1213 W Balboa Boulevard, Newport Beach, CA 92661 - Berkshire Hathaway HomeServices California Properties

1213 W Balboa Boulevard, Newport Beach, CA 92661

$3,100,000 Approx. USD 0 beds, 0 baths

Listing Agent


Karly Brown | karlybrown365@gmail.com
Lic#: 01189690
Broker: Courtesy of Karly Brown, Broker

Agent Remarks

Outstanding investment opportunity for the buyer with a vision. Just one house to the beach and very close to all that Balboa Peninsula offers. This two story triplex offers exceptional long term rental income, close proximity to the oceanfront and plenty of garage and parking 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 five years and can be used as rentals yearly or summer/winter rentals to maximize income stream. There are two units with 2 bedrooms 2 bathrooms and one unit over the garage with 1 bedroom and 1 bathroom. All units are currently occupied. Next door is 1209 W. Balboa and is the exact mirror of 1213. Buy one or buy both and create a development project with high enough build to enjoy white water views year round for the upper units. The highest and best use of this land would be to build 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.

Listing Details

Trust & Probate
Property type: Triplex (Multi-Family)
Status: Pending
MLS# NP25069687
Price: $3,100,000
HOA Fee is $0.00
Beds: 0
Baths: 0
None fireplaces
Built in 1952
2 stories
0.07 acres
Lot size: 0.0700
Subdivision: Balboa Peninsula (Residential) (BALP)
County: Orange
Zoning: R2
Interior features: Beamed Ceilings,High Ceilings,All Bedrooms Up,All Bedrooms Down
Appliances: Electric Range,Gas Water Heater,Refrigerator
Parking description: Assigned
Lot description: TwoToFiveUnitsAcre,Rectangular Lot
Heating/cooling: None
Heating description: Wall Furnace
MLS area: NP - Balboa Peninsula

Last Updated: 6/11/2025

 Days On Market (DOM): 37

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This listing belongs to the NP - Balboa Peninsula MLS area

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Lat/Long: 33.605963, -117.916695.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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