1825 W Balboa Boulevard, Newport Beach, California 92663, Newport Beach, 92663 - bed, bath
ACTIVE$3,000,000
1825 W Balboa Boulevard, Newport Beach, California 92663
0Bed
0Bath
2,200Sqft
2,614Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Exceptional Location: Situated just steps from the surf and sand, with the pier, park, and bay only a block away, offering unparalleled beach access and lifestyle appeal without crossing any streets.
Top Cons:
Significant Square Footage Discrepancy: Conflicting square footage records from city (1,544 sqft), appraisal (2,059 sqft), and county (1,366 sqft) create uncertainty for valuation, financing, and future resale.
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 extensive and stylish renovations, as stated in the description ('new kitchens, bathrooms, flooring, plumbing, and roof'). The images confirm modern, high-quality finishes throughout, including white shaker cabinets, stainless steel appliances, light quartz countertops, and LVP flooring in the kitchens and living areas. Bathrooms feature contemporary vanities and subway tile showers. While a few minor areas show slightly older finishes (e.g., laundry room tile, one carpeted bedroom), the overall impression is of a recently and comprehensively updated property that meets current quality standards and is move-in ready, aligning with the 'excellent' criteria for a recently renovated home.
Year Built
1928
Close
-
List price
$3M
Original List price
$3M
Price/Sqft
$1,364
HOA
-
Days on market
-
Sold On
-
MLS number
NP25248167
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. Please note: City records has the square footage as 1,544 sqft, an appraisal has the square footage as 2,059 sqft, and county tax records has the square footage as 1,366.
Condition Rating
Excellent
Despite being built in 1928, the property has undergone extensive and stylish renovations, as stated in the description ('new kitchens, bathrooms, flooring, plumbing, and roof'). The images confirm modern, high-quality finishes throughout, including white shaker cabinets, stainless steel appliances, light quartz countertops, and LVP flooring in the kitchens and living areas. Bathrooms feature contemporary vanities and subway tile showers. While a few minor areas show slightly older finishes (e.g., laundry room tile, one carpeted bedroom), the overall impression is of a recently and comprehensively updated property that meets current quality standards and is move-in ready, aligning with the 'excellent' criteria for a recently renovated home.
Pros & Cons
Pros
Exceptional Location: Situated just steps from the surf and sand, with the pier, park, and bay only a block away, offering unparalleled beach access and lifestyle appeal without crossing any streets.
High Income Potential: A legal non-conforming triplex with active short-term rental permits, providing a rare and lucrative investment opportunity in a highly desirable coastal market.
Extensive Modern Upgrades: All three residences have been stylishly upgraded with new kitchens, bathrooms, flooring, plumbing, and roof, ensuring move-in readiness and minimizing immediate capital expenditures.
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 scarce.
Individual Unit Amenities: Each unit is equipped with its own washer and dryer, enhancing tenant/guest convenience and increasing rental desirability.
Cons
Significant Square Footage Discrepancy: Conflicting square footage records from city (1,544 sqft), appraisal (2,059 sqft), and county (1,366 sqft) create uncertainty for valuation, financing, and future resale.
Age of Structure: Built in 1928, despite recent upgrades, the underlying structure is nearly a century old, which may lead to higher long-term maintenance or unforeseen issues.
Non-Conforming Status Risks: While currently legal, the 'non-conforming' status could present challenges with future renovations, expansions, or potential changes in local zoning regulations.