Newport Beach, CA 92663,1623 W Balboa Boulevard
Listed by Branden Fella • Coldwell Banker Realty
Bought with Frederick Espino • SoCal Realty Group
$3,200,000
Est. payment /mo
$3,299,000
3.0%
Est.Price: ?

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4 Beds
4 Baths
3,000 SqFt
SOLD DATE : 07/22/2025

Key Details

Sold Price $3,200,000

Property Type Single Family Home

Sub Type Duet

Listing Status Sold

Purchase Type For Sale

Square Footage 3,000 sqft

Price per Sqft $1,066

MLS Listing ID CRNP25125414

Sold Date 07/22/25

Bedrooms 4

Full Baths 4

HOA Y/N No

Year Built 1973

Lot Size 2,614 Sqft

Property Sub-Type Duet

Source Datashare California Regional

Property Description

Investor opportunity in prime Balboa Peninsula location. Situated directly across from Marina Park and the iconic Lighthouse Café, this duplex offers an unbeatable coastal lifestyle and excellent income potential. The property features two spacious units—each with 2 bedrooms and 2 bathrooms. The lower unit is currently leased to a long-term tenant, providing immediate rental income, while the upper unit is vacant and ready for your personal updates. Enjoy a bay view from the upstairs living area, along with the convenience of a two-car garage. Whether you’re looking to remodel and maximize value or hold as a rental investment, this is a rare chance to own in one of the best spots on the Peninsula.

Location

State CA

County Orange

Interior

Heating Central

Cooling Central Air

Fireplace No

Laundry Inside

Exterior

Garage Spaces 2.0

Pool None

View Bay

Private Pool false

Building

Lot Description Street Light(s), Storm Drain

Story 2

Water Public

Schools

School District Newport-Mesa Unified

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Bay East Association of Realtors

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Luana Pereira

Luana Pereira

+1(925) 960-3578

Agent | License ID: 01984907

Agent License ID: 01984907

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