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615 E. Balboa Unit A

Newport Beach, CA 92661

3 beds
3 baths
1,400 sqft
2,000 sqft lot
$1,535 per sqft
1989 build
– on site

Exquisite Balboa Village Beach House! Short-Term Rental Permit Included! Own a piece of paradise in the heart of Balboa Village! This beautifully remodeled three bedroom, three bathroom home boasts a highly sought-after short-term rental permit, offering investment potential and an unparalleled lifestyle. Steps to the ocean and across from the world-famous Fun Zone, this charming home is ideally situated for enjoying all Balboa Village has to offer. Take the ferry to Balboa Island, swim in the ocean, or simply relax and soak up the sunshine! Fully renovated in 2022 and meticulously maintained, the property is move-in ready and comes with everything you need, including; furniture, dishes, bikes, boogie boards, in unit washer/ dryer and refrigerator. To add to the value already mentioned - it has a two car garage! Don't miss this rare opportunity. SHORT TERM RENTAL PERMITS are highly coveted in Newport Beach with a reported waiting list. This home presents an exceptional investment opportunity, allowing you to share your slice of paradise with others.

Listed By CRMLS_CA / Ronnie Cancellieri / Surterre Properties Inc.

Last checked: Checking… • Last updated Apr 22, 2024 •

MLS# NP24048681 —

This home is listed in more than one place. See it here.

The Building

Year Built:

1989
Year Built Source:

Estimated
New Construction:

No
Structure Type:

House
Entry Level:

2
Common Walls:

1 Common Wall
Total Number Of Units:

1
Unit Number:

A
Stories Total:

1

Interior

Features:

Balcony, Ceiling Fan(s), Open Floorplan, Recessed Lighting, Stone Counters
Levels:

One
Entry Location:

2
Kitchen Features:

Stone Counters
Eating Area:

Breakfast Counter / Bar, Dining Room
Room Type:

Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Primary Bedroom
Living Area Units:

Square Feet
Living Area Source:

Estimated
Fireplace:

Yes
Fireplace:

Living Room, Gas
Laundry:

Inside, Stackable
Laundry:

1

Room Dimensions

Living Area:

1400.00

Location

Directions:

Balboa Blvd
Latitude:

33.60218200
Longitude:

-117.90043500

The Property

Property Type:

Residential
Subtype:

Condominium
Lot Size Area:

2000.0000
Lot Size Acres:

0.0459
Lot Size SqFt:

2000.00
Lot Size Source:

Estimated
View:

1
View:

Harbor, Marina, Ocean, Peek-A-Boo
Property Attached:

1
Land Lease:

No
Lease Considered:

No

Listing Agent

Contact info:

Beds

Total Bedrooms:

3
Main Level Bedrooms:

3

Baths

Total Baths:

3
Bathroom Features:

Bathtub, Shower, Shower in Tub
Full & Three Quarter Baths:

3
Main Level Baths:

3
Full Baths:

3

The Listing

Buyer's Brokerage Compensation:

2.500%
Special Listing Conditions:

Standard
Buyer's Brokerage Compensation:

$2.50
Parcel Number:

93216034

Heating & Cooling

Heating:

1
Heating:

Fireplace(s), Forced Air
Cooling:

Yes
Cooling:

Central Air

Utilities

Sewer:

Public Sewer
Water Source:

Public

Appliances

Appliances:

Dishwasher, Disposal, Gas Oven, Gas Range, Microwave, Refrigerator
Included:

Yes

Schools

High School District:

Newport Mesa Unified

The Community

Subdivision:

Balboa Peninsula (Residential) (BALP)
Subdivision:

Balboa Peninsula (Residential) (BALP)
Senior Community:

No
Features:

Biking, Curbs, Gutters, Sidewalks, Storm Drains, Street Lights
Pool:

None
Private Pool:

No
Spa Features:

None
Inclusions:

Art, furnishings, Bikes, boogie boards, beach chairs, washer, dryer, refrigerator
Association Amenities:

Other
Association:

Yes
Assessments:

No
Assessments:

None
Units in the Community:

4

Parking

Parking Spaces:

2.00
Attached Garage:

No
Garage Spaces:

2.00

Monthly cost estimate

Asking price

$2,150,000

Expense	Monthly cost
Mortgage	$11,512
Taxes	N/A
Insurance	$591
Utilities	$130 See report
Total	$12,233/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price	% Change
3/12/24 Mar 12, 2024	Listed / Active	CRMLS_CA	$2,150,000	87.0% (10.9% / YR)
3/25/16 Mar 25, 2016		CRMLS_CA	$1,150,000	-4.1%
3/4/16 Mar 4, 2016		CRMLS_CA	$1,199,000

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This condo located in Balboa Peninsula Point, Newport Beach, CA 92661 is currently for sale for $2,150,000. 615 E. Balboa Unit A is a 1,400 square foot condo with 3 beds and 3 baths that has been on Estately for 56 days. 615 E. Balboa Unit A is in the Balboa Peninsula Point neighborhood of Newport Beach and has a WalkScore® of 76, making it very walkable. This condo is in the attendance area of Newport Elementary School, Ensign Intermediate School, and Newport Harbor High School.

Listing Courtesy of: CRMLS_CA and Surterre Properties Inc.. Based on information from California Regional Multiple Listing Service, Inc. as of 23:57 on May 06.

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.