$7,495,000
OPEN THU 11AM - 2PM

Estimated payment $44,438/month

Total Views 91
4 Beds
5 Baths
3,497 Sq Ft
$2,143 Price per Sq Ft

Highlights

  • Bay View
  • All Bedrooms Downstairs
  • 2 Car Attached Garage
  • Abraham Lincoln Elementary School Rated A
  • No HOA
  • More Than Two Accessible Exits

About This Home

Located just three doors from the Bay, this beautifully updated, oversized Balboa Island home sits on an impressive 40-foot-wide lot. Extensively remodeled with new structural steel, windows, doors, plumbing, electrical, roof, and much more, the home has been comprehensively updated throughout. A large front patio leads into a generous great room featuring a fireplace and multiple seating areas. The main living space continues into an incredible chef’s kitchen with a large center island, extensive custom cabinetry, and floating shelves, along with a one-of-a-kind dining space featuring custom built-ins. Also on the first level are a private office, full bath, and spacious interior courtyard that brings additional light and outdoor living into the center of the home. Upstairs, the expansive primary suite includes a private covered balcony, a beautifully finished bath with dual sinks, a freestanding soaking tub and walk-in shower, and a large walk-in closet. Two additional bedrooms each feature an en-suite bath, while one also opens to a large private deck. The home offers immense flexibility as one oversized residence or as a large front home with a separate JADU at the rear. Complete with its own private exterior entrance, the JADU includes a bedroom, bath, and kitchenette. Additional features include Sonos surround sound, a security camera system throughout, a two-car garage, an outdoor shower, and substantial off-street parking that allows the property to accommodate up to five or six vehicles. A portion of the side parking area may also be used as additional patio or entertaining space. Just steps from the waterfront and a short distance from the shops and restaurants of Marine Avenue, this is an exceptional opportunity to own a spacious and versatile home in the heart of Balboa Island.

Listing Agent

Ryan Gunderson

Arbor Real Estate Brokerage Email: ryan@arborrealestate.com License #01869795 Listed on: 09/15/2026

Arbor Real Estate

Open House Schedule

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1968

Lot Details

  • 3,400 Sq Ft Lot
  • No Common Walls
  • Rectangular Lot

Parking

  • 2 Car Attached Garage
  • 1 Open Parking Space
  • 3 Carport Spaces

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 3,497 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Bay Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down

Laundry

  • Laundry closet
  • Stacked Washer and Dryer

Accessible Home Design

  • More Than Two Accessible Exits

Utilities

  • Ductless Heating Or Cooling System
  • Central Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 23 / 17
  • Tax Tract Number 101
  • Assessor Parcel Number 05014233
  • $33,000 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Balboa Island Main Island Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1968

Lot Details

3,400 Sq Ft Lot

Parking

2

Listing Details

  • Structure Type: Duplex
  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Balboa Island - Main Island (BALM)
  • View: Yes
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 05014233
  • Year Built: 1968
  • Special Features: OpenHouse

Interior Features

  • Fireplace: Yes
  • Living Area: 3497.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Accessibility Features: 2+ Access Exits
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 4
  • Total Bedrooms: 4
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 2143.27
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Bay
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 3.00
  • Garage Spaces: 2.00
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Ductless, Central
  • Laundry Features: Inside, In Closet, Stackable
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Ductless
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 3400.00
  • Lot Size Acres: 0.0781

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3400.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Block: 17
  • Tax Lot: 23
  • Tax Tract Number: 101
  • TaxOtherAnnualAssessmentAmount: 33000.00

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 $34,617 $4,650,000 $4,263,346 $386,654
2025 $34,118 $2,969,090 $2,574,703 $394,387
2024 $34,118 $2,910,873 $2,524,219 $386,654
2023 $33,212 $2,853,798 $2,474,725 $379,073
2022 $29,870 $2,797,842 $2,426,201 $371,641
2021 $29,297 $2,742,983 $2,378,629 $364,354
2020 $29,011 $2,714,858 $2,354,240 $360,618
2019 $28,410 $2,661,626 $2,308,078 $353,548
2018 $27,843 $2,609,438 $2,262,822 $346,616
2017 $27,349 $2,558,273 $2,218,453 $339,820
2016 $26,734 $2,508,111 $2,174,954 $333,157
2015 $26,481 $2,470,437 $2,142,284 $328,153
2014 $25,856 $2,422,045 $2,100,320 $321,725
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 Prior Sale
09/15/2026 09/15/26 For Sale $7,495,000 +59.5% $2,143 / Sq Ft
09/30/2025 09/30/25 Sold $4,700,000 -7.8% $1,237 / Sq Ft View Prior Sale
08/25/2025 08/25/25 Pending -- -- --
07/18/2025 07/18/25 Price Changed $5,100,000 -4.7% $1,342 / Sq Ft
05/22/2025 05/22/25 For Sale $5,350,000 0.0% $1,408 / Sq Ft
09/04/2023 09/04/23 Rented $13,500 +3.9% --
08/15/2023 08/15/23 Price Changed $12,995 -13.3% $3 / Sq Ft
06/05/2023 06/05/23 For Rent $14,995 -- --
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 $4,650,000 Ticor Title
Grant Deed -- Fidelity National Title
Interfamily Deed Transfer -- --
Grant Deed -- --
Gift Deed -- --
Gift Deed -- --
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 $3,487,500 New Conventional
Previous Owner $672,900 Purchase Money Mortgage
Previous Owner $25,000 Stand Alone Second
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP26201140

California Regional Multiple Listing Service (CRMLS)

APN: 050-142-33

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