Conveniently located just steps from the ferryboat to the fun zone on Balboa Island, this stunning property boasts two separate dwellings, both of which have been taken down to the studs & rebuilt to the highest quality standards. Exterior has been updated with a beautiful rock & smooth stucco finish overlooking the privately owned parking area that can fit up to 6 cars (off street) & 1 car off the alley in the back! Rare to find a property on the island with this much parking! Owned (not leased) solar panels on the rooftop minimizes electric bills & adds tremendous value. Permits pulled, all new sewer, electrical & water lines. Income potential....live in either space & use the other for extended family, a rental or rent out both units. Both units are 2 bedroom/2 baths with open floorplans and have brand new doors, windows, tankless water heaters & wood style ceramic tile flooring throughout. Kitchens are open & spacious, complete with quartz counters, stylish backsplash, new stainless steel appliances & fixtures, brushed nickel hardware, custom lighting fixtures, recessed lighting and new custom cabinetry. All bathrooms have been updated with top of the line modern finishes including floating vanities & showers with feature wall & seamless glass closure. Laundry room for both units complete with washer and dryer that is included in the sale. Year-round enjoyment of Balboa Island living. Don't miss this one!
Listed By CRMLS_CA / Kirby Ellis / Realty National, Inc
Last checked:
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Last updated Apr 30, 2024
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MLS# OC17203056 —
The Building
Year Built:
1923
Year Built Source:
Assessor
New Construction:
No
Construction Materials:
Drywall Walls, Stone
Architectural Style:
Contemporary
Roof:
Composition, See Remarks
Exterior Features:
Awning
Entry Level:
1
Patio:
1
Patio And Porch Features:
Concrete, Deck, Patio, Porch - Front, Slab, Wrap Around
Foundation:
Concrete Perimeter, Slab
Accessibility Features:
Parking
Common Walls:
No Common Walls
Faces:
West
Total Number Of Units:
2
Stories Total:
2
Interior
Features:
Bar, Built-Ins, Open Floor Plan, Stone Counters
Levels:
Two
Entry Location:
Front
Kitchen Features:
Kitchen Island, Kitchen Open to Family Room, Quartz Counters, Remodeled Kitchen, Self-closing cabinet doors, Self-closing drawers, Utility sink
Eating Area:
Breakfast Counter / Bar, Family Kitchen, In Living Room
Window Features:
French/Mullioned, Solar Screens
Flooring:
Tile
Room Type:
Great Room, Kitchen, Laundry, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Master Suite, Two Masters
Living Area Units:
Square Feet
Fireplace:
No
Fireplace:
None
Laundry:
Dryer Included, Electric Dryer Hookup, Individual Room, Outside, See Remarks, Stackable, Washer Hookup, Washer Included
Laundry:
1
Room Dimensions
Living Area:
1600.00
Location
Directions:
Take Jamboree all the way onto the Island,
The Property
Subtype:
Duplex
Zoning:
MU-W2 Mixed use
Lot Features:
Corners Established, Level with Street, Lot-Level/Flat
Lot Size SqFt:
2614.00
Lot Size Source:
Assessor
View:
None
Fencing:
Block, Wood
Fence:
Yes
Road Surface Type:
Alley Paved, Maintained, Paved
Additional Parcels:
No
Other Structures:
Guest House Attached
Land Lease:
No
Lease Considered:
No
Listing Agent
Contact info:
No listing contact info available
Taxes
Tax Tract:
99
Tax Lot:
25
Beds
Total Bedrooms:
4
Main Level Bedrooms:
2
Baths
Total Baths:
4
Bathroom Features:
Shower, Double sinks in bath(s), Double Sinks In Master Bath, Exhaust fan(s), Quartz Counters, Remodeled, Upgraded
Full & Three Quarter Baths:
4
Main Level Baths:
2
Full Baths:
4
The Listing
Special Listing Conditions:
Standard
Parcel Number:
05005226
Heating & Cooling
Heating:
1
Heating:
Wall Heater, Electric, Solar
Cooling:
No
Cooling:
None
Utilities
Utilities:
Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
Sewer:
Public Sewer, Sewer Paid, Shared Septic
Electric:
Photovoltaics Seller Owned
Green Energy Generation:
Solar
Green Energy Efficient:
Appliances, Water Heater, Windows
Green Water Conservation:
Water-Smart Landscaping
Water Source:
Public
Appliances
Appliances:
Dishwasher, Electric Oven, Electric Range, Electric Stove, Free Standing Range, Freezer, Garbage Disposal, Gas Water Heater, Microwave, Refrigerator, Self Cleaning Oven, Tankless Water Heater
Included:
Yes
Schools
Elementary:
ABRLIN
Elementary School:
Abraham Lincoln
Middle School:
Horace Ensign
Middle School:
HORENS
High School:
Corona Del Mar
High School:
CODEMA
High School District:
Newport Mesa Unified
The Community
Subdivision:
Balboa Island - Main Island (BALM)
Subdivision:
Balboa Island - Main Island (BALM)
Senior Community:
No
Features:
Curbs, Sidewalks
Pool:
None
Private Pool:
No
Waterfront Features:
Ocean Side of Freeway, Ocean Side Of Highway 1
Spa Features:
None
Association:
No
Assessments:
Yes
Assessments:
Unknown
Parking
Parking:
Yes
Parking:
Uncovered, Driveway, Driveway - Concrete, Guest, On Site, Oversized, Parking Space, Side by Side, Off Street, Tandem Uncovered, See Remarks
GreatSchools scores are based on a scale from 1 to 10, where 10 is above average. The school service areas are not definitive and should only be used as guidance.
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date
Event
Source
Price
% Change
5/1/23
May 1, 2023
CRMLS_CA
$2,475,000
-8.3%
4/16/23
Apr 16, 2023
CRMLS_CA
$2,700,000
2/8/23
Feb 8, 2023
CRMLS_CA
$2,700,000
-10.0%
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Multifamily
Sold
on 10/16/2018
$1,950,000
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Listing provided by broker:
Kirby Ellis
Realty National, Inc
Listing Agents and Buyer’s Agents represent the two sides of a real estate transaction. As a Seller of a home, your Listing Agent represents your interests and will advise, consult and follow your instructions to sell your property at the best possible price and terms.
If you’re a Buyer, a Buyer’s Agent advises you throughout the transaction, helping you get the best deal and advocating for you. The Buyer’s Agent commission is also paid by the Seller, so the Buyer never sees a bill for their service.
Many first time Buyers believe they can work without a Buyer’s Agent and instead use the same agent as the Seller. When both Buyer and Seller use the same agent, known as “dual agency”, it can sometimes save on fees, but it also puts the agent in a conflict of interest, not fully representing either party.
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Listing Courtesy of: CRMLS_CA and Realty National, Inc.
Based on information from California Regional Multiple Listing Service, Inc. as of 23:20 on May 05.
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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.