1200 W Balboa, Newport Beach, CA 92661
Local realty services provided by:ERA North Orange County Real Estate
1200 W Balboa,Newport Beach, CA 92661
$3,295,000
- - Beds
- - Baths
- 2,879 sq. ft.
- Multi-family
- Active
Listed by: brian wollner
Office: compass714-406-2880
MLS#:OC26237091
Source:CRMLS
Price summary
- Price:$3,295,000
- Price per sq. ft.:$1,144.49
About this home
A rare corner-lot multifamily opportunity on Newport Beach’s 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 owner’s 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 reach—an exceptional opportunity to enjoy and invest in the Peninsula lifestyle....
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Home facts
- Year built:1953
- Subdivision & Development:Balboa Peninsula (Residential) (BALP)
- Listing ID #:OC26237091
- Added:7 day(s) ago
- Updated:November 12, 2026 at 08:23 PM
Rooms and interior
- Flooring:Carpet, Tile, Vinyl
- Kitchen Description:Dishwasher, Gas Oven, Gas Range, Microwave, Range Hood, Refrigerator, Vented Exhaust Fan
- Living area:2,879 sq. ft.
Heating and cooling
- Heating:Central, Wall Furnance
Structure and exterior
- Roof:Composition, Shingle
- Year built:1953
- Building area:2,879 sq. ft.
- Lot area:0.07 Acres
- Lot Features:Corner Lot, Drip Irrigation/Bubblers, Landscaped
- Construction Materials:Stucco
- Exterior Features:Lighting, RainGutters
- Foundation Description:Raised
- Levels:2 Story
Utilities
- Water:Public, Water Connected
- Sewer:Public Sewer, Sewer Connected
Finances and disclosures
- Price:$3,295,000
- Price per sq. ft.:$1,144.49
Features and amenities
- Appliances:Dishwasher
- Amenities:Carbon Monoxide (CO2) Detector, Ceiling Fans, Gas Water Heater, Koi Pond, Living Room Deck Attached, Open Floor Plan, Rain Gutters, Storage, Track Lighting
Parking
- Total parking spaces:3
- Parking description:1 Carport Space(s), Assigned, Carport, Garage
- Garage:Yes
- Garage spaces:2
- Carport spaces:1
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