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Upgraded Triplex with Private Laundry
For Sale
$3,448,000

126 E Balboa Blvd, Newport Beach, CA 92661

Three occupied residences provide individual climate control, updated interiors, and month-to-month tenancy.

Property SizeContact for details
Days on Market325

Property Features for 126 E Balboa Blvd

General Information

Standard status Active
Property subtype Multi Family
Occupancy 100%

Units

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

Taxes and HOA fees

Annual Taxes $28,457

Amenities

mini-split A/C
private laundry
fireplace
patio
balcony

Building Details

Year Built 1912
Listing Agency: BERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA REALTY
Listed By: VINOD DESAR · License #01899239
Source: Exitrealty
Added: Oct 14, 2025 Changed: Sep 2 Last Checked: Sep 2 at 6:18PM

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 BERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA REALTY

Investment Insights

Based on property information with market context.

Built in 1912, this upgraded triplex comprises a two-bedroom front residence, an upper one-bedroom unit with loft/office, and a lower one-bedroom unit. The front home includes a fireplace, updated kitchen, detached indoor laundry, and storage. The upper unit offers a modern kitchen, in-unit laundry, private balcony, and a peek-a-boo ocean view. The lower residence includes an updated kitchen and living area, with laundry in the attached garage. Each unit has a mini-split A/C system, and all three are occupied under month-to-month leases.

The property is located at 126 E Balboa Blvd in Newport Beach, 250 feet from the sandy beach, 500 feet from the Newport pier, and 700 feet from the Newport Pavilion. Balboa Pier, Balboa Village, the Fun Zone, and the Balboa Ferry are also identified nearby. A raised front patio adds outdoor space to the property.

Key Highlights

  • Three‑unit configuration: 2‑bedroom front house, upper 1‑bedroom plus loft/office, and lower 1‑bedroom unit
  • 250 feet from the sandy beach, 500 feet from the Newport pier, and 700 feet from the Newport Pavilion
  • All three units occupied on month‑to‑month leases

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Daycare Center HVAC Service (Bike/Boat/Book/etc) Store Auto Parts Store Auto Repair Shop Plumbing Service

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

3
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

664
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

Market

Vacancy Rate% for Multifamily in West region

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

What type of property is this?
Triplex - Three occupied residences provide individual climate control, updated interiors, and month-to-month tenancy.
Where is this triplex located?
The property is located at 126 E Balboa Blvd Newport Beach, CA.
What is the asking price?
The asking price for this property is $3,448,000.
What are key features of this property?
This property features: Three‑unit configuration: 2‑bedroom front house, upper 1‑bedroom plus loft/office, and lower 1‑bedroom unit; 250 feet from the sandy beach, 500 feet from the Newport pier, and 700 feet from the Newport Pavilion; All three units occupied on month‑to‑month leases
More about this property
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