For Sale Duplex MLS# LG26166425

1527 W Balboa

Newport Beach, CA 92663

$3,995,000

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Take the tour

About 1527 W Balboa

Listen to the waves crash from your bedroom in this rare to the market beach-close duplex located just one home from the sand, offering an exceptional opportunity for owner occupants, investors, those looking for a vacation house, or those seeking a coastal retreat with income potential. This fully upgraded property features two separate well maintained residences. First a charming front cottage with 2 bedrooms and 1 bathroom. The second unit is an fully upgraded owners home containing 3 bedrooms and 2 bathrooms, complete with New LVP luxury flooring downstairs, new white oak flooring upstairs, the upstairs bathroom is brand new, and the entire property is newly painted. A one-car garage provides convenient parking and storage and a second uncovered parking spot is available in the rear of the property. Both units will rent for top dollar, or keep one for your own use and rent the other for some extra income. These features make 1527 W. Balboa truly one to see!

The home is in one of the most desirable locations on the Peninsula, walk west and you are on the beach, walk east and you will find Newport Bay. Also directly across the street you’ll find the marina and Marina Park (perfect for young families), complete with the lighthouse restaurant and its iconic lighthouse, creating picturesque bay views from the property. Enjoy an unbeatable location where both the beach and bay are just steps away, with endless opportunities for boating, paddle boarding, dining, and the quintessential Newport Beach lifestyle.

Property details

Property

Type
Duplex
MLS type
Duplex
Status
Active
Year built
1946
Stories
2
Living area
2,000 sqft
Price / sqft
$1,998
Lot
0.0588
Original price
$3,995,000
MLS #
LG26166425

Interior

Appliances
Gas Oven, Gas Range
Flooring
Wood
Heating
Wall Furnace
Laundry
Electric Dryer Hookup, Gas Dryer Hookup
Windows
Double Pane Windows

Exterior & lot

Features
Contemporary, Barbecue, Parking spaces: 1
Construction
Wood Siding
Roof
Composition, Shingle
Foundation
Slab
Fence
Block
View
Bay, Landmark, Ocean, Panoramic, Peek-A-Boo, Water
Waterfront
Across the Road from Lake/Ocean, Beach Access, Ocean Access, Ocean Side Of Freeway, Ocean Side Of Highway
Parking
Garage Faces Rear
Garage spaces
1

Schools

District
Newport-Mesa Unified School District

Utilities

Utilities
Public Sewer, Sewer Tap Paid, Public, Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected, 220 Volts in Laundry
Water
Public
Sewer
Public Sewer, Sewer Tap Paid
Security
Carbon Monoxide Detector(s)

Financial

Parcel
04721102
Special conditions
Standard

Location

Area
NP - Balboa Peninsula
County
Orange
Neighborhood
Central Newport
Community
City Street, 0.0
Directions
16th X Balboa
Subdivision
none

Ask about this property

Questions on 1527 W Balboa, Newport Beach, CA 92663, or want to see it in person?

Listed by Sean Jarne, First Team Real Estate

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.