127 Pearl Newport Beach, CA 92662
UPDATED:
10/31/2024 11:18 PM
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Subdivision Balboa Island - Main Island (Balm)
MLS Listing ID NP24183411
Bedrooms 3
Full Baths 2
Half Baths 1
HOA Y/N No
Year Built 1984
Lot Size 2,548 Sqft
Property Description
At just $1,524 per square foot, this is the lowest priced per square foot home on Balboa Island and the second lowest priced home overall on the entire island! The seller is motivated to make a deal, so don't miss out! Located two blocks from the Ferry on the sunny side of a prime street, this home includes those hard-to-get short-term rental permits. It offers three spacious bedrooms, two and a half baths, plus a loft. The open, airy floor plan features a gourmet kitchen with stainless steel appliances, granite countertops, and a large island. The master suite boasts a walk-in closet and en-suite bath, and outside, a cozy courtyard invites you to relax in the ocean breeze.
With a strong rental history, this is the perfect investment, second home, or income-generating property. 127 Pearl Ave is ideal for full-time living, a vacation getaway, or turnkey rental income—a rare find in the heart of Balboa Island!
Location
State CA
County Orange
Area N9 - Lower Newport Bay - Balboa Island
Zoning R-BI
Rooms
Ensuite Laundry Inside, Upper Level
Interior
Interior Features Beamed Ceilings, Breakfast Bar, Built-in Features, Balcony, Cathedral Ceiling(s), Dry Bar, Separate/Formal Dining Room, Eat-in Kitchen, Granite Counters, High Ceilings, Pantry, Recessed Lighting, Storage, Unfurnished, All Bedrooms Up, Primary Suite, Walk-In Pantry
Laundry Location Inside,Upper Level
Heating Forced Air
Cooling None
Flooring Carpet, Wood
Fireplaces Type Living Room
Inclusions washer/dryer/refrigerator
Fireplace Yes
Appliance 6 Burner Stove, Dishwasher, Gas Cooktop, Disposal, Gas Oven, Gas Range, Microwave, Refrigerator, Trash Compactor, Tankless Water Heater
Laundry Inside, Upper Level
Exterior
Exterior Feature Lighting
Garage Garage Faces Rear
Garage Spaces 1.5
Carport Spaces 1
Garage Description 1.5
Fence Wrought Iron
Pool None
Community Features Street Lights, Sidewalks
Utilities Available Sewer Connected
Waterfront Description Beach Access
View Y/N Yes
View Neighborhood
Roof Type Shingle,Slate
Porch Concrete, Deck, Enclosed, Patio
Parking Type Garage Faces Rear
Attached Garage Yes
Total Parking Spaces 3
Private Pool No
Building
Lot Description 0-1 Unit/Acre, Landscaped
Dwelling Type House
Story 2
Entry Level Two
Foundation Raised
Sewer Public Sewer
Water Public
Architectural Style Cape Cod
Level or Stories Two
New Construction No
Schools
High Schools Corona Del Mar
School District Newport Mesa Unified
Others
Senior Community No
Tax ID 05004224
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Special Listing Condition Standard
