This Office Property is Off-Market.

408 E. BALBOA BLVD.
Newport Beach, CA 92661 ·

1,956 SF · Office For Sale

N/A

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BALBOA MIXED USE OFFICE/RES.

Price N/A Commission Split 2%
Building Size 1,956 SF No. Stories 2
Property Type Office Year Built 1947
Property Sub-type Office Building Lot Size 2,450 SF
Property Use Type Vacant/Owner-User
Listing ID: 15781973 Date Created: 06/30/2008 Last Updated: 09/17/2012

Description

(OWNER WILL CARRY, OWNER WILL CARRY) THIS IS IDEAL FOR OWNER USER OPERATION. LIVE UPSTAIRS AND WORK DOWNSTAIRS. UPPER LEVEL MAYBE ABLE TO BE BUILT OUT TO MAKE LARGER UNIT (CHECK WITH CITY). THIS IS ONE OF THE LAST GRANDFATHER IN OFFICE MIXED USE PROPERTY ON BALBOA BLVD.

PROPERTY BACKS UP TO HOMES PRICED AT $1,000,000 PLUS CONDOS FOR A SINGLE LEVEL UNIT. CLOSE TO THE NEWLY REHABILITATED BALBOA PIER AREA. RESTAURANTS, SHOPS, RIDES, FISHING, BOATING, SAILING ARE ALL JUST 3-5 MIN WALK FROM PROPERTY(DRE LICENSE#00943174)

Highlights

  • SELLER MAY CARRY NOTE 5 YRS. 6% INTEREST ONLY PAYMENTS
  • TWO 1 BEDROOM 1 BATH UPSTAIRS UNITS
  • DOWNSTAIRS 1370 SQFT OFFICE OR MAYBE CONVERT TO HOME
  • GREAT FUTURE DEVELOPMENT INTO 2 SEPERATE CONDO UNITS
  • UPSTAIR UNITS WERE RENTED FOR $1,000 EACH BOTTOM WAS $3,800 MONTH
  • EXCLUSIVE AREA TO WORK AND LIVE

Research

408 E. BALBOA BLVD., Newport Beach, CA 92661 (Orange County)

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