1527 W Balboa Newport Beach, CA $ 3,995,000
1527 W Balboa
$ 3,995,000
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1527 W Balboa

Newport Beach, CA, 92663
$ 3,995,000
Bedrooms-- Baths1.0 Sq 2,000

Monthly Estimate*

$ 27,592

Listed by Sean Jarne, First Team Real Estate, sean@jarnerealty.com
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Multi-Family Home for sale in Newport Beach, CA

for $3,995,000 with 1 full bath. This 2,000 square foot home was built in 1946 on a lot size of 0.0588.

Listen to the waves crash from your bedroom in this rare to the market beach-close duplex located just one home from the sand, offering an exceptional opportunity for owner occupants, investors, those looking for a vacation house, or those seeking a coastal retreat with income potential. This fully upgraded property features two separate well maintained residences. First a charming front cottage with 2 bedrooms and 1 bathroom. The second unit is an fully upgraded owners home containing 3 bedrooms and 2 bathrooms, complete with New LVP luxury flooring downstairs, new white oak flooring upstairs, the upstairs bathroom is brand new, and the entire property is newly painted. A one-car garage provides convenient parking and storage and a second uncovered parking spot is available in the rear of the property. Both units will rent for top dollar, or keep one for your own use and rent the other for some extra income. These features make 1527 W. Balboa truly one to see! The home is in one of the most desirable locations on the Peninsula, walk west and you are on the beach, walk east and you will find Newport Bay. Also directly across the street you’ll find the marina and Marina Park (perfect for young families), complete with the lighthouse restaurant and its iconic lighthouse, creating picturesque bay views from the property. Enjoy an unbeatable location where both the beach and bay are just steps away, with endless opportunities for boating, paddle boarding, dining, and the quintessential Newport Beach lifestyle.

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Multi-Family Active

Price

$ 3,995,000

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.0588

Year Built

1946

Town/City

Newport Beach

County/Region

Orange

MLS | Web ID

LG26166425

Days on Market

76

Features
General
Sewer Public Sewer Sewer Tap Paid
Heating Wall Furnace
Cooling None
Utilities Cable Connected Electricity Connected Natural Gas Connected Phone Connected Sewer Connected Water Connected
Possession Close Plus 3 Days
Roof Composition Shingle
Appliances Gas Oven Gas Range
HOA Fee 0
Garage Spaces 1
Architectural Style Contemporary
Pool Features None
Security Features Carbon Monoxide Detector(s)
Construction Materials Wood Siding
Exclusions none
Year Built 1946
Electric 220 Volts in Laundry
Tenant Pays None
View Bay Landmark Ocean Panoramic Peek-A-Boo Water
Stories Count 2
Levels Two
Property Subtype Duplex
Gross Income 0
Waterfront Features Across the Road from Lake/Ocean Beach Access Ocean Access Ocean Side Of Freeway Ocean Side Of Highway
Community Features Curbs Street Lights Sidewalks
County Orange
Net Operating Income 0
Operating Expense 0
Insurance Expense 0
New Construction false
Property Type Residential Income
HOA false
Contingency None
Subdivision Name none
Facing Direction East
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions 16th X Balboa
City Newport Beach
Entry Location 1
Senior Community Y/N false
Open Parking Spaces 0
Number Of Units Total 2
MLS Area NP - Balboa Peninsula
Lot Size Units Square Feet
Lot Size Square Feet 2561
Carport Spaces 0
Number of Units Leased 1
Listing Terms Cash Cash to New Loan Conventional
Spa Features None
Property Attached Y/N false
Land Lease Y/N false
Electric Expense 0
Current Financing Conventional
Fuel Expense 0
Property Condition Updated/Remodeled Turnkey
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N false
Rent Control Y/N false
Virtual Tour https://my.matterport.com/show/?m=VH35XJfFEp3 https://my.matterport.com/show/?m=htrNVcChZgt
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 15
Property Sub Type Additional Duplex
Expected Active Date 2026-08-12
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Interior
Flooring Wood
Total Stories 2
Common Walls No Common Walls
Air Conditioning Y/N false
Heating Y/N true
Window Features Double Pane Windows
Laundry Features Electric Dryer Hookup Gas Dryer Hookup
Entry Level 1
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Exterior
Exterior Amenities Barbecue
Fencing Block
Parking Features Garage Faces Rear
Lot Features Rectangular Lot
Water Source Public
Total Parking 1
Inclusions None
Lot Size Area 2561
Foundation Details Slab
Number of Buildings 2
Spa false
Building Area Total 2000
Lot Size Acres 0.0588
Road Surface Type Paved
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 0
Number of Separate Gas Meters 0
Number of Separate Electric Meters 0
Road Frontage Type City Street
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* Excluded Features
List By
Sean Jarne

Listing Agent

First Team Real Estate

Broker

sean@jarnerealty.com

Email

Affordability Calculator

$27,592
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Monthly Principal & Interest
$27,592
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Default based on a 30-year fixed rate of 7.375% 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
7/30/2026$3,995,000 Listed Price

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1527 W Balboa, Newport Beach, CA, 92663 is a Multi-Family Home for sale at $3,995,000 with 2,000 sqft and a lot size of 0.0588. 1527 W Balboa has 1.0 baths and was built in 1946. The property's zip code is 92663 which is in Newport Beach, CA