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Belmont Brokerage provides exclusive access to off-market luxury properties across Los Angeles, Beverly Hills, Glendale, Burbank, and Pasadena. Our agents leverage private networks and AI-powered market analysis to surface properties before they hit the MLS. Schedule a private showing through our website to explore available inventory.

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Belmont Brokerage serves all of Greater Los Angeles including Beverly Hills, Glendale, Burbank, Pasadena, DTLA, North Hollywood, Studio City, Sherman Oaks, Encino, Woodland Hills, Eagle Rock, Silverlake, Los Feliz, Atwater Village, Highland Park, La Crescenta, Tujunga, and Sun Valley. We specialize in both luxury residential and commercial real estate across these markets.

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To list your property with Belmont Brokerage, contact us at (818) 967-6311 or email brokerage@bbandm.com. Our team will provide a complimentary AI-powered Comparative Market Analysis (CMA), professional staging recommendations, and a customized marketing strategy. We list on the MLS and through our exclusive off-market network for maximum exposure.

Does Belmont Brokerage handle commercial real estate?

Yes. Belmont Brokerage handles commercial real estate transactions including office spaces, retail locations, multi-family investments, and mixed-use developments throughout Los Angeles County. Our commercial division provides investment analysis, lease negotiations, and 1031 exchange guidance.

What technology does Belmont Brokerage use for market analysis?

Belmont Brokerage combines California MLS data with internal valuation and offer-strategy workflows, plus compliance-aware document tooling. Agents get data-driven pricing context grounded in active listings and recent market activity.

Is Belmont Brokerage a licensed California real estate brokerage?

Yes. Belmont Brokerage Inc. operates under California Department of Real Estate (DRE) license #02431308. Listings shown from the MLS follow participating board rules, including attribution and IDX display requirements.

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240 Nice Lane 117 — Newport Beach — 1 Bed • 1 Bath • 915 Sq Ft | Belmont Brokerage

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$799,000

$873/ft²

1 beds|1 ba|915 sqft00|1979 Built|0 DOM

240 Nice Ln 117, Newport Beach, CA 92663

Property Description

Well-maintained 1-bedroom ground unit condo just under 1,000 SF in a secure, gated building of Villa Balboa with elevator access to all floors. This prime location also offers a good size patio with side eye - ocean views and nice natural light. Very open floor plan with in unit laundry. Large living room space with slider to the patio. Bedroom suite has a custom walk in closet with slider to patio as well! Enjoy resort-style amenities at Villa Balboa Condominiums, including multiple pools, (one adult-only), whirlpool, tennis and pickleball courts, good sized gym, board room, meeting room, holding kitchen, small resident run library, with a bit of a view of Newport Harbor, and a private walkway to scenic lookout points. Subterranean parking with access through a secure gate offers one assigned spot and locked storage cabinet. There is also a designated, locked, common storage cage in the Subterranean Garage available for residents use only. Just three blocks to the beach and parks. Sunset View Park is a beautiful landscaped place to view the ocean and Newport Harbor. From the end of Sunset View Park half a block down Superior Avenue is the Pedestrian Bridge across Superior Avenue to Sunset Ridge Park which is athletic fields with a track. Villa Balboa adjoins Hoag Hospital and is near lifeguard tower 48, top restaurants, and endless entertainment—all in a peaceful, quiet community.

Listing provided by: Kellie MartinezDRE #01916200877-973-3346 kellieventre@gmail.com, Redfin

MLS #: OC26170092

FLIP & EXPANSION SIMULATORJACKPOT FLIP

Simulate profit based on remodel ($140/sf) & addition ($180/sf)

+$168K

+42.7% ROI

Rehab + Add$173K

Est. ARV$1200K

Est. Profit+$168K

Proj. ROI43%

Sqft to Add (Expansion / ADU)+250 sqft (1,165 total sf)

Remodel Rate (Existing Space)$140/sqft ($128K total)