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1623 W Balboa BLVD Newport Beach, CA 92663
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Key Details
Sold Price $3,200,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Subdivision Balboa Peninsula (Residential) (Balp)
MLS Listing ID NP25125329
Sold Date 07/22/25
HOA Y/N No
Year Built 1973
Lot Size 2,613 Sqft
Property Sub-Type Duplex
Property Description
Investor opportunity in prime Balboa Peninsula location. Situated directly across from Marina Park and the iconic Lighthouse Café, this duplex offers an unbeatable coastal lifestyle and excellent income potential. The property features two spacious units—each with 2 bedrooms and 2 bathrooms. The lower unit is currently leased to a long-term tenant, providing immediate rental income, while the upper unit is vacant and ready for your personal updates. Enjoy a bay view from the upstairs living area, along with the convenience of a two-car garage. Whether you're looking to remodel and maximize value or hold as a rental investment, this is a rare chance to own in one of the best spots on the Peninsula.
Location
State CA
County Orange
Area Np - Balboa Peninsula
Interior
Interior Features Balcony, Pantry, Storage, Track Lighting, Bedroom on Main Level, Primary Suite
Heating Central
Cooling Central Air
Fireplaces Type Primary Bedroom
Fireplace Yes
Laundry Inside
Exterior
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Biking, Curbs, Fishing, Gutter(s), Park, Storm Drain(s), Street Lights, Sidewalks, Water Sports
Utilities Available Cable Available
Total Parking Spaces 2
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story 2
Entry Level Two
Sewer Public Sewer
Water Private
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 04720204
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash to New Loan
Special Listing Condition Standard
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Bought with Frederick Espino SoCal Realty Group
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