714-914-4996

1123 E Balboa Boulevard,
Newport Beach, CA 92661

$6,750,000

Receive $84,375 Commission Rebate, when you purchase this home with Jansen Team.

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2 ACTIVE SHORT TERM RENTAL PERMITS!! Soak up the surf and sun at this versatile oceanfront fully furnished duplex in Newport Beach’s sought-after Peninsula Point neighborhood on the Balboa Peninsula. With one unit on each level of the two-story residence, you can live in one and rent the other, or use both as valuable income-producing opportunities. The renderings show how property can look if you build out the current plans plans that have been submitted to the city for a future custom home, making it easy to create the seaside home of your dreams. Presenting a quieter setting near the end of the boardwalk, the duplex is close to The Wedge surf break, Peninsula Park, the Peninsula Point Racquet Club, the Balboa Pier, and Main Street’s vibrant shopping and dining destinations. A spacious view patio highlights the lower-level residence, which features two bedrooms, two baths, a living room with fireplace, a white kitchen, and a dining room that opens to the patio. The open and bright upper unit showcases a vaulted ceiling, a fireplace-warmed living room, a sunny ocean-view deck, a gourmet kitchen with breakfast bar, three bedrooms and two baths. An attached four-car garage with epoxy flooring provides ample off-street parking and room for storing bikes and surfboards.

Basic Information

MLS #:
OC24042496

Price:
$6,750,000

Price
(per sq ft):
$3,445.00

Address:
1123 E Balboa Boulevard ,
Newport Beach, CA 92661

MLS Area:
NP - Balboa Peninsula

Subdivision:
Balboa Peninsula (Residential) (BALP)

Property
Type:
Single Family Residence

Days on Market:
62

Status:
Active

Bedrooms:
5

Bathrooms:
4

Full Baths:
4

Size (sq ft):
1,959 sq ft

Lot Size:
2,614 sq ft

Year Built:
1977

Sale Type:
Standard

Rooms in Home

Rooms:
Entry, Family Room, Main Floor Bedroom

Eating Area:

Laundry:
In Garage, Inside, Upper Level

Entry Location:
1

Interior Features

Fireplace:
Living Room

Cooling:
None

Heating:

Floor:

Appliances:

Interior Features:

Security:

Accessibility:

Garage and Parking

Garage:
Attached

Garage:
4 Spaces

Carport:
0 Spaces

Parking:

Home Owners Association

HOA Dues 1:
$0.00 /

HOA Dues 2:
$

HOA Amenities: 

Utilities

Water:
Public

Utilities:

School Information

District:
Newport Mesa Unified

Elementary:

Middle:

High:

Exterior Features

Pool:
None

Spa:

Patio:

View:
Ocean

Construction:

Foundation:

Roof:

Windows:

Common Walls:
No Common Walls

Levels:
Two

Lot Features:
Rectangular Lot

Additional Information

County:
Orange

Senior Community:
No

Community Features:
Curbs, Sidewalks

Other Structures:

Structure Condition:

Direction Faces:

Listed by:
Compass , Tara McNabb , 01871729

Co-Listed:

Last
Updated:
5/2/2024 7:26 PM

1123 E Balboa Boulevard,
Newport Beach, CA 92661