1209 W Balboa Boulevard

Newport Beach, CA 92661

  • 5 Bed(s)
  • 5 Bath(s)
  • 0 Sqft
  • 3049
    Sqft(Lot)
$3,100,000

Description

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!

  • Property Type

    Residential Income

  • County

    Orange

  • Style

    Residential Income

  • AD ID

    49346762

Sell a home like this and save $185,501 Find Out How

Statistics Bottom Ads 1
Google Ads

Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

    Interior Features

    • Interior Features: Beamed Ceilings,All Bedrooms Up,All Bedrooms Down
    • Property Appliances: Electric Range,Gas Water Heater
    • Fireplace: None
    • Flooring: Laminate

    Cooling Features

    • None
    • Air Conditioning

    Heating Source

    • Wall Furnace
    • Has Heating

    Fireplace

    • Fireplace Features: None
    • Has Fireplace: 0

  • Building Information

    • Year Built: 1952

    Foundation

    • Slab

    Security Features

    • Smoke Detector(s)

    Accessibility Features

    • Parking

    Pool Features

    • None

    Laundry Features

    • Common Area

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.07
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 3049

  • Listing Price Information

    • Original List Price: 3,100,000
    • Listing Contract Date: 2025-04-08

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 04724111

  • Garage and Parking

    • Garage Description: Assigned,Door-Single,Garage,Garage Faces Rear,Tandem,Uncovered

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
    • Tenant Pays: All Utilities,Water

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: NP - Balboa Peninsula
    • Postal Code Plus 4: 1059
    • Directions: 12th and W. Balboa
    • Source Property Type: Residential Income
    • Area: NP - Balboa Peninsula
    • Property SubType: Triplex

    Building and Construction

    • Property Age: 73
    • Common Walls: 2+ Common Walls
    • Structure Type: Triplex
    • Year Built Source: Assessor
    • Entry Level: 2
    • Entry Location: 1
    • Property Attached: Yes
    • Levels or Stories: Two
    • Building Total Stories: 2
Statistics Bottom Ads 2
Google Ads
Sidebar Ads 1
Google Sidebar Ads
Learn More about this Property
Message allows only 1500 character
Sidebar Ads 2
Google Sidebar Ads
Sidebar Ads 2
Google Sidebar Ads

Copyright © 2025 by the Multiple Listing Service of the California Regional MLS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the California Regional MLS®. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.

BuyOwner last updated this listing 04/26/2025 @ 01:02

  • MLS: NP25068186
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 5 bedrooms which is for sale, it has 0 sqft, 3,049 sized lot, and 3 parking. are nearby neighborhoods.