1825 W Balboa Boulevard, Newport Beach, California 92663, Newport Beach, 92663 - 4 bed, 3 bath
ACTIVE$3,200,000
1825 W Balboa Boulevard, Newport Beach, California 92663
4Beds
3Baths
2,200Sqft
2,614Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Prime Coastal Location: Situated just steps from the surf and sand, with no streets to cross to reach the beach, and the pier, park, and bay only a block away, offering unbeatable convenience and lifestyle appeal in Newport Beach.
Top Cons:
Historic Property Age: Built in 1928, the property is nearly a century old. While recently upgraded, the age of the underlying structure may lead to higher long-term maintenance costs or unforeseen issues.
Compared to the nearby listings
Price:$3.20M vs avg $3.20M (+$0)50%
Size:2,200 sqft vs avg 2,390 sqft40%
Price/sqft:$1.5K vs avg $1.5K40%
More Insights
Built in 1928 (97 years old).
Condition: Despite being built in 1928, the property has undergone an extensive and stylish renovation, as explicitly stated in the description and clearly visible in the images. The kitchens feature modern white shaker cabinets, stainless steel appliances, solid surface countertops, and contemporary backsplashes. Bathrooms are updated with modern vanities, fixtures, and tiling. Flooring is primarily new light-colored LVP/engineered wood, and lighting is mostly recessed. All major systems, including plumbing and roof, have been updated, indicating a property that is virtually new in its critical components and meets current quality standards.
Year Built
1928
Close
-
List price
$3.2M
Original List price
$3.3M
Price/Sqft
$1,455
HOA
-
Days on market
-
Sold On
-
MLS number
NP25186414
Home ConditionExcellent
Features
Good View: Neighborhood, Ocean, Peek-A-Boo
Deck
Patio
ViewNeighborhood, Ocean, Peek-A-Boo
About this home
Legal non-conforming triplex with active short-term rental permits—just steps from the surf and sand. This rare investment opportunity features a 2-bedroom/1-bath and two 1-bedroom/1-bath units, each with its own washer and dryer. All residences have been stylishly upgraded with new kitchens, bathrooms, flooring, plumbing, and roof, and are move-in ready whether used as rentals or personal retreat. Parking includes a one-car garage plus two additional spaces. With no streets to cross to reach the beach and the pier, park, and bay only a block away, the location offers unbeatable convenience and lifestyle appeal.
Condition Rating
Excellent
Despite being built in 1928, the property has undergone an extensive and stylish renovation, as explicitly stated in the description and clearly visible in the images. The kitchens feature modern white shaker cabinets, stainless steel appliances, solid surface countertops, and contemporary backsplashes. Bathrooms are updated with modern vanities, fixtures, and tiling. Flooring is primarily new light-colored LVP/engineered wood, and lighting is mostly recessed. All major systems, including plumbing and roof, have been updated, indicating a property that is virtually new in its critical components and meets current quality standards.
Pros & Cons
Pros
Prime Coastal Location: Situated just steps from the surf and sand, with no streets to cross to reach the beach, and the pier, park, and bay only a block away, offering unbeatable convenience and lifestyle appeal in Newport Beach.
Income-Generating Triplex: A legal non-conforming triplex with active short-term rental permits, providing a rare and significant investment opportunity for consistent rental income.
Extensive Recent Upgrades: All three residences have been stylishly upgraded with new kitchens, bathrooms, flooring, plumbing, and roof, ensuring they are move-in ready and reducing immediate capital expenditure for a buyer.
Valuable Parking: Includes a one-car garage plus two additional parking spaces, a significant advantage in a high-density beach community where parking is often at a premium.
Ocean View Potential: Offers 'Peek-A-Boo' ocean views, adding to the property's desirability and value in a coastal market.
Cons
Historic Property Age: Built in 1928, the property is nearly a century old. While recently upgraded, the age of the underlying structure may lead to higher long-term maintenance costs or unforeseen issues.
Legal Non-Conforming Status: The 'legal non-conforming' status, while currently allowing a triplex and STRs, could imply potential restrictions on future expansion, redevelopment, or changes if local regulations evolve.
Small Lot Size: With a lot size of 2,614 sqft for a triplex, outdoor space is limited, which might be a drawback for tenants or owners seeking more private exterior areas.