1209 W Balboa Boulevard
Newport Beach, CA 92661
- 5 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!
Last checked:
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Last updated Apr 13, 2025
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MLS# CRNP25068186 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1952
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Building Area Units:Square Feet
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Security Features:Smoke Detector(s)
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Accessibility Features:Other
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Other Equipment:Other
Interior
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Flooring:Laminate
Room Dimensions
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Living Area Units:Square Feet
Location
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Directions:12th and W. Balboa
The Property
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Property Type:Residential Income
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Property Subtype:Triplex
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Exterior Features:Other
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Parcel Number:04724111
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Lot Features:Other
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Lot Size Area:0.07
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Lot Size Acres:0.07
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Lot Size SqFt:3049
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Lot Size Units:Acres
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View:None
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View:false
Listing Agent
- Contact info:
- Agent phone:
- (949) 355-8006
Taxes
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Tax Tract:628.00
Beds
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Bedrooms Total:5
The Listing
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Listing Terms:Cash
Heating & Cooling
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Heating:Wall Furnace
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Heating:true
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Cooling:No Air Conditioning
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Cooling:true
Utilities
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Utilities:Sewer Connected
Appliances
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Appliances:Gas Water Heater
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Laundry Features:Common Area
The Community
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Association:false
Parking
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Garage:true
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Attached Garage:false
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Carport:false
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Parking Total:6
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Parking Features:Assigned
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
4/12/25
Apr 12, 2025
|
Listed / Active | BRIDGE | $3,100,000 | |
9/12/24
Sep 12, 2024
|
Listed / Active | BRIDGE |