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Awning Analysis
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Market Statistics
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713 W Balboa BoulevardNewport Beach, CA 92661
$2,795,000  
3  Bd
2  Ba
966  Sq. Ft.
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Key Insights
A
Overall Niche neighborhood grade
This neighborhood is incredibly desirable to live in! See details
NEW
Market Data
A+
Overall Niche school grade
The public schools in this area are top notch! See details

Awning Agent
Andreis Bergeron
Andreis Bergeron
#: Assistant to BK3520130
Andreis is the head of Brokerage Operations at Awning.
Note from Andreis
The advisor has not left any notes on this property.
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Response time: typically within an hour
Text or call  +15126409248

Description
Can You Imagine Views Of The Ocean, Bay & Snow-Capped Mountains All From The Same Home? These Sellers Have Loved And Enjoyed These Views For 4 Generations! So Many Memories Have Been Made Here...Now Is Your Opportunity To Build Precious Memories With Those You Love! As The Saying Goes, Location...Location...Location!!! Well, The Location Is Awesome! It Sits On The Highly Coveted Balboa Peninsula And Is Across The Street From The Prestigious Newport Harbor Yacht Club. You Will Love The Tranquil View Of The Newport Harbor. Just Around The Corner, You Will Find Warm Sand And The Beautiful Blue Waters Of Newport Beach. You Are Just One House In From The Shoreline And Walking Distance To The Balboa Fun Zone, Newport & Balboa Beach Piers. This Is The Location Where Everyone Wants To Be! The Home Is Undersized For The Lot; Therefore, It's A Great Property For A Major Remodel. Outdoors You Will Find A Large Brick Patio To Hang Out. The Downstairs Level Is A Studio Type Apartment (buyer to check zoning for possible 2nd unit or STR) A 3/4 Bathroom And Wall AC & Heater. It Is Totally Separate From The 2nd Story. Upstairs You Will Find A Charming Cottage With A Pick-A-Boo Ocean View From Your Kitchen Window, 2 Bedrooms; Each With Built In Closet/Cabinets, And A Full Bath. There Is Also An Awesome Enclosed Sun Porch That Overlooks The Front Of The Property And Is Where You Have A Beautiful View Of The Newport Harbor And The Snow Capped Views Of Mount Baldy! If It Were Me; I Would Set Up My Home Office Here So That I Could Take Advantage Of The Beautiful Bay & Mountain Views! This Home Also Features An Oversized 2 Car Garage. The Title Shows The Garage Size To Be 552 Square Feet! This Sized Garage Is So Valuable When You Live This Close To The Beach. No Headache Trying To Find Parking!!! In The Garage, You Will Find The Washer & Dryer Hook-Ups And Plenty Of Storage. Just Off The Garage Is An Outdoor Shower, Which Works Wonders At Keeping The Sand Outside. This Home Would Be Perfect As Your Summer Beach House And Would Possibly Make A Great Rental Or Short Term Rental Property. The Neighboring Homes Have Been Remodeled To A More Modern Style Housing And Have Added Lots Of Square Footage And Even Another Story. Check With The City To Find Out What They Will Allow. Now Is The Rare Opportunity To Own An Affordable Beachside Property! Act Now Or You Will Miss Out! Information Is Deemed Reliable But Is Not Guaranteed; Buyer To Verify Every Aspect That Is Important To Buyer.
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Listed by: Cheryleigh Aday · DRE#: Unavailable · HERITAGE REALTYSource: MLS logo crmls · MLS#: CV23026970 · Originating MLS: California Regional MLSAwning last checked: today at 3:05 PM | Last updated 04/06/2023Listing data provided via Home Junction MLS logo

Property Facts & Features
Facts
Units
1
$/SQFT
$2,893
$/Unit
$2,795,000
Lot size
2,160
Built in
1930
Days on Awning
92

Copyright: Listing Information © 2023 California Regional MLS. All Rights Reserved.Disclaimer: Based on information from California Regional Multiple Listing Service, Inc. as of 2023-04-06 02:05:15 and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.MLS logo
 
Awning Analysis The following projections are computed using a proprietary formula. It is a starting point in determining the financial potential for a specific property. The analysis is pulled from public property data and similar local properties listed for rent; there may be special features, location, and market conditions our algorithms have not taken into account.
Monthly Estimated Airbnb Revenue
$6,671

NeighborhoodGet to know what living in 92661 is like.
Report Card for 92661Niche grades and rankings are calculated using dozens of public data sets and millions of reviews. Learn more about how Niche calculates these grades.
Overall Grade
A

Public Schools
A+
Commute
C+
Cost of Living
C-
Crime & Safety
B
Diversity
B-
Good for Families
B+
Jobs
B
Walkability
B+
Data provided by Niche.

Living in 92661
Bars
A+
Coffee Shops
A+
Health & Fitness
A+
Nightlife
A+
Outdoor Activities
A+
Parks
A-
Restaurants
A+
Weather
A+
Data provided by Niche.

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Schools in 92661
School data is not available for this listing.

Market StatisticsMarket Statistics are provided directly from Niche, as well as calculated using historical transaction data provided by local governments.
92661 StatsSee how this home compares to the zip code medians.
92661 Median
Home Value
$2,000,001
Rent
$1,942
Rent-to-Income
18.9%
Income
$123,558
This Home
Listing Price
$2,795,00040% higher than zip
Rent
$10,000415% higher than zip
Rent to Income
97.1%415% higher than zip
Market statistics provided by Niche.

Average Home Price
See how the price of a home in the area has changed over time.
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in Year 2020
  • 92661
    $1,832,000
  • County
    $147,000
Average Price / SqFt
See how the price / sqft in the area has changed over time.
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in Year 2020
  • 92661
    $1,123
  • County
    $73

Demographics
Learn more about the area's income, population, and employment trends. Data provided by the US Census and the Bureau of Labor Statistics.
Household Income
See how the area’s average household income has changed over time.
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in Year 2019
  • 92661
    $211k
  • County
    $89k

Population
See how the area’s total population has changed over time.
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in Year 2020
  • 92661
    4,094
  • Average in County
    23,966

Rent vs Own
See the percentage of homes occupied by owners in the area.
% Owner Occupied for 9266143%
% Owner Occupied for County67%

Employment
See the percentage of adults working white collar jobs in the area.
% White Collar for 9266149%
% White Collar for County58%

Hold Bachelor's Degree
See the percentage of adults who hold at least a bachelor's degree in the area.
9266162%
County38%

Age Distribution 92661
See the distribution of people by age in 92661.
Under 2019%
20 - 4433%
45-6425%
65+23%