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1209 W Balboa Boulevard

Newport Beach, CA 92661

– beds
– baths
– sqft
3,049 sqft lot
1952 build
– on site

Outstanding investment opportunity for the buyer with a vision. Just one house to the beach and very close to all the Balboa Peninsula offers. This two story triplex offers exceptional long term rental income, close proximity to the oceanfront and plenty of parking/garage space for all units. Tenants enjoy the use of the laundry room, relaxing areas in the courtyard or front patio. This property has been upgraded over the last 5 years and can be used as rentals yearly or summer/winter rentals to maximize income stream. There are two units with 2 bedrooms and 2 bathrooms and one unit over garage is 1 bedroom and 1 bathroom. All units are currently occupied. Next door is 1213 W. Balboa and is the exact mirror of 1209. Buy one or buy both and create a development project with a high enough build to enjoy white water views year round from the upper units. The highest and best use would be stacked condo's with elevators and balconies. The city of Newport Beach has consulted with an architect on the possible future development of 1209 and 1213 W. Balboa. Hurry because this type of property sells fast in Newport Beach, Balboa Peninsula!

Listed By CRMLS_CA / Karly Brown / Karly Brown, Broker / 949-355-8006

Last checked: Checking… • Last updated Apr 13, 2025 •

MLS# NP25068186 —

This property is listed in more than one place. See it here.

The Building

Year Built:

1952
Year Built Source:

Assessor
New Construction:

No
Building Area Units:

Square Feet
Total Number Of Units:

3
# of Buildings:

1
Foundation:

Slab
Stories Total:

2
Entry Level:

2
Accessibility Features:

Parking
Common Walls:

2+ Common Walls
# of Separate Gas Meters:

3
# of Separate Water Meters:

3
# of Separate Electric Meters:

3

Interior

Features:

Beamed Ceilings
Levels:

Two
Entry Location:

1
Flooring:

Laminate
Room Type:

All Bedrooms Down, All Bedrooms Up
Fireplace:

No
Fireplace:

None
Laundry:

Common Area
Laundry:

1

Location

Directions:

12th and W. Balboa
Latitude:

33.60593700
Longitude:

-117.91659800

The Property

Property Type:

Residential Income
Subtype:

Triplex
Lot Features:

2-5 Units/Acre, Rectangular Lot
Lot Size Area:

3049.0000
Lot Size Acres:

0.0700
Lot Size SqFt:

3049.00
Lot Size Source:

Assessor
View:

None
Security Features:

Smoke Detector(s)
Road Surface Type:

Paved
Property Attached:

1
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Block:

12
Tax Census Tract:

628.00
Tax Tract:

234
Tax Lot:

22

The Listing

Special Listing Conditions:

Standard, Trust
Parcel Number:

04724111
Showings Begin:

2025-04-12

Heating & Cooling

Heating:

1
Heating:

Wall Furnace
Cooling:

No
Cooling:

None

Utilities

Utilities:

Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Sewer:

Public Sewer
Water Source:

Public

Appliances

Appliances:

Electric Range, Gas Water Heater
Included:

Yes

The Community

Features:

Watersports, Sidewalks, Storm Drains, Street Lights
Pool:

None
Waterfront Features:

Beach Access
Senior Community:

No
Private Pool:

No
Spa Features:

None
Assessments:

Yes
Assessments:

Buyer to Verify

Parking

Parking:

Yes
Parking:

Assigned, Garage Faces Rear, Garage - Single Door, Tandem Uncovered
Parking Spaces:

6.00
Garage Spaces:

3.00
Uncovered Spaces:

3.00

Extra Units

Number With Disposal:

3
Number With Refrigerator:

2

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
4/12/25 Apr 12, 2025	Listed / Active	CRMLS_CA	$3,100,000
9/12/24 Sep 12, 2024	Listed / Active	BRIDGE

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This multifamily located in Central Newport Beach, Newport Beach, CA 92661 is currently for sale for $3,100,000. 1209 W Balboa Boulevard is a – square foot multifamily with – beds and – baths that has been on Estately for 4 days. 1209 W Balboa Boulevard is in the Central Newport Beach neighborhood of Newport Beach and has a WalkScore® of 63, making it somewhat walkable. This multifamily is in the attendance area of Newport Harbor High School, Ensign Intermediate School, and Newport Elementary School.

Listing Courtesy of: CRMLS_CA and Karly Brown, Broker. Based on information from California Regional Multiple Listing Service, Inc. as of 00:03 on Apr 16.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.