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$3,799,000

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2 BD

2 BA

432 SqFt

Price Dropped by $51K

1245 W Balboa Boulevard Newport Beach, CA 92661

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Richard Combs

[email protected] +1(619) 838-9307

UPDATED:

10/01/2024 11:38 AM

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 432 sqft

Price per Sqft $8,793

MLS Listing ID NP24127815

Style Detached

Bedrooms 2

Full Baths 2

HOA Y/N No

Year Built 1924

Lot Size 3,184 Sqft

Acres 0.0731

Lot Dimensions 31 X 102.5

Property Description

The current property consists of a beach cottage and a detached efficiency studio in the garage structure and 1 off street parking spot. The property is located off a large 20 ft. alley with a large approximately 31 ft wide X 102.5 ft long lot. The beach cottage was completely remolded (inside down to studs) in 2020 with new windows and new roof. The owners have City of Newport Beach fully approved construction drawings (permit ready) for a brand new 3-story Single Family Dwelling with 3 story glass elevator, (4 bed, each with its own full bath, plus 2- powder rooms, and an attached full ADU (Accessory Dwelling Unit) with its own entry and patio. The new construction will provide 4 off street parking spaces including an attached 2-car garage and 2-car carport. The main house will total 2924 SF plus the ADU of 533 SF. The new home has 2 decks off the 2nd level (1 with ocean views) and the 3rd level has an 852 SF roof deck area with powder room, appliances, BBQ and fire pit and designed for a hot tub. Ocean views from 2nd and 3rd levels.
The current property consists of a beach cottage and a detached efficiency studio in the garage structure and 1 off street parking spot. The property is located off a large 20 ft. alley with a large approximately 31 ft wide X 102.5 ft long lot. The beach cottage was completely remolded (inside down to studs) in 2020 with new windows and new roof. The owners have City of Newport Beach fully approved construction drawings (permit ready) for a brand new 3-story Single Family Dwelling with 3 story glass elevator, (4 bed, each with its own full bath, plus 2- powder rooms, and an attached full ADU (Accessory Dwelling Unit) with its own entry and patio. The new construction will provide 4 off street parking spaces including an attached 2-car garage and 2-car carport. The main house will total 2924 SF plus the ADU of 533 SF. The new home has 2 decks off the 2nd level (1 with ocean views) and the 3rd level has an 852 SF roof deck area with powder room, appliances, BBQ and fire pit and designed for a hot tub. Ocean views from 2nd and 3rd levels.

Location

State CA

County Orange

Area Oc - Newport Beach (92661)

Zoning R2

Interior

Equipment Disposal, Microwave, Refrigerator, Gas Range

Appliance Disposal, Microwave, Refrigerator, Gas Range

Laundry Outside

Exterior

Utilities Available Electricity Connected, Natural Gas Connected, Phone Available, Underground Utilities, Sewer Connected, Water Connected

Building

Lot Description Curbs, Sidewalks

Story 1

Lot Size Range 1-3999 SF

Sewer Public Sewer, Unknown

Water Public

Level or Stories 1 Story

Others

Monthly Total Fees $84

Miscellaneous Value in Land,Storm Drains

Acceptable Financing Cash, Cash To New Loan

Listing Terms Cash, Cash To New Loan

Special Listing Condition Standard

Listed by Darwin Pearson • Pacific OC Properties

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Richard Combs

Broker | License ID: 01526804

+1(619) 838-9307

Richard Combs

1245 W Balboa Boulevard Newport Beach, CA 92661

Richard Combs

Key Details

Location

Interior

Exterior

Building

Others

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1245 W Balboa Boulevard