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126 E Balboa

Newport Beach, CA 92661
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Bed 4

Bed

Bath 3

Bath

SqFt2,000

Sqft

SqFt2,178

Sqft(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 hroom | Fireplace. A bright and inviting front home featuring an open living area with fireplace, upgraded kitchen, detached indoor laundry room, and storage area. The property also boasts an **expansive raised front patio—the largest on the block—**perfect for entertaining or maximizing tenant appeal. Upper Unit (126 ½ E Balboa Blvd) – 1 Bedroom + Loft/Office | 1 Bathroom. This upper-level unit features a light-filled living area, modern kitchen, in-unit laundry, and a private balcony with peek-a-boo ocean view—ideal for professionals, couples, or as a premium vacation rental. Lower Unit (126 ¼ E Balboa Blvd) – 1 Bedroom | 1 Bathroom. Compact, efficient, and beautifully updated, the lower unit offers a cozy living space and kitchen, with laundry conveniently located in the attached garage. All units have been upgraded and are well maintained, making this property truly turnkey and ready for immediate cash flow. With its unbeatable location—close to Balboa Pier, Balboa Village, the Fun Zone, and the iconic Balboa Ferry—this triplex enjoys consistent tenant demand and strong year-round occupancy. Immediate income – all units occupied on month-to-month leases. Prime location – short walk to sand, surf, and bay. High rental potential – flexible use for long-term, short-term, or owner-occupied investment. Rare Peninsula find – upgraded, air-conditioned, and well maintained Whether you’re an investor expanding your portfolio or a buyer seeking a beachside income property with exceptional upside, 126 E Balboa Blvd is the one to see. Invest where everyone wants to stay—and earn while you plan your next move.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $3,448,000

AD Id : 67564372

MLS Id : IV25238475

Beds : 4

Lot Size : 2,178 Sqft

Living Area Size : 2,000

Year Built : 1912

Garage : 1

County : Orange

Subdivision: Fallbrook

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Feature Features

  • Interior Features

    Granite Counters, High Ceilings, Pantry, Recessed Lighting, Storage, Jack and Jill Bath
    Roof: Shingle
    Appliances: Dishwasher, Gas Cooktop, Disposal, Gas Oven, Gas Range, Gas Water Heater, Microwave, Water To Refrigerator, Water Heater
    Laundry Features: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, In Garage, Laundry Room, Upper Level
    Window Features: Screens
  • Heating & Cooling

    Has Heating: Yes Heating: Wall Furnace Has Cooling: Yes Cooling: Electric

  • Building Information

    Year Built: 1912
    Building Area Total: 2000
    Construction Materials: Block
    Stories: 1
    Pool Features: None
    Private Pool: No
    Water front Features: Across the Road from Lake/Ocean,Beach Access,Beach Front,Ocean Access,Ocean Front
    View: Mountain(s), Neighborhood, Ocean, Panoramic, Peek-A-Boo

  • Lot Information

    Lot Dimensions: 70x30 Main Square Feet: 2178 Lot Size Acres: 0.05 Lot Size Source: Assessor Lot Size Square Feet: 2,178 Lot Description: 0-1 Unit/Acre,Level,Rectangular Lot,Street Level,Value In Land

    Property Information

    Subdivision: Balboa Peninsula (Residential) (BALP) Source Property Type: Residential Income Property SubType: Triplex Direction Faces: East Levels: One,Multi/Split Property Age: 114

  • Listing Price Information

    Listing Price: $3448000
    Original Price: $3498000
    Cash, Cash to New Loan, Conventional, 1031 Exchange

  • Tax Information

    Parcel Number: 04807216 Tax Lot: 20 Tax Block: 1 Tax Year: 2024 Annual Tax: $28457

  • Parking Information

    Parking Total: 1 Door-Single, Garage, None, Permit Required, Private, Garage Faces Rear

    Garage Information

    Has Garage: Yes Garage Space: 1

  • Utility Information

    Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Location Information

    Direction: 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 WaterSource: Public Security Features: Security System,Carbon Monoxide Detector(s),Fire Detection System,Resident Manager,Smoke Detector(s),Security Lights
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
700 E Oceanfront, Newport Beach, CA, 92661 $6,199,000 4 3 2,310 2,310 SqFt
700 E Oceanfront, Newport Beach, CA, 92661 $6,199,000 4 3 2,310 2,310 SqFt
419 E Balboa, Newport Beach, CA, 92661 $5,385,000 6 7 3,455 3,455 SqFt
520 W. Balboa Boulevard, Newport Beach, CA, 92661 $3,499,000 5 4 2,464 2,464 SqFt
203 8th St, Newport Beach, CA, 92661 $3,595,000 5 2 2,446 2,446 SqFt
203 8th, Newport Beach, CA, 92661 $3,595,000 5 3 2,446 2,446 SqFt
1311 W Bay Avenue, Newport Beach, CA, 92661 $5,995,000 5 4 2,335 2,335 SqFt
1320 W Balboa Boulevard, Newport Beach, CA, 92661 $3,850,000 7 5 2,371 2,371 SqFt
1324 W Balboa Boulevard, Newport Beach, CA, 92661 $4,099,999 6 7 3,336 3,336 SqFt

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ByOwner last updated this listing 07/24/2026 @ 21:23

MLS: IV25238475 LISTED BY: VINOD DESAR, BERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA REALTY 951-363-0002 SOURCE: CRMLS

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