1825 W Balboa, Newport Beach, California 92663, Newport Beach, 92663 - bed, bath

1825 W Balboa, Newport Beach, California 92663 home-pic-0
ACTIVE$3,399,000
1825 W Balboa, Newport Beach, California 92663
0Bed
0Bath
2,200Sqft
2,601Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Unbeatable Beachfront Proximity: Located just one house away from the surf, sand, and boardwalk with no streets to cross, offering direct and safe beach access.
Top Cons:
Historic Property Age: Built in 1922, the property's age, despite extensive upgrades, may present unique maintenance considerations or limitations compared to newer construction.

Compared to the nearby listings

Price:$3.40M vs avg $3.20M (+$199,000)60%
Size:2,200 sqft vs avg 2,390 sqft40%
Price/sqft:$1.5K vs avg $1.5K52%

More Insights

Built in 1922 (103 years old).
Condition: Despite being built in 1922, the property has undergone extensive and recent renovations, as explicitly stated in the description ('All units have been upgraded with new kitchens, bathrooms, flooring, plumbing, roof'). The images confirm this, showcasing modern white shaker cabinets, light countertops, and stainless steel appliances in all kitchens, along with updated vanities, tiled showers, and glass enclosures in the bathrooms. The flooring is predominantly modern LVP, and the overall aesthetic is clean and contemporary. All major components appear new or virtually new, meeting current quality standards and requiring no deferred maintenance, aligning perfectly with the 'Excellent' condition criteria for a recently fully renovated property.
Year Built
1922
Close
-
List price
$3.4M
Original List price
$3.4M
Price/Sqft
$1,545
HOA
-
Days on market
-
Sold On
-
MLS number
NP25131493
Home ConditionExcellent
Features
Good View: Peek-A-Boo
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. Fully furnished. 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 1922, the property has undergone extensive and recent renovations, as explicitly stated in the description ('All units have been upgraded with new kitchens, bathrooms, flooring, plumbing, roof'). The images confirm this, showcasing modern white shaker cabinets, light countertops, and stainless steel appliances in all kitchens, along with updated vanities, tiled showers, and glass enclosures in the bathrooms. The flooring is predominantly modern LVP, and the overall aesthetic is clean and contemporary. All major components appear new or virtually new, meeting current quality standards and requiring no deferred maintenance, aligning perfectly with the 'Excellent' condition criteria for a recently fully renovated property.
Pros & Cons

Pros

Unbeatable Beachfront Proximity: Located just one house away from the surf, sand, and boardwalk with no streets to cross, offering direct and safe beach access.
High-Yield Income Potential: A legal non-conforming triplex with valuable short-term rental permits, providing significant income-generating opportunities.
Extensively Renovated & Turnkey: All units feature recent upgrades including new kitchens, bathrooms, flooring, plumbing, and roof, plus being fully furnished for immediate occupancy or rental.
Premium Parking Availability: Includes a one-car garage and two additional parking spaces, a rare and highly desirable amenity in a dense beach community.
Walkable Lifestyle & Amenities: Situated just one block from the pier, park, and back bay, offering convenient access to a wide array of recreational and entertainment options.

Cons

Historic Property Age: Built in 1922, the property's age, despite extensive upgrades, may present unique maintenance considerations or limitations compared to newer construction.
Limited Ocean View: Described as a 'Peek-A-Boo' view, it offers only partial ocean visibility, which might not meet the expectations of buyers seeking full, unobstructed oceanfront vistas in this premium location.
Non-Conforming Status: While legal and permitted for short-term rentals, its 'non-conforming' status could potentially introduce complexities for future redevelopment, financing, or specific regulatory compliance.

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