1007 E Balboa Boulevard,
Home For Sale
A remarkable opportunity to own 10 Units on the Oceanfront of the Balboa Peninsula with 7 Irreplaceable STR's (SHORT TERM RENTAL PERMITS)! This is a dream deal w/ a monster cap rate and a whopping $640,000 NET income in 2023! Located almost perfectly right next to Balboa Pier, Balboa Fun Zone, Balboa Ferry, Market & Deli, Shopping, Restaurants, Arcades, and More. Each unit is remodeled and ready to be rented immediately. 4 of the Units are directly facing the oceanfront with spectacular panoramic views, including the Pier. Priced to sell and motivated deal. APN 048-146-04 (additional 1,519 sqft parcel on sand/beach) also included.
Property Details
Additional Information
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- County:
- Orange
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- Zip:
- 92661
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- MLS® #:
- NP24109926
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- Bedrooms:
- 1
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- Lot Size:
- 0.08
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- Neighborhood:
- OC - NEWPORT BEACH (92661)
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Listing information last updated on August 23rd, 2024 at 8:00pm PDT.