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1207 N Bay Front
About This Property
Perfectly positioned in the desirable 1200 block of North Bayfront, with direct access to the beach, embrace the gentle, sandy shoreline perfect for swimming and family fun. This home is just moments from the Village, where charming boutiques, cafes, and celebrated dining create a warm, walkable, and welcoming community. From your own patio, watch the magic of the Christmas Boat Parade drift by, or set off for a spontaneous trip to Catalina.
Centrally located near world class shopping, performing arts venues, and top medical institutions such as Hoag Hospital, City of Hope, and the new UCI Medical Center, this home blends coastal charm with everyday convenience.
Whether you envision embracing full time island living, creating a cherished vacation retreat, or building a spectacular new custom residence, this property offers an unparalleled chance to own and preserve a significant piece of Balboa Island history. This home is more than a property, it's a chance to continue a legacy, to build new memories, and to shape the next chapter of a place that has meant so much to so many. The possibilities are truly exceptional.
(Video shown is AI generated to illustrate potential future concepts.)
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 14, 2026 | Sold | ||
| Sold | |||
| Jul 10, 2026 | In contract | - | |
| In contract | |||
| Mar 3, 2026 | Listed by Lora Vance, Realtor | $7,500,000 | |
| Listed by Lora Vance, Realtor | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017