1527 W Balboa, Newport Beach, CA 92663
1527 W Balboa, Newport Beach, CA 92663,Video Tour
1527 W Balboa, Newport Beach, CA 92663
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$3,995,000
Est. payment /mo
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5 Beds
3 Baths
2,000 SqFt
Open Fri 10AM-12PM

1527 W Balboa Newport Beach, CA 92663

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Darren Schneider

Darren Schneider

+1(619) 987-3113

Open House

Fri Aug 14, 10:00am - 12:00pm

UPDATED:

Key Details

Property Type Townhouse

Sub Type Townhome

Listing Status Active

Purchase Type For Sale

Square Footage 2,000 sqft

Price per Sqft $1,997

MLS Listing ID LG26177551

Style Cottage

Bedrooms 5

Full Baths 3

Year Built 1946

Lot Size 2,561 Sqft

Lot Dimensions 103 x 25

Property Sub-Type Townhome

Property Description

Exceptional Balboa Peninsula DuplexSteps from the Ocean and Bay! A rare opportunity to own an income-producing duplex on one of Newport Beachs 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 appealideal 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 locationclose to Balboa Pier, Balboa Village, the Fun Zone, and the iconic Balboa Ferrythis duplex enjoys consistent tenant demand and strong year-round occupancy. Newport Elementary is a mere 1 block away perf

Location

State CA

County Orange

Zoning r2

Direction 15th X Balboa

Interior

Interior Features Granite Counters, Recessed Lighting

Heating Wall/Gravity

Flooring Wood

Fireplace No

Appliance Dishwasher, Dryer, Microwave, Refrigerator, Washer, Gas Oven, Gas Stove, Self Cleaning Oven, Gas Range

Laundry Washer Hookup, Gas & Electric Dryer HU

Exterior

Parking Features Garage, Garage - Single Door, Garage Door Opener

Garage Spaces 1.0

Fence Average Condition, Wood

Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected

View Y/N Yes

Water Access Desc Public

View Bay, Ocean, Panoramic, Marina, Water, City Lights

Roof Type Composition

Accessibility Doors - Swing In, Entry Slope < 1 Foot

Porch Slab, Stone/Tile, Concrete, Patio, Patio Open

Total Parking Spaces 1

Building

Story 2

Sewer Public Sewer

Water Public

Level or Stories 2

Others

HOA Name none

Senior Community No

Tax ID 04721102

Acceptable Financing Cash, Conventional, Cash To New Loan

Listing Terms Cash, Conventional, Cash To New Loan

Special Listing Condition Standard

Virtual Tour https://my.matterport.com/show/?m=VH35XJfFEp3

MLS Router / San Diego MLS
Listed by Sean Jarne, DRE#01447010 First Team Real Estate 

NEARBY SCHOOL & BUSINESS

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Darren Schneider

Darren Schneider

Agent | License ID: 01241609

+1(619) 987-3113

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1527 W Balboa