1733 W Balboa Boulevard,Newport Beach, CA 92663
Newport Beach, CA 92663
Description
Rare opportunity to own a four-unit investment property on an oversized corner lot on the ocean side of Balboa Blvd, directly across from Marina Park and just steps from the beach and surfing at The Point. Ideally positioned near Newport Pier, this exceptional Peninsula location puts the ocean, bay, boardwalk, dining, and entertainment all within easy reach. The property features a spacious 4-bedroom, 2-bathroom unit with an active Short-Term Rental (STR) permit, offering valuable vacation rental income potential in one of Newport Beach's most desirable coastal destinations. The remaining three units are each 2 bedrooms and 1 bathroom and are operated as long-term rentals, providing an attractive combination of short-term and stable long-term rental income. Adding to the property's appeal, each of the four units has its own private garage-a rare and highly desirable amenity on the Balboa Peninsula. The oversized corner lot further distinguishes the property, providing excellent presence and a setting that is increasingly difficult to find in this coveted beach community. With Marina Park directly across the street, surfing at The Point just steps away, Newport Pier nearby, and both the ocean and bay at your doorstep, 1733 W Balboa Blvd presents a unique opportunity to acquire a four-unit Newport Beach investment combining location, income versatility, parking, and the quintessential Peninsula lifestyle.
Details
| MLS # | NP26196683 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1954 |
| Days On Site | 49 |
| Listing Provided By | White Sail Realty | Orlando Clarizio |
Features
| SQ Feet | 3,857 |
|---|---|
| Garage | 4 |
| Story(s) | 2 |
| Units | 4 |
| Building(s) | 1 |
| Acreage | 0.10 |
| Property View | Yes |
Interior
| Cooling | None |
|---|---|
| Heating | Wall Furnace |
| Heating Yes / No | Yes |
| Cooling Yes / No | No |
| Interior Features | Ceiling Fans |
| Appliances | Dishwasher, Gas Oven, Microwave, Refrigerator |
| Fireplace Yes / No | No |
Exterior
| Lot Features | Zero To One Unit Acre |
|---|
Parking
| Parking Features | Garage Faces Side |
|---|---|
| Garage Yes / No | Yes |
Utilities
| Sewer | Public Sewer |
|---|
Location
| Community Features | Sidewalks |
|---|
Area Information
| State | CA |
|---|---|
| County | Orange |
| City | Newport Beach |
| Zip Code | 92663 |
| Area | NP Balboa Peninsula |
| Community Name | Balboa Peninsula (Residential) (BALP) |
| Listing VS Median (in Balboa Peninsula (Residential) (BALP)) | |
Price: $4,599,000 low | high Med: $2,050,000 sqft: 3,857 low | high Med: 1,310 $ / sqft: $1,192 low | high Med: $1,559 On site: 49 low | high Med: 104 | |
Market Activity 92663
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Learn More About This Property
| State | CA |
|---|---|
| County | Orange |
| City | Newport Beach |
| Zip Code | 92663 |
| Area | NP Balboa Peninsula |
| Community Name | Balboa Peninsula (Residential) (BALP) |
| Listing VS Median (in Balboa Peninsula (Residential) (BALP)) | |
Price: $4,599,000 low | high Med: $2,050,000 sqft: 3,857 low | high Med: 1,310 $ / sqft: $1,192 low | high Med: $1,559 On site: 49 low | high Med: 104 | |