3709 W Balboa, Newport Beach, California 92663, Newport Beach, 92663 - 2 bed, 2 bath
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Newport Beach, California 92663
Analysis of 3709 W Balboa, Newport Beach, California 92663 is currently available with a list price of $2,365,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. Located in a high-demand neighborhood within the Newport Beach Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is land value only, full reconstruction required.
Built in 1947 and described as an 'original duplex' with no renovations, this property exceeds the 50-year threshold. The listing explicitly markets the property for its 'redevelopment' potential and 'land value,' while interior photos show a severely dated kitchen with significant floor damage and original fixtures.
Elementary School: Newport Elementary School (9/10).
Situated in the highly desirable West Newport - Lido area, this property offers exceptional proximity to the beach and coastal amenities, ensuring strong long-term land value.
The R-2 zoned lot provides a premier opportunity for builders or investors to capitalize on the high-demand Newport Beach market by developing a modern multi-unit residence.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 600, other record living area = 817.
The 1947 structure is sold in 'as-is' condition with no seller repairs, requiring a buyer prepared for a total teardown or extensive capital improvement.
With only 600 square feet of living space across two units, the current improvements offer very limited functional utility relative to the multi-million dollar asking price.
Original duplex on R-2 lot 25 X 90. Each unit 1 bed 1 bath with detached garage. Property sold "as is" seller will do no repairs. Trust sale and agent is related to Trustee. Priced to sell. Please have all buyers confirm with the City of Newport Beach Building to determine what can be done prior to writing an offer. Prime Peninsula location with strong future potential for building or redevelopment. Small 6 gallon view of ocean from the back.
No exterior & parking available.
Grades K-6 • 1.1 mi
Grades PK-6 • 1.2 mi
Grades 7-8 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 5.0 |
| Baths | 2.0 | 4.0 |
| Square foot | 600 | 2,174.5 |
| Lot Size | 2,230 | 2,614 |
| Price | $2.37M | $3.35M |
| Price per sq ft | $3.9K | $1.7K |
| Built year | 1947 | 1964 |
| HOA | $0 | $0 |
| Days on market | 7 | 125 |
Jul 15, 2026
$2,365,000
Initial Listing