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$3,380,000
1 Day Online

109 E Balboa Boulevard
Newport Beach, CA 92661

For Sale|Triplex|Active
0
Beds
0
Full Baths
0
Partial Baths
2,815
SqFt
$1,201
/SqFt
1959
Built
Subdivision:
Balboa Peninsula (Residential) (BALP)
County:
Orange
Listed by Greg Blake of Coldwell Banker Realty [email protected]

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

Call Now: 949.566.3224
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949.566.3224
109 E Balboa Boulevard109 E Balboa Boulevard109 E Balboa Boulevard109 E Balboa Boulevard
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Situated just one house from the boardwalk and mere blocks from the lively Balboa Village and Fun Zone, this three-story triplex offers prime coastal living and an exceptional investment opportunity. Priced at $1,200 per square foot—well below the average for comparable properties on the Balboa Peninsula—this property presents significant value. With all tenants on month-to-month leases, it’s a great redevelopment opportunity or a chance to collect steady rental income and benefit from future appreciation. Designed and built by renowned architect Svend Nielsen, the property exudes unique charm and thoughtful design. Each of the three units includes 2 bedrooms, 1 bathroom, and in-unit laundry for convenience. The second and third-floor units enjoy peek-a-boo ocean views, while all units offer private outdoor spaces, including balconies. Additional amenities include a two-car carport for the second- and third-floor units, a ground-floor private shower room, and recent upgrades such as a roof replacement in 2023, a Tesla solar system, and smart home features, including automated blinds, thermostats, and a security system—all controllable remotely. The property is professionally managed, generating stable income with the potential for future rent growth. Don’t miss this rare opportunity to invest in a prime coastal location with endless possibilities.

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Listing Snapshot
Price 
$3,380,000
Days Online 
1 Day
Bedrooms 
N/A
Inside Area (SqFt) 
2,815 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.05 Acres
Year Built 
1959
MLS® Number 
NP24177675
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
yesterdayListing first seen online
2 weeks agoListing updated with changes from the MLS®
General Features
Acres 
0.05
Carport 
2
Number Of Stories 
3
Parking 
Carport
Parking Spaces 
2
Property Sub Type 
Triplex
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
2815
Stories 
Three Or More
Utilities 
Cable AvailableElectricity AvailableNatural Gas AvailablePhone AvailableSewer ConnectedWater Connected
Water Source 
Public
Interior Features
Appliances 
DishwasherElectric Cooktop
Cooling 
Ceiling Fan(s)None
Fireplace Features 
Living Room
Flooring 
Laminate
Heating 
Fireplace(s)Wall Furnace
Interior 
Ceiling Fan(s)
Laundry Features 
Inside
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Exterior Features
Exterior 
Balcony
Pool Features 
None
Spa Features 
None
View 
NeighborhoodOcean
Waterview 
NeighborhoodOcean
Community Features
Community Features 
Street LightsSidewalks
Financing Terms Available 
Cash
MLS Area 
NP - Balboa Peninsula


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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