2711 West Balboa Boulevard
Closed 7/10/24
Closed 7/10/24
Description
- Listed by Greg Blake • DRE #01227057 • Brokerage DRE #00616212 • Coldwell Banker Realty • 949-500-8684
- Listed by Tim Smith • DRE #01346878 • Brokerage DRE #00616212 • Coldwell Banker Realty
Property Details for 2711 West Balboa Boulevard
Property Details for 2711 West Balboa Boulevard
| Status | Closed |
|---|---|
| MLS # | NP23179029 |
| Days on Market | 247 |
| Taxes | - |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1972 |
| Lot Size | 0.05 AC / 2,178 SF |
| County | Orange County |
Building Information for 2711 West Balboa Boulevard
Property Information for 2711 West Balboa Boulevard
- Gross Income: $154,433
- Gross Scheduled Income: $204,000
- Vacancy Allowance Rate: 10
- Net Operating Income: $108,600
- Cap Rate: 2.98
- Financing: Cash To New Loan
- Operating Expense: $75,000
- New Taxes Expense: $38,315
- Cable TV Expense: $2,000
- Fuel Expense: $1,200
- Electric Expense: $3,538
- Insurance Expense: $1,628
- Trash Expense: $0
- Water Sewer Expense: $1,012
- Total Expenses: $74,269
- Tax Tract Number: 0
- CFD/Mello-Roos Fee: $0
- Tax Lot: 2
- Assessments YN: Yes
- Assessments: Unknown
- Community Features: Sidewalks
- Appliances: Dishwasher, Freezer, Gas Oven, Gas Cooktop, Microwave, Refrigerator
- Equipment: Dishwasher, Freezer, Garage, Gas Or Electric Dryer Hookup, Microwave, Refrigerator
- Interior Features: Balcony, Beamed Ceilings, Built-in Features, Ceiling Fan(s), High Ceilings, Living Room Balcony, Open Floorplan, Recessed Lighting, Tile Counters
- Room Type: Family Room, Kitchen, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Primary Bedroom, Walk-In Closet
- Bedroom Features: Main Floor Bedroom, WalkInCloset
- Laundry: Yes
- Laundry Features: Gas & Electric Dryer Hookup, In Garage
- Laundry Equipment Own Lease: Own
- Fireplace Features: None
- Fireplace Rooms: None
- Cooling: Central Air
- Heating Type: Forced Air
- Heating: Forced Air
- Heat Equipment: Forced Air Unit
- Flooring: Vinyl
- Virtual Tour URL Unbranded: https://my.matterport.com/show/?m=GX4yGNKmiKq&brand=0
- Door Features: Mirror Closet Door(s)
- Window Features: Blinds, Skylight(s)
- Exterior Features: Barbecue Private
- Entry Location: 1
- Property Condition: Turnkey
- Waterfront Features: Ocean Side of Freeway, Ocean Side Of Highway 1
- Pool Features: None
- Pool Description: None
- Pool: N/K
- Spa Features: None
- Lot Features: Paved
- Number Of Units: 2
- Land Lease: No
- Land Lease Type: Fee
- Road Surface Type: Paved
- Levels: Two
- Water: Public
- Sewer: Public Sewer
- Electric: Standard
- Water Source: Public
- Garage Spaces: 2
- Parking Garage Spaces: 2
- Carport Spaces: 0
- Builders Tract Name: Lido Peninsula
- Builders Tract Code: Lido Peninsula (LIPN)
- Unit Type Units Total: 1
- Unit Type Beds Total: 3
- Unit Type Baths Total: 2
- Unit Type Furnished: Furnished
- Unit Type Garage Spaces: 1
- Unit Type Garage Attached: Yes
- Unit Type Actual Rent: $106,949
- Unit Type Total Rent: $106,949
- Unit Type Pro Forma: 119345
- Unit Type Type: 1
- Unit Type Units Total: 1
- Unit Type Beds Total: 2
- Unit Type Baths Total: 2
- Unit Type Furnished: Furnished
- Unit Type Garage Spaces: 1
- Unit Type Garage Attached: Yes
- Unit Type Actual Rent: $75,863
- Unit Type Total Rent: $75,863
- Unit Type Pro Forma: 84656
- Unit Type Type: 2
- Rent Controlled: No
- Number Of Buildings: 1
- Number Of Separate Electric Meters: 2
- Number Of Separate Gas Meters: 2
- Number Of Separate Water Meters: 1
Property History for 2711 West Balboa Boulevard
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 2711 West Balboa Boulevard
Schools near 2711 West Balboa Boulevard
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 6 | |||
| Public - | 7 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | K to 12 |
Rating | School | Distance |
|---|---|---|
Newport Elementary School PublicK to 6 | ||
Horace Ensign Intermediate School Public7 to 8 | ||
Newport Harbor High School Public9 to 12 | ||
Monte Vista High School PublicK to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.
Listing Courtesy of Coldwell Banker Realty, Greg Blake, DRE #01227057; Coldwell Banker Realty, Tim Smith, DRE #01346878
Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.