1825 W Balboa Boulevard, Newport Beach, California 92663, Newport Beach, 92663 - 4 bed, 3 bath
ACTIVE$3,000,000
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:
Exceptional Coastal Location: The property is located 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 unparalleled lifestyle and rental appeal in Newport Beach.
Top Cons:
Historic Property Age: Built in 1928, the property's age, despite recent upgrades, may present potential for underlying structural or infrastructure issues not explicitly covered by the renovations.
Compared to the nearby listings
Price:$3.00M vs avg $3.17M ($-165,000)40%
Size:2,200 sqft vs avg 2,390 sqft40%
Price/sqft:$1.4K vs avg $1.5K32%
More Insights
Built in 1928 (97 years old).
Condition: Despite being built in 1928, the property has undergone an extensive and stylish renovation, as confirmed by the MLS description stating 'new kitchens, bathrooms, flooring, plumbing, and roof.' The images showcase modern white shaker cabinets, light countertops, stainless steel appliances, contemporary LVP flooring throughout, and updated bathrooms with modern vanities, tiling, and fixtures. All visible components appear new or virtually new, meeting current quality standards with no deferred maintenance.
Year Built
1928
Close
-
List price
$3M
Original List price
$3M
Price/Sqft
$1,364
HOA
-
Days on market
-
Sold On
-
MLS number
NP25247915
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 confirmed by the MLS description stating 'new kitchens, bathrooms, flooring, plumbing, and roof.' The images showcase modern white shaker cabinets, light countertops, stainless steel appliances, contemporary LVP flooring throughout, and updated bathrooms with modern vanities, tiling, and fixtures. All visible components appear new or virtually new, meeting current quality standards with no deferred maintenance.
Pros & Cons
Pros
Exceptional Coastal Location: The property is located 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 unparalleled lifestyle and rental appeal in Newport Beach.
High-Income Potential: As a legal non-conforming triplex with active short-term rental permits, this property presents a rare and lucrative investment opportunity for consistent income generation.
Extensive Modern Upgrades: All residences have been stylishly upgraded with new kitchens, bathrooms, flooring, plumbing, and a new roof, ensuring they are move-in ready and minimizing immediate capital expenditure for a new owner.
Valuable Parking Availability: The property includes a one-car garage plus two additional spaces, a significant advantage in a high-demand beach community where parking is often scarce.
Individual Unit Convenience: Each unit is equipped with its own washer and dryer, enhancing tenant/guest satisfaction and overall rental desirability.
Cons
Historic Property Age: Built in 1928, the property's age, despite recent upgrades, may present potential for underlying structural or infrastructure issues not explicitly covered by the renovations.
Legal Non-Conforming Status Implications: While currently beneficial with active STR permits, the 'legal non-conforming' status could imply limitations on future modifications, expansion, or potential regulatory risks if zoning laws change.
Limited Lot Size: The 2,614 sqft lot is relatively small for a triplex, potentially limiting outdoor living space or future development opportunities compared to properties with larger footprints.