612 W Balboa Boulevard Newport Beach, CA $ 2,399,000
612 W Balboa Boulevard
$ 2,399,000
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612 W Balboa Boulevard

Newport Beach, CA, 92661
$ 2,399,000
Baths1.0 Sq 1,122

Monthly Estimate*

$ 14,771

Listed by RE/MAX ADVANTAGE
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Studio

Multi-Family Home for sale in Newport Beach, CA

for $2,399,000 with 1 full bath. This 1,122 square foot home was built in 1948 on a lot size of 0.0482.

First time on the market Located in the highly desirable Balboa Peninsula, this versatile 2 unit offers the ultimate coastal lifestyle and exceptional investment potential. Situated just steps from the sand and directly across from the beach, this property is also conveniently close to the pier, shops, and dining. The lower-level unit features a well-appointed 1-bedroom, 1-bath layout—perfect for a vacation rental or long-term tenant. Upstairs, the spacious 2-bedroom, 1-bath unit offers elevated living with added privacy and the potential for ocean breezes off the front enclosed sunroom. The property includes a 2-car garage plus two additional parking spaces—an invaluable amenity in this prime beachside location. Whether you’re looking for a smart investment opportunity or a flexible owner-occupied setup, this property delivers. Live in one unit and rent out the other or maximize income potential by leasing both. Don’t miss this rare opportunity to own in one of Southern California’s most sought-after coastal communities.

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Multi-Family Active

Price

$ 2,399,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.0482

Year Built

1948

Town/City

Newport Beach

County/Region

Orange

MLS | Web ID

IG26084072

Days on Market

3

Features
General
Sewer Public Sewer
Heating Wall Furnace
Cooling None
Possession Close Plus 3 Days
HOA Fee 0
Garage Spaces 2
Pool Features None
Year Built 1948
View Neighborhood Peek-A-Boo
Stories Count 2
Levels Two
Property Subtype Single Family Residence
Gross Income 0
Community Features Curbs Sidewalks
County Orange
Net Operating Income 0
Operating Expense 0
Insurance Expense 2600
New Construction false
Property Type Residential Income
HOA false
Contingency None - APPT only to view
Subdivision Name Balboa Peninsula (Residential) (BALP)
Garage Y/N true
Special Listing Conditions Standard Trust
Status Active
Directions between sixth and seventh streets
City Newport Beach
Entry Location front
Senior Community Y/N false
Open Parking Spaces 2
Number Of Units Total 2
MLS Area NP - Balboa Peninsula
Lot Size Units Square Feet
Lot Size Square Feet 2100
Listing Terms Cash Cash to New Loan Conventional Submit
Spa Features None
Property Attached Y/N false
Land Lease Y/N false
Trash Expense 230
Water Sewer Expense 1004
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Public Records
Tax Lot 23
Property Sub Type Additional Single Family Residence
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Interior
Fireplace Features None
Total Stories 2
Common Walls No Common Walls
Air Conditioning Y/N false
Heating Y/N true
Fireplace Y/N false
Laundry Features In Garage
Entry Level 1
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Exterior
Parking Features Driveway Level Garage Garage Faces Rear
Lot Features No Landscaping Value In Land
Water Source Public
Total Parking 4
Lot Size Area 2100
Number of Buildings 2
Spa false
Building Area Total 1122
Lot Size Acres 0.0482
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 2
Number of Separate Electric Meters 2
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* Excluded Features
List By
Re/Max Advantage

Broker

TinaGriffithRE@gmail.com

Email

Affordability Calculator

$14,771
Per Month
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Monthly Principal & Interest
$14,771
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/18/2026$2,399,000 Listed Price

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612 W Balboa Boulevard, Newport Beach, CA, 92661 is a Multi-Family Home for sale at $2,399,000 with 1,122 sqft and a lot size of 0.0482. 612 W Balboa Boulevard is a studio with 1.0 baths and was built in 1948. The property's zip code is 92661 which is in Newport Beach, CA