      • 0 Rented
    • Transportation to Work
      • 0 Drive
      • 0 Public Transportation
      • 0 Walk / Bike / Other
      • 0 Work at Home
    (in Degrees Fahrenheit)
      Visit Area Info Page

      Copyright © 2017 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
      Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
      Sources: Maponics, LLC and Onboard Informatics ©2016. School Performance data by SchoolDigger.com. School Review data by Niche.com. This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.