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$ 3,498,000
Est. payment /mo
New
126 E Balboa Newport Beach, CA 92661
4 Beds
2,178 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
Subdivision Balboa Peninsula (Residential) (
MLS Listing ID IV25238475
Bedrooms 4
Lot Size 2,178 Sqft
Lot Dimensions 70x30
Property Sub-Type Res Income 2-4 Units
Property Description
Exceptional Balboa Peninsula Triplex Steps from the Ocean and Bay! A rare opportunity to own an income-producing triplex on one of Newport Beachs most desirable streets, just one block from the beach and two blocks from the bay. Perfect for investors seeking strong returns, flexible rental options, and long-term appreciation. This fully upgraded property includes three beautifully maintained units, each with its own mini-split A/C system, modern finishes, and private laundry. All three units are currently occupied on month-to-month leases, providing immediate rental income with the flexibility to adjust rents or transition to short-term or seasonal rentals as desired. Front House (126 E Balboa Blvd) 2 Bedrooms | 1 Bathroom | Fireplace. A bright and inviting front home featuring an open living area with fireplace, upgraded kitchen, detached indoor laundry room, and storage area. The property also boasts an **expansive raised front patiothe largest on the block**perfect for entertaining or maximizing tenant appeal. Upper Unit (126 E Balboa Blvd) 1 Bedroom + Loft/Office | 1 Bathroom. This upper-level unit features a light-filled living area, modern kitchen, in-unit laundry, and a private balcony with peek-a-boo ocean viewideal for professionals, couples, or as a premium vacation rental. Lower Unit (126 E Balboa Blvd) 1 Bedroom | 1 Bathroom. Compact, efficient, and beautifully updated, the lower unit offers a cozy living space and kitchen, with laundry conveniently located in the attached garage. All units have been upgraded and are well maintained, making this property t
Location
State CA
County Orange
Zoning Assessor
Direction From CA-55 S, continue onto Newport Blvd to Balboa Peninsula. Left on Balboa Blvd, go mileproperty on left after Island Ave bef
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Tax ID 04807216
Listed by VINOD DESAR BERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA REALTY
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