126 Balboa, Newport Beach, CA 92661
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
126 Balboa,Newport Beach, CA 92661
$3,498,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by:vinod desar
Office:berkshire hathaway homeservices california realty
MLS#:IV25238475
Source:CAREIL
Price summary
- Price:$3,498,000
About this home
Exceptional Balboa Peninsula Triplex – Steps from the Ocean and Bay! A rare opportunity to own an income-producing triplex on one of Newport Beach’s 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 patio—the largest on the block—**perfect for entertaining or maximizing tenant appeal. Upper Unit (126 ½ 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 view—ideal for professionals, couples, or as a prem
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Home facts
- Year built:1912
- Listing ID #:IV25238475
- Added:2 day(s) ago
- Updated:October 18, 2025 at 04:36 PM
Heating and cooling
- Cooling:Central Forced Air - Electric
- Heating:Wall Furnace
Structure and exterior
- Roof:Shingle
- Year built:1912
- Lot area:0.05 Acres
Utilities
- Water:District - Public, Hot Water
Finances and disclosures
- Price:$3,498,000
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