Home | Orange County | Newport Beach | 92663 | 1527 W Balboa
MLS: CRLG26177551 | Status: Active | Price: $3,995,000
Beds/Baths: 5 / 3
Property Type: Residential
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| 5 | 3 | 2,000 | 2,561 | 1946 |
| Date | Time | Hosted By |
|---|---|---|
| Friday, August 14 | 10:00 am - 12:00 pm | Sean Jarne |
Exceptional Balboa Peninsula Duplex–Steps from the Ocean and Bay! A rare opportunity to own an income-producing duplex on one of Newport Beach’s most desirable streets, just 50 feet from the sandy beach, 100 feet from Marina park and 300 feet from the Newport pier. Perfect for owner users / investors seeking strong returns, flexible rental options, and long-term appreciation. This fully upgraded property includes two beautifully maintained units, each with its own outdoor patio, modern finishes, and private laundry. The front house (2 bedrooms | 1 bathroom) has a large elevated outdoor patio with a waist high block wall enclosing it for privacy. It is currently occupied on a month-to-month lease, providing immediate rental income with the flexibility to adjust rents or transition to short-term or seasonal rentals as desired. The Back House (owners unit) – 3 Bedrooms | 2 Bathroom | Remodeled kitchen - A bright and inviting back home featuring an open living area open to the upgraded kitchen, detached indoor laundry room, and storage area/garage with an extra parking space behind. The property also boasts a large private enclosed patio perfect for entertaining or maximizing tenant appeal—ideal for professionals, couples, or as a premium vacation rental. Both units are well
| Field | Value |
|---|---|
| MLS # | CRLG26177551 |
| MLS Source | California Regional MLS |
| Days on Site | 1 |
| Feature | Details |
|---|---|
| Bedrooms | Primary Suite/Retreat |
| Kitchen | Other |
| Appliances | Dishwasher, Microwave, Other, Oven - Gas, Oven - Self Cleaning, Oven Range - Gas, Refrigerator, Dryer, Washer |
| Dining Room | Breakfast Bar, Formal Dining Room |
| Family Room | Other |
| Fireplace | None |
| Laundry | Other |
| Cooling | Ceiling Fan, None |
| Heating | Wall Furnace |
| Feature | Details |
|---|---|
| Roof | Composition |
| Foundation | Slab |
| Pool | None |
| Style | Cottage |
| Feature | Details |
|---|---|
| Garage/Parking | Garage, Gate/Door Opener, Other, Garage: 1 Car(s) |
| Elementary District | Newport-Mesa Unified |
| High School District | Newport-Mesa Unified |
| HOA Fee | $0 |
| Zoning | r2 |
Sean Jarne
First Team Real Estate
License #: 01447010
Phone: (949) 929-8707
School data provided by GreatSchools.org
| Address | Price | Beds | Baths | Sq Ft | Status |
|---|---|---|---|---|---|
| 203 8th St | $3,595,000 | 5 | 3 | 2,446 | Active |
| 118 Emerald | $3,499,000 | 5 | 3 | 1,893 | PendingDoNotShow |
| 4802 Neptune Ave | $4,050,000 | 6 | 4 | 2,304 | Active |
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This listing information is up-to-date as of August 14, 2026. For the most current information, please contact Sean Jarne, (949) 929-8707.