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
Bedrooms5 Baths3.0 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 5 bedrooms and 3 full baths. 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

Bedrooms

5

Full Bath

3

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.0588

Year Built

1946

Town/City

Newport Beach

County/Region

Orange

MLS | Web ID

LG26177551

Days on Market

62

Features
General
Living Area 2000
Sewer Public Sewer
Heating Wall Furnace
Cooling None
Utilities Cable Connected Electricity Connected Natural Gas Connected Phone Connected Sewer Connected Water Connected
Possession Close Of Escrow
Roof Composition
Appliances Gas Cooktop Gas Oven Gas Range Microwave Refrigerator Self Cleaning Oven Dryer Washer
Zoning r2
HOA Fee 0
Garage Spaces 1
Patio/Porch Features Rear Porch Concrete Front Porch Open Patio Stone
Architectural Style Cottage
Pool Features None
Security Features Carbon Monoxide Detector(s) Smoke Detector(s)
Construction Materials Concrete
Exclusions None
Year Built 1946
Electric 220 Volts in Garage
View Bay City Lights Park/Greenbelt Marina Ocean Panoramic Water
Stories Count 2
Levels Two
Property Subtype Duplex
Elevation 1
Waterfront Features Ocean Access Ocean Side Of Freeway Ocean Side Of Highway
Community Features Curbs Fishing Gutter(s) Storm Drain(s) Street Lights Sidewalks Water Sports
Accessibility Accessible Doors Accessible Entrance
County Orange
New Construction false
Property Type Residential
HOA false
Attached Garage true
Contingency None
Subdivision Name none
Garage Y/N true
Full Baths 3
Special Listing Conditions Standard
Status Active
Directions 15th X Balboa
High School Newport Harbor
City Newport Beach
Disclosures Home Warranty
Association Name none
Entry Location 1
Senior Community Y/N false
High School District Newport Mesa Unified
Number Of Units Total 2
MLS Area NP - Balboa Peninsula
Lot Size Units Square Feet
Lot Size Square Feet 2561
Listing Terms Cash Cash to New Loan Conventional
Spa Features None
Elementary School Newport
Property Attached Y/N false
Land Lease Y/N false
Current Financing None
Middle/Junior High School Ensign
Property Condition Updated/Remodeled Turnkey
Additional Parcels Y/N false
Lease Considered Y/N false
Virtual Tour https://my.matterport.com/show/?m=VH35XJfFEp3 https://my.matterport.com/show/?m=htrNVcChZgt
Structure Type Duplex
Living Area Units Square Feet
Builder Name Unknown
Standard Status Active
Occupancy Type Owner
Year Built Source Assessor
Tax Lot 15
Property Sub Type Additional Duplex
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Interior
Interior Amenities Breakfast Bar Ceiling Fan(s) Crown Molding Separate/Formal Dining Room Granite Counters High Ceilings Recessed Lighting
Flooring Wood
Fireplace Features None
Total Stories 2
Common Walls No Common Walls
Air Conditioning Y/N false
Heating Y/N true
Window Features Blinds Custom Covering(s) Drapes
Fireplace Y/N false
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Laundry Features Washer Hookup Electric Dryer Hookup Gas Dryer Hookup Inside
Total Bedrooms 5
Below Grade Finished Area 0
Entry Level 1
Main Level Bedrooms 2
Main Level Bathrooms 2
Below Grade Finished Area Unit Type Square Feet
Total Baths 3
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Exterior
Exterior Amenities Barbecue
Fencing Average Condition Block Wood
Parking Features Concrete Door-Single Garage Garage Door Opener Other Paved Garage Faces Rear Uncovered
Lot Features 0-1 Unit/Acre
Water Source Public
Total Parking 1
Inclusions Appliances
Lot Size Area 2561
Foundation Details Slab
Spa false
Lot Dimensions 103 x 25
Lot Size Acres 0.0588
Road Surface Type Paved
Private Pool false
Lot Size Source Assessor
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

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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
0 Elementary School
0 Middle School
Newport Harbor High School High School
Pricing History
DatePricePrice ChangeDescription
8/13/2026$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 5 bedrooms, 3.0 baths, and was built in 1946. The property's zip code is 92663 which is in Newport Beach, CA