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Three-Unit Coastal Triplex

1200 W BALBOA BLVD, Newport Beach, CA 92661

For Sale
New
Contact for pricing

The property combines varied residential layouts with shared laundry and on-site parking.

Property SizeContact for details
Days on Market7

Property Features for 1200 W BALBOA BLVD

General Information

Standard status Active
Total Parking Spaces 3
Property subtype Multifamily

Units

Unit Mix 1 x 3BR/2BA, 2 x 2BR/2BA
Multifamily Units 3

Additional Details

Tenant in Place Yes

Amenities

community laundry room
shared courtyard
Listing Agency: Compass
Listed By: Brian Wollner · License CA #01889264
Source: Crexi
Added: Nov 5 Changed: Nov 8 Last Checked: Nov 10 at 9:10AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass

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Investment Insights

Based on property information with market context.

Three residences make up this Balboa Boulevard triplex. The upper-level home has three bedrooms, two bathrooms, central heating, and a deck with ocean views and partial bay views. Two additional single-level residences each offer two bedrooms and two bathrooms. A shared courtyard and community laundry room serve the property, with parking in a two-car garage and a separate carport space.

Property improvements include a newer roof, dual-pane windows, upgraded ABS drain lines, upgraded electrical panels, and ongoing termite maintenance. The residences are occupied by tenants. Nearby destinations identified for the property include Marina Park, Newport Pier, and the Balboa Fun Zone.

Key Highlights

  • Three residences: one 3‑bedroom, 2‑bathroom unit and two 2‑bedroom, 2‑bathroom units
  • Upper‑level home includes a deck with ocean views and partial bay views
  • Two‑car garage plus an additional carport space

Property Analytics

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Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

503
Businesses Nearby

Demographics for 92661, CA

3,457
Population
2,727
Households
1.3
Avg Household Size
48
Median Age
58%
College-Educated
98%
High-School Grad
0.7 sq mi
ZIP Area
4,939
Density / Sq Mi
$209,620
Median Household Income
$135,407
Median Earnings
$2,836
Median Rent
$2,000,001
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Triplexes in Orange County, CA

$546 Jul
$686 Aug
$657 Sep
$918 Oct

Properties on Market for Triplexes in Orange County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Triplex - The property combines varied residential layouts with shared laundry and on-site parking.
Where is this triplex located?
The property is located at 1200 W BALBOA BLVD Newport Beach, CA.
What is the asking price?
The asking price for this property is $3,295,000.
What are key features of this property?
This property features: Three residences: one 3‑bedroom, 2‑bathroom unit and two 2‑bedroom, 2‑bathroom units; Upper‑level home includes a deck with ocean views and partial bay views; Two‑car garage plus an additional carport space
(949) 444-3233 Call to check price and availability
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