1527 W Balboa Newport Beach, CA 92663 New
UPDATED: 08/14/2026 07:14 PM ON MARKET: 1 days on market
$3,995,000
5 Beds3 Baths2,000 SqFt
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,000 sqft
Price per Sqft $1,997
MLS Listing ID LG26177551
Bedrooms 5
Full Baths 3
Construction Status Updated/Remodeled,Turnkey
HOA Y/N No
Year Built 1946
Lot Size 2,561 Sqft
Lot Dimensions Assessor
Property Sub-Type Duplex
Property Description
Exceptional Balboa Peninsula Duplex–Steps from the Ocean and Bay! A rare opportunity to own an income-producing duplex on one of Newport
Beach's most desirable streets, just 50 feet from the sandy beach, 100 feet from Marina park and 300 feet from the Newport pier. Perfect for owner
users / investors seeking strong returns, flexible rental options, and long-term appreciation. This fully upgraded property includes two beautifully maintained units, each with its own outdoor patio, modern finishes, and private laundry. The front house (2 bedrooms | 1 bathroom) has a large
elevated outdoor patio with a waist high block wall enclosing it for privacy. It is currently occupied on a month-to-month lease, providing
immediate rental income with the flexibility to adjust rents or transition to short-term or seasonal rentals as desired. The Back House (owners
unit) – 3 Bedrooms | 2 Bathroom | Remodeled kitchen - A bright and inviting back home featuring an open living area open to the upgraded
kitchen, detached indoor laundry room, and storage area/garage with an extra parking space behind. The property also boasts a large private
enclosed patio perfect for entertaining or maximizing tenant appeal—ideal for professionals, couples, or as a premium vacation rental. Both units
are well maintained, making this property truly turnkey and ready for immediate cash flow. With its unbeatable location—close to Balboa Pier,
Balboa Village, the Fun Zone, and the iconic Balboa Ferry—this duplex enjoys consistent tenant demand and strong year-round occupancy. Newport
Elementary is a mere 1 block away perfect for families with kids. Immediate income – Front unit is occupied on a month to month lease. Prime
location – short walk to sand, surf, and bay. High rental potential–flexible use for long-term, short-term, or owner-occupied investment. Rare
Peninsula find – upgraded and well maintained. Whether you're an investor expanding your portfolio or a buyer seeking a beach side income
property with exceptional upside, 1527 W. Balboa Blvd is the one to see. Invest where everyone wants to stay—and earn while you plan your next move. Directly across the street, you'll find the marina and Marina Park, complete with 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,
paddleboarding, dining, and the quintessential Newport Beach lifestyle.
Based on information from California Regional Multiple Listing Service, Inc. as of 2026 and/or other resource. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker of MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The information being provided is for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.