$3,500,000
UNDER CONTRACT

Estimated payment $22,148/month

Total Views 5,795
6 Beds
4 Baths
2,112 Sq Ft
$1,657 Price per Sq Ft

Highlights

  • No HOA
  • Laundry Room
  • 4-minute walk to 38th Street Park
  • Newport Elementary School Rated A
  • Front Yard

About This Home

Situated in one of the best locations in the exclusive Newport Beach Balboa peninsula. Both units have been remodeled. The lower unit features 2
bedrooms on the first floor and the master bedroom on the second floor, 2 bathrooms and a front Patio, in-unit washer dryer and 2 car garage
parking space. Upper unit Features 3 bedrooms, 2 bathrooms and a balcony and 2 car garage parking space. Both units have their own fireplaces in
the living room, Located near the beach, shops, restaurants, bike paths, and all that beach city living has to offer

Listing Agent

Shala Emdadi

Real Estate Legends USA Brokerage Phone: 949-678-7222 License #01280110 Listed on: 06/18/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1988

Lot Details

  • 2,375 Sq Ft Lot
  • No Common Walls
  • Front Yard

Parking

  • 4 Car Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 2,112 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Legal Lot and Block 15 / 132
  • Tax Tract Number 418
  • Assessor Parcel Number 42335319
  • $551 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Balboa Peninsula Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1988

Lot Details

0

Parking

4

Listing Details

  • Price Per Unit: 1750000
  • Property Attached: No
  • Subdivision Name Other: Balboa Peninsula (Residential) (BALP)
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Parcel Number: 42335319
  • Year Built: 1988
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: UnderContract

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Entry Location: Front Door
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 1657.20

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Closet
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 2375.00
  • Lot Size Acres: 0.0545

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Scheduled Income: 140400.00
  • Lot Size Area: 2375.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Block: 132
  • Tax Census Tract: 635.00
  • Tax Lot: 15
  • Tax Tract Number: 418
  • TaxOtherAnnualAssessmentAmount: 551.00

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2025 06/18/25 For Sale $3,500,000 0.0% $1,657 / Sq Ft
05/06/2024 05/06/24 Rented $5,600 0.0% --
05/05/2024 05/05/24 Under Contract -- -- --
04/16/2024 04/16/24 For Rent $5,600 0.0% --
12/01/2021 12/01/21 Sold $2,315,000 -3.3% $1,096 / Sq Ft
10/26/2021 10/26/21 Pending -- -- --
08/30/2021 08/30/21 Price Changed $2,395,000 -2.2% $1,134 / Sq Ft
07/09/2021 07/09/21 For Sale $2,450,000 0.0% $1,160 / Sq Ft
07/07/2021 07/07/21 Pending -- -- --
05/27/2021 05/27/21 For Sale $2,450,000 -- $1,160 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW25136714

California Regional Multiple Listing Service (CRMLS)

APN: 423-353-19