$5,795,000

Estimated payment $34,625/month

Total Views 10,801
5 Beds
5 Baths
3,002 Sq Ft
$1,930 Price per Sq Ft

Highlights

  • Ocean View
  • Ocean Side of Highway 1
  • No HOA
  • Beach Access
  • Open Floorplan
  • Living Room Balcony

About This Home

Experience oceanfront living on the Balboa Peninsula with this duplex ideally positioned just steps from the sand in Newport Beach. Offering stunning Catalina Island, ocean, and pier views, along with coastal breezes and a highly walkable location, this property presents a rare opportunity in one of the Peninsula’s most desirable oceanfront settings.

Conveniently located near Lido Village, Newport Pier, Balboa Pier, Balboa Fun Zone, Balboa Island Ferry, waterfront dining, shopping, and local coastal attractions, this location is among the Peninsula’s closest residential neighborhoods to the ocean.

The property also offers future upside with zoning that may allow for a third level and/or mixed-use configuration, subject to city approval and buyer verification. It may also appeal to investors seeking short-term lodging opportunities, subject to required permits.

Remodeled with a new roof and updated interiors featuring modern finishes, the residence offers a flexible layout suited for personal use, rental income, or a combination of both. Large windows and sliding glass doors bring in abundant natural light while capturing water and pier views from multiple living areas. Outdoor spaces include a balcony on each level and a private rear patio designed for indoor-outdoor entertaining.

First Floor Unit: Open-concept living area with kitchen and balcony, featuring 3 bedrooms and 2 bathrooms.

Second Floor Unit: Open-concept living area with kitchen, balcony, and private rear patio, featuring 2 bedrooms and 3 bathrooms.

Each unit includes an attached garage, additional parking, indoor laundry, and storage.

Nearby amenities include surfing, paddleboarding, boating, yacht charters, biking paths, Fashion Island, Crystal Cove State Park, and the vibrant Newport Harbor lifestyle. Whether used as a second home, income property, or long-term investment, this duplex presents a rare opportunity in one of the Peninsula’s most desirable oceanfront locations.

Rear patio furniture and third-level addition shown are renderings for illustration purposes only.

Listing Agent

Edward Rodriguez

Real Broker Brokerage Phone: 949-280-8610 License #01217865 Listed on: 06/01/2026

Real Broker

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 3,049 Sq Ft Lot
  • Property fronts an alley
  • No Common Walls
  • Wood Fence
  • Level Lot

Parking

  • 2 Car Direct Access Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Rear-Facing Garage
  • Two Garage Doors
  • Driveway
  • Parking Lot

Property Views

  • Ocean
  • Coastline
  • Views of a pier
  • Panoramic

Home Design

  • Duplex
  • Entry on the 1st floor
  • Stucco

Interior Spaces

  • 3,002 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Recessed Lighting
  • Blinds
  • Family Room
  • Storage
  • Laminate Flooring

Kitchen

  • Gas Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms

Laundry

  • Laundry in unit
  • Electric Dryer Hookup

Outdoor Features

  • Beach Access
  • Waterfront with Home Across Road
  • Ocean Side of Highway 1
  • Living Room Balcony
  • Exterior Lighting

Utilities

  • Central Heating
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 7 / 22
  • Tax Tract Number 512
  • Assessor Parcel Number 04714327
  • $565 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

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

Amenities

  • Laundry Facilities

Recreation

  • Bike Trail

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

3,049 Sq Ft Lot

Parking

2

Listing Details

  • Structure Type: Duplex
  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street, Alley
  • Road Surface Type: Paved
  • Subdivision Name Other: Balboa Peninsula (Residential) (BALP)
  • View: Yes
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 04714327
  • Year Built: 1965
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 3002.00 Square Feet
  • Interior Amenities: Balcony, Living Room Balcony, Recessed Lighting, Open Floorplan, Storage
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 3
  • Total Bedrooms: 5
  • Entry Level: 1
  • Levels: Two
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 1930.38
  • Room Type: Kitchen, Family Room
  • Window Features: Blinds

Exterior Features

  • View: Coastline, Ocean, Pier, Water, Panoramic
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Covered, Paved, Direct Garage Access, Driveway, Garage Faces Rear, Parking Space, Garage - Two Door
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Natural Gas Connected, Sewer Connected, Cable Available, Electricity Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Dishwasher
  • Heating Type: Central
  • Laundry Features: Inside, Electric Dryer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Street Lights, Storm Drains, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street
  • Lot Size Sq Ft: 3049.00
  • Lot Size Acres: 0.0700

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3049.0000 Square Feet
  • Number Of Units Total: 2
  • Waterfront Features: Ocean Side Of Highway 1, Waterfront With Home Across Road, Beach Access, Ocean Side of Freeway

Tax Info

  • Tax Block: 22
  • Tax Lot: 7
  • Tax Tract Number: 512
  • TaxOtherAnnualAssessmentAmount: 565.00

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $33,291 $3,185,920 $3,009,560 $176,360
2025 $33,291 $3,123,451 $2,950,549 $172,902
2024 $32,768 $3,062,207 $2,892,695 $169,512
2023 $32,000 $3,002,164 $2,835,975 $166,189
2022 $31,469 $2,943,299 $2,780,368 $162,931
2021 $30,867 $2,885,588 $2,725,851 $159,737
2020 $30,570 $2,856,000 $2,697,900 $158,100
2019 $29,938 $2,800,000 $2,645,000 $155,000
2018 $7,404 $657,456 $502,814 $154,642
2017 $7,275 $644,565 $492,955 $151,610
2016 $7,116 $631,927 $483,289 $148,638
2015 $7,046 $622,435 $476,029 $146,406
2014 $6,882 $610,243 $466,704 $143,539
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/01/2026 06/01/26 For Sale $5,795,000 -- $1,930 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Grant Deed $2,800,000 California Title Co
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $766,650 New Conventional
Open $2,100,000 Adjustable Rate Mortgage/ARM
Closed $2,200,000 Commercial
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC26118742

California Regional Multiple Listing Service (CRMLS)

APN: 047-143-27

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