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Development Opportunity: Two adjacent lots near the beach with a combined 6098 square feet of lot space in the 1st 100 block of Balboa Blvd., this unique offering at 1213 & 1209 W. Balboa Blvd. presents endless possibilities for investors and developers while generating almost $16,000 in combined monthly property income as you develop plans for future improvements. 1209 W. Balboa Blvd. features three spacious income apartments. The apartment homes include two 2-bedroom, 2-bath units—one upstairs and one downstairs—and a 1-bedroom, 1-bath unit located above the garages. The property also consists of a two-car garage, a one-car garage, and three tandem parking spots behind the garages. Tenants share the community laundry room located at 1209 W. Balboa Blvd. Together, these two lots provide a range of development opportunities. You could build your dream home, construct a home with an ADU, develop condos, or reconstruct and maintain them as income-generating apartments. Don’t miss this chance to own two side-by-side beach-close lots with incredible potential.
Property Type(s):
Residential Income
| Last Updated | 9/12/2024 | Tract | Balboa Peninsula (Residential) (BALP) |
|---|---|---|---|
| Year Built | 1952 | Community | Balboa Peninsula |
| Garage Spaces | 3.0 | County | Orange |
Additional Details
| AIR | None |
|---|---|
| APPLIANCES | Disposal, Gas Range, Water Heater |
| AREA | Balboa Peninsula |
| EXTERIOR | Rain Gutters |
| GARAGE | Assigned, Yes |
| HEAT | Wall Furnace |
| INTERIOR | All Bedrooms Down, All Bedrooms Up, High Ceilings |
| LOT | 3049 sq ft |
| LOT DESCRIPTION | 2-5 Units/Acre, Rectangular Lot |
| LOT DIMENSIONS | 31 103 31 103 |
| PARKING | Assigned |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| SUBDIVISION | Balboa Peninsula (Residential) (BALP) |
| UTILITIES | Electricity Connected,Natural Gas Connected,Water Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | Peek-A-Boo |
| WATER | Public |
| ZONING | 31 |
Location
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Listed with Coldwell Banker Realty
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. 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. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2024.
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