1200 W Balboa, Newport Beach, CA 92661
Local realty services provided by:Better Homes and Gardens Real Estate Napolitano & Associates
1200 W Balboa,Newport Beach, CA 92661
$3,295,000
- 7 Beds
- 6 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: brian wollner
Office: compass
MLS#:OC26237091
Source:San Diego MLS via CRMLS
Price summary
- Price:$3,295,000
About this home
A rare corner-lot multifamily opportunity on Newport Beachs Balboa Peninsula, 1200 W Balboa Boulevard combines an elevated, raised-foundation setting, a versatile THREE-UNIT CONFIGURATION, and exceptional coastal walkability. The upper-level three-bedroom, two-bathroom unit features a standout deck with outstanding OCEAN-VIEWS AND PARTIAL BAY VIEWS. Two single-level, two-bedroom, two-bathroom residences occupy the front and rear of the property, separated by a shared courtyard and community laundry room. A two-car garage and an additional carport space provide valuable parking. Held by the same owner for nearly 40 years, the property reflects longstanding pride of ownership and offers compelling potential for investors and buyers seeking an owners residence with rental income. Well-maintained interiors are complemented by a newer roof, dual-pane windows, ongoing termite maintenance, upgraded ABS drain lines, and upgraded electrical panels. The upper residence also features central heating. With tenants in place and strong rental upside potential, the property offers established income and an appealing opportunity for long-term growth. Its thoughtful configuration is equally attractive for those looking to occupy one residence while renting the others. Centrally located between Marina Park, Newport Pier, and the Balboa Fun Zone, this quiet coastal setting places beaches, bayfront recreation, dining, and shopping within easy reachan exceptional opportunity to enjoy and invest in the Peninsula lifestyle....
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Home facts
- Subdivision & Development:Balboa Peninsula (Residential) (
- Listing ID #:OC26237091
- Added:1 day(s) ago
- Updated:November 06, 2026 at 04:20 PM
Rooms and interior
- Bedrooms:7
- Total bathrooms:6
Structure and exterior
- Roof:Composition
- Construction Materials:Stucco
- Levels:2 Story
Finances and disclosures
- Price:$3,295,000
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