204 E Balboa Boulevard,
Home For Sale
Reduced for quick Sale! Location, Location, Location! ! Steps to Beach & Bay! WITH TRANSFERRABLE SHORT-TERM RENTAL PERMIT. Don't miss this rare opportunity to own a turn-key, high-demand, short-term rental business and.vacation home, ideally located at center of the Balboa Peninsula, steps to one of the best beaches in Southern California and beautiful Balboa Bay! Use this duplex for two short-term rental units for high revenue and profit. Or live in one and rent the other for income! Theres a bonus studio apartment with a separate entrance for extra living space. Nestled between the harbor and the coast, a short walk to Main Street, the Balboa Pier and Fun Zone, and only one block to the famous Balboa Peninsula Beach and boardwalk, its the perfect stay for short- or long-term. This property has averaged $150K in gross revenue annually for the last three years, not including the bonus studio apartment used for family and friends. Looking for a great business? Your calendar is constantly filled with high-quality short-term renters and consistently positive reviews. Looking for retirement lifestyle? Youll be steps away from restaurants, shops, services, the Balboa Island Ferry, and the beach life you dream of. The three-bedroom, two-bath apartment with a recently updated bathroom upstairs includes indoor and outdoor front and back porches. Downstairs is a two-bedroom, one-bath with a recently updated kitchen and bathroom. Both apartments have new (2023) split-system HVAC (an essential feature for short-term rentals). The studio has a separate side entrance. A two-car garage a
Property Details
Additional Information
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- County:
- Orange
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- Zip:
- 92661
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- MLS® #:
- OC24117477
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- Bedrooms:
- 6
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- Lot Size:
- 0.06
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- Neighborhood:
- OC - NEWPORT BEACH (92661)
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Listing information last updated on July 4th, 2024 at 3:30am PDT.