$4,195,000
For Sale
2752 sqft | 3 beds | 2.5 baths | 0.06 acres | #NP24183411
Listing OfficeCompass
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Type:Purchase
Structure:House
Zone:Residential

Description

Lowest Price Per Square Foot on Balboa Island!
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!

  • Interior Details
      • InteriorBeamedCeilings, BreakfastBar, BuiltInFeatures, Balcony, CathedralCeilings, DryBar, SeparateFormalDiningRoom, EatInKitchen, GraniteCounte
    • Beds & Baths
      • Bathrooms2.5
      • Bedrooms3
      • Full Baths2
      • Half Baths1
  • Property Details
      • Lot DescriptionZeroToOneUnitAcre, Landscaped
      • ViewNeighborhood
      • Exterior MaterialsLighting
      • Stories2
    • Measurements
      • Acres0.0585
      • Square Feet2752
    • Parking
      • Parking Spaces1.5
  • Construction Details
      • Property TypePurchase
    • Condition
      • Year Built1984
    • Material information
      • FoundationRaised
  • Utilities / Energy Details
      • Utility FeaturesSewerConnected
      • Sewer InformationPublicSewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • SubdivisionBalboa Island - Main Island (BALM)
    • Location
      • School DistrictNewport Mesa Unified
      • High SchoolCorona Del Mar
      • CountyOrange
  • Financial Details
      • Original List Price$4,295,000
  • Other
      • MLS #NP24183411

Location

Jerry Avila#TheRealEstateGuy
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years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
$
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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Loan Amount
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