Newport Beach, CA 92663 1623 W Balboa Boulevard
$3,299,000
47 more
Presented By: Branden Fella with Coldwell Banker Realty; 949-533-7500
Beds • 2
Baths • 2
SQFT • 3,000
Garage • 2
Year Built • 1973
Home Details
Investor opportunity in prime Balboa Peninsula location. Situated directly across from Marina Park and the iconic Lighthouse Café, this duplex offers an unbeatable coastal lifestyle and excellent income potential. The property features two spacious units—each with 2 bedrooms and 2 bathrooms. The lower unit is currently leased to a long-term tenant, providing immediate rental income, while the upper unit is vacant and ready for your personal updates. Enjoy a bay view from the upstairs living area, along with the convenience of a two-car garage. Whether you’re looking to remodel and maximize value or hold as a rental investment, this is a rare chance to own in one of the best spots on the Peninsula.
Presented By: Branden Fella with Coldwell Banker Realty; 949-533-7500
Interior Features for 1623 W Balboa Boulevard
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsNoCommonWalls
Fireplace FeaturesPrimaryBedroom
Fireplace Y/NYes
Heating Y/NYes
Interior AmenitiesBalcony, Pantry, Storage, TrackLighting, BedroomOnMainLevel, PrimarySuite
Laundry FeaturesInside
Total Stories2
Other Rooms
Entry Level1
General for 1623 W Balboa Boulevard
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityNewport Beach
Community FeaturesBiking, Curbs, Fishing, Gutters, Park, StormDrains, StreetLights, Sidewalks, WaterSports
CoolingCentralAir
CountyOrange
DirectionsFrom Newport Blvd, turn right on W Balboa Blvd, home is on right side once you pass 16th St
Electric Expense0.0
Electric On Property Y/NNo
Entry Location2
Fuel Expense0.0
Garage Spaces2.0
Garage Y/NYes
Gross Income0.0
HOANo
HOA Fee$0.0
HeatingCentral
Home Warranty Y/NNo
Insurance Expense0.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCash, CashToNewLoan
Lot Size Square Feet2614.0
Lot Size UnitsSquareFeet
MLS AreaNP - Balboa Peninsula
MobileHomeRemainsYNNo
Net Operating Income0.0
New ConstructionNo
Number Of Units Total2
Operating Expense0.0
Pool FeaturesNone
Property Attached Y/NNo
Property Sub Type AdditionalDuplex
Property SubtypeDuplex
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Subdivision NameBalboa Peninsula (Residential) (BALP)
Tax Lot18
Trash Expense0.0
UtilitiesCableAvailable
Water Sewer Expense0.0
Year Built1973
Year Built SourceEstimated
Exterior for 1623 W Balboa Boulevard
Building Area Total3000.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesTwoToFiveUnitsAcre
Lot Size Acres0.06
Lot Size Area2614.0
Lot Size SourceEstimated
Number of Buildings1
Number of Separate Electric Meters2
Number of Separate Gas Meters2
Number of Separate Water Meters2
Open Parking Y/NNo
Private PoolNo
SpaNo
Total Parking2.0
Water SourcePrivate
WaterfrontY/NNo
Additional Details
Price History
Alexandra Eston
Sales Associate
Price
$3,299,000
MLS#NP25125329
List Date
06/04/2025
Property Type
Multi-Family
Phone
(562) 537-4182
