126 E Balboa, Newport Beach, CA 92661
126 E Balboa, Newport Beach, CA 92661
126 E Balboa, Newport Beach, CA 92661
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Listed by VINOD DESAR, DRE #01899239 • BERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA REALTY
$2,998,000
Est. payment /mo
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2,178 Sqft Lot
Price Dropped by $450K

126 E Balboa Newport Beach, CA 92661

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Adrian Chu

Adrian Chu

+1(206) 407-5452

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Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRIV25238475

Style Bungalow

Year Built 1912

Lot Size 2,178 Sqft

Property Sub-Type Triplex

Source California Regional MLS

Property Description

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 Bathroom | 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 pee

Location

State CA

County Orange

Area Np - Balboa Peninsula

Rooms

Kitchen Dishwasher, Garbage Disposal, Microwave, Other, Pantry, Oven Range - Gas, Oven - Gas

Interior

Heating Wall Furnace

Cooling Central Forced Air - Electric

Flooring Laminate

Laundry In Garage, In Laundry Room, 30, 38, Upper Floor

Exterior

Parking Features Parking Restrictions, Private / Exclusive, Garage, No Parking

Garage Spaces 1.0

Pool 31, None

View Hills, Local/Neighborhood, Ocean, Panoramic, 30

Roof Type Shingle

Building

Lot Description Grade - Level

Story One Story, Split Level

Foundation Concrete Slab

Water Other, Hot Water, District - Public

Architectural Style Bungalow

Others

Tax ID 04807216

MLS Listing IDX PLUS
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Adrian Chu

Adrian Chu

Founder & CEO

+1(206) 407-5452

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126 E Balboa