For Sale Multi-Family MLS# NP26196683

1733 W Balboa Boulevard

Newport Beach, CA 92663

$4,599,000

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Take the tour

About 1733 W Balboa Boulevard

Rare opportunity to own a four-unit investment property on an oversized corner lot on the ocean side of Balboa Blvd, directly across from Marina Park and just steps from the beach and surfing at The Point. Ideally positioned near Newport Pier, this exceptional Peninsula location puts the ocean, bay, boardwalk, dining, and entertainment all within easy reach.

The property features a spacious 4-bedroom, 2-bathroom unit with an active Short-Term Rental (STR) permit, offering valuable vacation rental income potential in one of Newport Beach’s most desirable coastal destinations. The remaining three units are each 2 bedrooms and 1 bathroom and are operated as long-term rentals, providing an attractive combination of short-term and stable long-term rental income.

Adding to the property’s appeal, each of the four units has its own private garage—a rare and highly desirable amenity on the Balboa Peninsula. The oversized corner lot further distinguishes the property, providing excellent presence and a setting that is increasingly difficult to find in this coveted beach community.

With Marina Park directly across the street, surfing at The Point just steps away, Newport Pier nearby, and both the ocean and bay at your doorstep, 1733 W Balboa Blvd presents a unique opportunity to acquire a four-unit Newport Beach investment combining location, income versatility, parking, and the quintessential Peninsula lifestyle.

Property details

Property

Type
Quadruplex
MLS type
Multi Family Home
Status
Active
Year built
1954
Stories
2
Living area
3,857 sqft
Price / sqft
$1,192
Lot
0.0964
Original price
$4,599,000
MLS #
NP26196683

Interior

Features
Ceiling Fan(s)
Appliances
Dishwasher, Gas Oven, Microwave, Refrigerator
Flooring
Laminate
Heating
Wall Furnace
Laundry
Common Area

Exterior & lot

Features
Parking spaces: 4
Construction
2
View
Bay, Park/Greenbelt, Ocean, Peek-A-Boo
Parking
Garage Faces Side
Garage spaces
4

Schools

District
Newport-Mesa Unified School District

Utilities

Utilities
Public Sewer, Public
Water
Public
Sewer
Public Sewer

Financial

Parcel
04720101
Special conditions
Standard

Location

Subdivision
Balboa Peninsula (Residential) (BALP)
Area
NP - Balboa Peninsula
County
Orange
Neighborhood
Central Newport
Community
0.0
Directions
South on W Balboa Blvd; property is on the beachside of street

Ask about this property

Questions on 1733 W Balboa Boulevard, Newport Beach, CA 92663, or want to see it in person?

Listed by Orlando Clarizio, White Sail Realty

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.