126 E Balboa
Newport Beach, CA 92661
4
Bed
3
Bath
2,000Sqft
2,178Sqft(Lot)
Exceptional Balboa Peninsula Triplex – Steps from the Ocean and Bay! A rare opportunity to own an income-producing triplex on one of Newport Beach’s most desirable streets, just 250 feet from the sandy beach and 500 feet from the Newport pier and 700 feet from the Newport Pavilion. Perfect for owner users / investors seeking strong returns, flexible rental options, and long-term appreciation. This fully upgraded property includes three beautifully maintained units, each with its own mini-split A/C system, modern finishes, and private laundry. All three units are currently occupied on month-to-month leases, providing immediate rental income with the flexibility to adjust rents or transition to short-term or seasonal rentals as desired. Front House (126 E Balboa Blvd) – 2 Bedrooms | 1 Bat
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Water/Sewer
Water Source: Public Sewer: Public Sewer -
Interior Features
Roof: Shingle Interior Features: Granite Counters,High Ceilings,Pantry,Recessed Lighting,Storage,Jack and Jill Bath Windows: Screens Property Appliances: Dishwasher,Gas Cooktop,Disposal,Gas Oven,Gas Range,Gas Water Heater,Microwave,Water To Refrigerator,Water Heater Fireplace: Family Room Flooring: Carpet,Laminate -
Cooling Features
Electric Air ConditioningHeating Source
Wall Furnace Has HeatingFireplace
Fireplace Features: Family Room Has Fireplace: 1
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Building Information
Year Built: 1912 Building Area Total: 2,000 Construction: Block Roof: Shingle -
Foundation
SlabSecurity Features
Security System,Carbon Monoxide Detector(s),Fire Detection System,Resident Manager,Smoke Detector(s),Security Lights -
Pool Features
NoneLaundry Features
Washer Hookup,Electric Dryer Hookup,Gas Dryer Hookup,In Garage,Laundry Room,Upper LevelFencing
Excellent Condition,Privacy,Stucco Wall,Wood,Wrought Iron
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Lot Details
Lot Dimensions Source: Estimated Lot Size Acres: 0.05 Lot Size Dimensions: 70x30 -
Lot Size Source: Assessor Lot Size Square Feet: 2178
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Listing Price Information
Original List Price: 3,448,000 Listing Contract Date: 2025-10-13 -
Lease Information
Lease Term: Month To Month Listing Agreement: Exclusive Right To Sell
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Tax Information
Parcel Number: 04807216 Tax Year: 2024 Annual Tax: 28457
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Garage and Parking
Garage Description: Door-Single,Garage,None,Permit Required,Private,Garage Faces RearHomeowners Association
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Rental Info
Lease Term: Month To Month Tenant Pays: Insurance,None,Parking Fee
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Other Property Info
Source Listing Status: Active Source Neighborhood: NP - Balboa Peninsula Directions: From CA-55 S, continue onto Newport Blvd to Balboa Peninsula. Left on Balboa Blvd, go ½ mile—property on left after Island Ave before Medina Way, one block from beach and two blocks from bay Source Property Type: Residential Income Area: NP - Balboa Peninsula Property SubType: Triplex -
Building and Construction
Property Age: 114 Common Walls: No Common Walls Property Condition: Repairs Cosmetic,Updated/Remodeled,Turnkey Structure Type: Triplex Year Built Source: Assessor Entry Level: 1 Entry Location: 1 Levels or Stories: One,Multi/Split Building Total Stories: 1
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 700 E Oceanfront, Newport Beach, CA, 92661 | $6,490,000 | 4 | 3 | 2,310 | 2,310 SqFt |
| 700 E Oceanfront, Newport Beach, CA, 92661 | $6,490,000 | 4 | 3 | 2,310 | 2,310 SqFt |
| 203 8th, Newport Beach, CA, 92661 | $3,595,000 | 5 | 3 | 2,446 | 2,446 SqFt |
| 203 8th St, Newport Beach, CA, 92661 | $3,595,000 | 5 | 2 | 2,446 | 2,446 SqFt |
| 1324 W Balboa Boulevard, Newport Beach, CA, 92661 | $4,099,999 | 6 | 7 | 3,336 | 3,336 SqFt |
Similar Multifamily To 126 E Balboa
Nearby For Sale
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ByOwner last updated this listing 06/09/2026 @ 01:42
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