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Upgraded Duplex Near Beach
For Sale
$3,995,000

1527 W Balboa, Newport Beach, CA 92663

Newport Beach, CA

Property SizeContact for details
Lot Size0.06 Acres
Days on Market28

Property Features for 1527 W Balboa

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 5
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 3, Bedroom 5, Bedroom 2, Bedroom 4, Bathroom 2, Laundry Room, Bathroom 1, Bathroom 3, Bedroom 1
Parking 1
Parking features Garage
Window features Double Pane Windows
Appliances Gas Range, Gas Oven
Subdivision Other (OTHR)
Lot features Rectangular Lot
View Water, Ocean
Directions 16th X Balboa
Standard status Active
APN 04721102
Lot size 0.06 Acres

Utilities

Sewer type Public Sewer
Heating system Wall Furnace
Water source Public
Water front features Lake, Ocean Access, Beach Access
Water front 1

Building Details

Year built 1946
Floors in Building 2
Number of units 2
Flooring type Wood
Building materials Wood Siding
Roof type Composition, Shingle
Architectural style Contemporary
Listing Agency: First Team Real Estate
Listed By: Sean Jarne · License #01447010
Added: Jul 30 Changed: Aug 25 Last Checked: Aug 26 at 10:06PM
MLS# LG26166425

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This Newport Beach duplex includes two distinct residences on a 0.0588-acre lot. The front cottage provides 2 bedrooms and 1 bathroom, while the larger owner’s residence offers 3 bedrooms and 2 bathrooms. Recent improvements include new LVP flooring downstairs, new white oak flooring upstairs, a newly completed upstairs bathroom, and fresh paint throughout. A one-car garage and one uncovered rear parking space provide on-site parking and storage. The property was built in 1946 and includes public water and public sewer service.

Located one home from the sand, the property also sits across from the marina and Marina Park. Beach access, ocean access, boating, paddle boarding, dining, and bay views are all identified as part of the surrounding setting. The two-unit layout accommodates continued rental use, owner occupancy in one residence, or personal use of the property with the other unit rented.

Key Highlights

  • Two‑residence duplex with a 2‑bedroom, 1‑bath cottage and a 3‑bedroom, 2‑bath owner’s home
  • 0.0588‑acre lot with one‑car garage and one uncovered rear parking space
  • New LVP flooring downstairs and new white oak flooring upstairs

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Daycare Center Grocery & Convenience Store (Bike/Boat/Book/etc) Store Plumbing Service Butcher Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,755
Businesses Nearby

Demographics for 92663, CA

20,812
Population
12,348
Households
1.7
Avg Household Size
42
Median Age
64%
College-Educated
97%
High-School Grad
3.3 sq mi
ZIP Area
6,307
Density / Sq Mi
$138,271
Median Household Income
$77,157
Median Earnings
$2,717
Median Rent
$2,000,001
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two separate residences support flexible owner-occupant or rental use with beach and bay access nearby.
Where is this duplex located?
The property is located at 1527 W Balboa Newport Beach, CA.
What is the asking price?
The asking price for this property is $3,995,000.
What are key features of this property?
This property features: Two‑residence duplex with a 2‑bedroom, 1‑bath cottage and a 3‑bedroom, 2‑bath owner’s home; 0.0588‑acre lot with one‑car garage and one uncovered rear parking space; New LVP flooring downstairs and new white oak flooring upstairs
More about this property
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