1825 W Balboa, Newport Beach, California 92663, Newport Beach, 92663 - 4 bed, 3 bath
ACTIVE$3,399,000
1825 W Balboa, Newport Beach, California 92663
4Beds
3Baths
1,877Sqft
2,601Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Exceptional Location: Situated just one house away from the surf, sand, and boardwalk with no streets to cross, and only one block from the pier, park, and back bay, offering unparalleled beach access and lifestyle.
Top Cons:
Age of Structure: Built in 1928, despite recent upgrades, the underlying older construction may present potential for unforeseen structural or infrastructure issues not covered by the renovations.
Compared to the nearby listings
Price:$3.40M vs avg $3.20M (+$199,000)60%
Size:1,877 sqft vs avg 2,390 sqft24%
Price/sqft:$1.8K vs avg $1.5K76%
More Insights
Built in 1928 (97 years old).
Condition: Despite being built in 1928, the property has undergone extensive and recent renovations across all three units. The listing explicitly states 'new kitchens, bathrooms, flooring, plumbing, roof,' which is strongly supported by the images. The kitchens feature modern white shaker cabinets, light countertops, and new stainless steel appliances. Bathrooms are updated with contemporary vanities and tiling. Flooring is primarily modern LVP, with some clean, well-maintained patterned carpet in bedrooms. All components appear new or virtually new, meeting current quality standards and presenting in move-in ready condition.
Year Built
1928
Close
-
List price
$3.4M
Original List price
$3.4M
Price/Sqft
$1,811
HOA
-
Days on market
-
Sold On
-
MLS number
NP25131457
Home ConditionExcellent
Features
Good View: Peek-A-Boo
Patio
ViewPeek-A-Boo
About this home
3 Legal non-conforming triplex with short term permits. 2/1, 1/1, 1/1 all with their own washer and dryer. All units have been upgraded with new kitchens, bathrooms, flooring, plumbing, roof and in move-in condition should you elect not to use the short term lodging permits. One car garage with two additional parking spaces. Located just one house away from the surf, sand and board walk. No streets to cross to get the beach making it a lot safer. The pier, park, back bay is just one block away making the location ideal for may uses.
Condition Rating
Excellent
Despite being built in 1928, the property has undergone extensive and recent renovations across all three units. The listing explicitly states 'new kitchens, bathrooms, flooring, plumbing, roof,' which is strongly supported by the images. The kitchens feature modern white shaker cabinets, light countertops, and new stainless steel appliances. Bathrooms are updated with contemporary vanities and tiling. Flooring is primarily modern LVP, with some clean, well-maintained patterned carpet in bedrooms. All components appear new or virtually new, meeting current quality standards and presenting in move-in ready condition.
Pros & Cons
Pros
Exceptional Location: Situated just one house away from the surf, sand, and boardwalk with no streets to cross, and only one block from the pier, park, and back bay, offering unparalleled beach access and lifestyle.
Strong Income Potential: A legal non-conforming triplex with short-term rental permits, providing significant potential for rental income in a highly desirable tourist destination.
Extensive Recent Renovations: All three units have been recently upgraded with new kitchens, bathrooms, flooring, plumbing, and a new roof, ensuring move-in ready condition and reduced immediate maintenance for the buyer.
Valuable Parking Availability: Includes a one-car garage and two additional parking spaces, a significant advantage in a densely populated beach community where parking is often scarce.
Individual Unit Convenience: Each unit is equipped with its own washer and dryer, enhancing tenant appeal and convenience, particularly for short-term renters.
Cons
Age of Structure: Built in 1928, despite recent upgrades, the underlying older construction may present potential for unforeseen structural or infrastructure issues not covered by the renovations.
Small Lot Size: The 2601 sqft lot is relatively small, which may limit outdoor living space, landscaping options, or future expansion possibilities.
Non-Conforming Status: While legal, the 'non-conforming' nature of the triplex could imply specific regulatory limitations or restrictions on future modifications or redevelopment compared to a fully conforming property.