new - 1 day on rocket

1113 W Balboa Blvd, Newport Beach, CA, 92661

$4,295,000

0 Baths
Multi

Location

Image provided by Mapbox

Property Highlights

Home TypeDuplex
ParkingDirect Access, Garage, Public
Garage2 spaces
Year Built1929
HeatingCentral
CoolingCentral Air
WaterfrontBeach
FireplaceNone
ViewCity Lights
MLS #OC24248595
Lot Size0.07 Acres
StatusActive

About 1113 W Balboa Blvd

What a dream come true to own one of the best locations on the Balboa Peninsula and a property that has TWO ACTIVE SHORT TERM LODGING PERMITS. This duplex is situated between the Newport and Balboa Piers, just one house from the ocean and just a short block away from the Balboa Bay! 1113 W. Balboa has a fabulously large lot...31 X 103... can suite many buyers needs. Property is zoned R2 Single.. Totally remodeled from stem to stern. The front cottage is 3 bedrooms and two bathrooms, not all bedrooms have closets, wardrobes have been provided and laundry facilities. Not only do you have a a front garden, you have a private back patio/yard for BBQ-ing. The back cottage is remarkable... in the sense that you have three stories, from the second floor kitchen you have a peek of the ocean and from the third story loft/family room your view is fairly lovely. Once again, the back cottage has been totally remodeled, like living in a coastal cottage 'treehouse'. This property has an attached garage with laundry facilities. All furnishings are included for both properties.

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1929
  • Stories: 1

Listing Office:

  • Office Name: KASE Real Estate, Inc.
  • Office Phone: (949) 244-6754
  • Listing Agent: Andrew RebulioD'Angelo

Interior Features

Interior Information:

  • Appliances: Convection Oven, Double Oven, Dishwasher, ENERGY STAR Qualified Appliances, Electric Range, Disposal, Gas Range, Water Heater, Microwave, Washer
  • Flooring Type: Vinyl
  • Interior: Beamed Ceilings, Built-in Features, Ceiling Fan(s), Furnished, Quartz Counters, Storage, Tile Counters, All Bedrooms Up, All Bedrooms Down, Main Level Primary
  • Fireplace: None

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Beach
  • View: City Lights
  • Exterior: Barbecue, Lighting

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Direct Access, Garage, Public

Lot Features

Lot Information:

  • Lot Size: 0.07 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Balboa Blvd straight from PCH

Price Information

Listing Price Info

Price Summary:

  • List Price: $4,295,000

Tax Information:

  • Annual Amount: $20,187
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Newport Beach, CA.

Med. Sold Price

$3.5M

Med. Price/SqFt

$1,425

Avg. Days On Market

43

# of Sold Homes

71

1113 W Balboa Blvd vs Newport Beach

1 DAY ON ROCKET

-42 Days

$4,295,000

+$795K More

KEY TAKEAWAY

This property is $795K more than the Median Sold Price in Newport Beach, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #OC24248595

Listing Office:

  • Office Name: KASE Real Estate, Inc.
  • Office Phone: (949) 244-6754
  • Listing Agent: Andrew RebulioD'Angelo

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/17/2024, 11:55:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 24, 2017Home Sold
$1,745,000
Feb 28, 2014Home Sold
$1,208,000
Oct 26, 1995Home Sold
$297,500

Tax History

YEARPROP. TAXASSESSMENT
2021$20,187$1,870,991
2020$19,992$1,851,807
2019$19,193$1,815,498
2018$19,194$1,779,900
2017$13,977$1,281,638

History based on county public records data.

Payment Calculator

$21.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$12.9K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4290394
8
/10
  • Newport Elementary School

  • 1327 W Balboa Blvd

  • 0.19 miles

  • Public District Grades KG-6

school-card-donut-4290395
7
/10
  • Newport Heights Elementary School

  • 300 E 15th St

  • 1.56 miles

  • Public District Grades KG-6

school-card-donut-4290396
7
/10
  • Mariners Elementary School

  • 2100 Mariners Dr

  • 1.89 miles

  • Public District Grades KG-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $110,552. The most common annual income of people living in Newport Beach, CA is between $35k-100k. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

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Rocket HomesCaliforniaOrange CountyNewport Beach926611113 W Balboa Blvd

This home is located at 1113 W Balboa Blvd in Newport Beach, CA and zip code 92661 in the Central Newport Beach neighborhood. This home, which was built in 1929, sits on a 0.07 acre lot. It has been listed on Rocket Homes since December 16, 2024 and is currently priced at $4,295,000.

In November 2024, from all listings sold in Newport Beach, CA there were more than 9 sold above asking price, over 48 sold below and more than 14 were sold right at the asked price. Between October 2024 and November 2024, Newport Beach, CA real estate market has seen decrease in the number of listings by 2.5%. The median list price of listings available in November 2024 was $3,500,000, while the average time on the real estate market was 43 days.

From Rocket Homes Real Estate and based on county public records data.

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