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Vintage Cottage Duplex Property
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1007 Balboa Ave., Newport Beach, CA 92662

Newport Beach, CA

Property Size924 SF
Lot Size0.03 Acres
Price / SF$4.22
Days on Market9

Property Features for 1007 Balboa Ave.

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 1
Bathrooms 1
Full bathrooms 1
Rooms Bathroom 1, Bedroom 1, Laundry Room
Patio and Porch features Deck, Porch
Pets allowed Yes
Interior features Beamed Ceilings, Ceiling Fan(s), Recessed Lighting, Brick Walls, Open Floorplan
Exterior features Lighting
Fencing Brick
Fireplace 1
Appliances 6 Burner Stove, Gas Range
Subdivision Balboa Island - Main Island (BALM)
Lot features Zero Lot Line, Level with Street, 0-1 Unit/ Acre, Near Public Transit, Park Nearby
Elementary school district Newport Mesa Unified
Middle school district Newport Mesa Unified
High school district Newport Mesa Unified
Directions Located off Jamboree from Pacific Coast Hwy. Balboa Island
Standard status Active
APN 05012225
Size 924 SF
Lot size 0.03 Acres

Utilities

Heating system Wall Furnace
Cooling system Electric
Water source Public
Water front features Ocean Access, Beach Access
Water front 1

Amenities

fireplace
outdoor patio

Building Details

Year built 1929
Floors in Building 1
Number of units 2
Flooring type Wood
Building materials Brick, Drywall Walls
Architectural style Cottage, Bungalow
Listing Agency: STEVEN M BROWN & ASSOCIATES
Listed By: Shannon Brown · License #01969252
Added: Sep 17 Changed: Sep 22 Last Checked: Sep 25 at 9:06AM
MLS# LG26204579

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 duplex property includes a 924-square-foot cottage-style residence with one bedroom, a living room, kitchen, bathroom, laundry room, outdoor patio areas, and a fireplace. The interior features an open floor plan, beamed ceilings, recessed lighting, brick walls, wood flooring, and a wall furnace. The property is furnished and includes a 6-burner stove and gas range.

Built in 1929, the property occupies 0.0262 acres at 1007 Balboa Ave. in Newport Beach. Ocean and beach access are identified among the waterfront features, while the Marine Avenue downtown district offers nearby boutiques and restaurants. Public water serves the property, which also includes a porch, deck, brick fencing, and exterior lighting.

Key Highlights

  • 924‑square‑foot property on a 0.0262‑acre lot
  • Built in 1929 with cottage and bungalow architectural styling
  • One‑bedroom layout with living room, kitchen, bathroom, and laundry room

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Barber Shop Auto Parts Store Plumbing Service Locksmith Grocery & Convenience Store Carpet & Flooring Store

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

Location Intelligence

Trade Area within ½ mile

1,320
Businesses Nearby

Demographics for 92662, CA

2,490
Population
1,869
Households
1.3
Avg Household Size
60
Median Age
68%
College-Educated
100%
High-School Grad
0.2 sq mi
ZIP Area
12,450
Density / Sq Mi
$162,045
Median Household Income
$83,322
Median Earnings
$2,736
Median Rent
$2,000,001
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Furnished residential property with an open floor plan, outdoor space, and beach access in Balboa Island’s Marine Avenue district.
Where is this duplex located?
The property is located at 1007 Balboa Ave. Newport Beach, CA.
What are key features of this property?
This property features: 924‑square‑foot property on a 0.0262‑acre lot; Built in 1929 with cottage and bungalow architectural styling; One‑bedroom layout with living room, kitchen, bathroom, and laundry room
More about this property
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