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1609 E Balboa Boulevard

Newport Beach, CA 92661
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Bed 4

Bed

Bath 4

Bath

SqFt2,572

Sqft(Lot)

**Maximize your portfolio with this rare turnkey four-unit offering in coveted Peninsula Point, just moments from both the beach and bay.** 1609 E Balboa Blvd presents a meticulously maintained and extensively upgraded property in one of Newport Beach’s most desirable coastal enclaves. The property features four one-bedroom, one-bathroom residences, offering an exceptional combination of investment potential, quality, and quintessential Newport Beach lifestyle. Three units were fully remodeled in 2021, while the lower unit underwent a complete renovation in 2025 with the level of quality and finish found in a newly built luxury Newport Beach home. Designed with the owner in mind, Unit D features high-end finishes throughout, a split-system AC, and a floor plan that can easily be converted to a two-bedroom configuration—an especially appealing option for an owner-user seeking a refined coastal residence. The building is exceptionally turnkey and thoughtfully maintained, with substantial upgrades throughout. Two sets of stackable washers and dryers serve the property, and upgraded tankless water heaters were installed in 2022. Each unit has separate electricity and gas, while the owner pays for water and trash, as well as common-area laundry expenses. Three units each include an attached one-car garage, providing highly coveted off-street parking and additional storage. A charming shared front patio with seating and BBQ creates an inviting outdoor gathering space and extends the living experience beyond the individual residences. The location is truly exceptional—within easy walking distance of the beach, bay, restaurants, boutiques, schools and the world-famous Wedge Beach. Enjoy morning walks along the sand, afternoons on the bay, or the vibrant dining and coastal lifestyle that makes the Balboa Peninsula so sought-after. Peninsula Point is celebrated for its iconic community traditions, including the Christmas Boat Parade and Fourth of July festivities, as well as its proximity to the private Bay Beach and tennis club. Rarely does a property offer this combination of four turnkey residences, owner-quality renovation, parking, outdoor space, and an irreplaceable coastal location. 1609 E Balboa Blvd is a distinctive Newport Beach offering with the flexibility to enjoy as an investment, personal retreat, or both—a truly special opportunity in one of the coast’s most prized neighborhoods.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $5,695,000

AD Id : 91447872

MLS Id : OC26199394

Beds : 4

Lot Size : 2,572 Sq. Ft

Year Built : 1949

Garage : 3

County : Orange

Subdivision: Greenslopes Lake Crk Sec 09

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Feature Features

  • Interior Features

    BuiltInFeatures, CeilingFans, CrownMolding, HighCeilings, OpenFloorplan, Pantry, PanelingWainscoting, StoneCounters, Storage
    Appliances: Barbecue, ConvectionOven, Dishwasher, Freezer, Disposal, GasRange, Microwave, Refrigerator
    Laundry Features: CommonArea, Inside, LaundryRoom
  • Heating & Cooling

    Has Heating: Yes Heating: WallFurnace Has Cooling: Yes Cooling: Electric, SeeRemarks, WallWindowUnits

  • Building Information

    Year Built: 1949
    Building Area Total: 2800
    Construction Materials: Stucco
    Stories: 2
    Pool Features: None
    Private Pool: No
  • Exterior Features

    Exterior Features: Barbecue

  • Lot Information

    Main Square Feet: 2572 Lot Size Acres: 0.059 Lot Size Source: Assessor Lot Size Square Feet: 2,572 Lot Description: TwoToFiveUnitsAcre

    Property Information

    Subdivision: Balboa Peninsula Point (BLPP) Source Property Type: ResidentialIncome Postal Code Plus 4: 1438 Property SubType: Quadruplex Levels: Two Property Age: 77

  • Listing Price Information

    Listing Price: $5695000
    Cash, CashToNewLoan

  • Tax Information

    Parcel Number: 04819108 Tax Lot: 8 Tax Block: J

  • Parking Information

    Parking Total: 3 Garage, Private, GarageFacesRear, SeeRemarks

    Garage Information

    Has Garage: Yes Garage Space: 3

  • Utility Information

    ElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected
  • Location Information

    Direction: Cross streets: E Balboa Blvd & H Street WaterSource: Public
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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 -- 2,614 Sq. Ft
700 E Oceanfront, Newport Beach, CA, 92661 $6,199,000 4 3 2,310 2,614 Sq. Ft
419 E Balboa, Newport Beach, CA, 92661 $5,385,000 6 7 3,455 3,049 Sq. Ft
126 E Balboa, Newport Beach, CA, 92661 $3,448,000 4 3 2,000 2,178 Sq. Ft
203 6th Street, Newport Beach, CA, 92661 $2,400,000 3 3 -- 2,178 Sq. Ft
1311 W Bay Avenue, Newport Beach, CA, 92661 $4,995,000 5 4 2,335 2,614 Sq. Ft

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 09/27/2026 @ 02:34

MLS: OC26199394 LISTED BY: Giovanne Helou, The Oppenheim Group 949-706-4974 SOURCE: CRMLS

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