A one of a kind 3 story live/work space in the heart of Balboa, with amazing views of the ocean, bay, Balboa Pavilion and the sparkling lights across the water. This unique contemporary building features retail space and garages for 6 cars on the ground floor. Live and work just steps from restaurants, shopping, beachside activities, the Balboa Pier, the historic Newport Pavilion, and the charming Balboa Ferry. The top two floors consist of a 3 bedroom, 3 bath home with two fireplaces and indoor and outside staircases, flexible floor plan and expansive decks off of both levels to enjoy the panoramic vistas and ocean breezes. This is ideal for an owner/user- as a full time home above your business or the perfect beach getaway, just steps to all Balboa has to offer! Enjoy all of the benefits of an income producing property or your own private office & work place with lots of upside potential. Projected rent of $7000 for residence, $2200 retail/office. Just steps to all Balboa has to offer! Built in 1991, this is the first time on the market, and rare find.City permits show retail space of 560 square feet, residence 1920 sq ft and garage 1080 sq ft. Buyer to verify prior to purchase.
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