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Furnished Short-Term Rental Home
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1509 E BALBOA Boulevard, Newport Beach, CA 92661

Newport Beach, CA

Property Size1,400 SF
Lot Size0.07 Acres
Price / SF$3.57
Days on Market49

Property Features for 1509 E BALBOA Boulevard

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Great Room, Bedroom 3, Bedroom 2, Bedroom 4, Bathroom 2, Laundry Room, Bathroom 1, Bedroom 1
Parking 2
Parking features Carport, Garage, Covered
Window features Screens, Blinds, Double Pane Windows
Patio and Porch features Patio
Interior features Ceiling Fan(s), Pantry, Recessed Lighting, Open Floorplan, Granite Counters
Exterior features Barbecue Private
Appliances Gas Cooktop, Disposal, Microwave, Refrigerator, Barbecue, Gas Oven, Dishwasher
Subdivision Balboa Peninsula (Residential) (BALP)
Lot features Park Nearby, Front Yard
View Ocean
Elementary school Newport
Middle school Ensign
High school Newport Harbor
Elementary school district Newport Mesa Unified
Middle school district Newport Mesa Unified
High school district Newport Mesa Unified
Directions From 55 freeway, go south on Newport Blvd. - street becomes Balboa Blvd. - pass Newport pier and Balboa pier - at sign "Welcome to Balboa Pennisula Point" keep left - Home is black and white on the right
Standard status Active
APN 04819103
Size 1,400 SF
Lot size 0.07 Acres

Utilities

Sewer type Public Sewer
Heating system Forced Air
Water source Public
Water front features Lake, Ocean Access, Beach Access
Water front 1

Amenities

granite kitchen
stainless steel appliances
dishwasher
microwave
refrigerator
gas range/oven
distressed wood tile flooring
dual pane windows
ceiling fans
central heat
recessed lighting
inside laundry
washer/dryer
gated patio
BBQ

Building Details

Year built 2015
Floors in Building 1
Number of units 1
Flooring type Carpet, Tile
Roof type Composition
Architectural style Other
Listing Agency: First Team Real Estate
Listed By: Kristen Fowler · License #01061545
Added: Jul 15 Changed: Aug 25 Last Checked: Sep 1 at 12:06AM
MLS# PW26154569

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.

Built in 2015, this furnished ground-level residence occupies the lower level of a duplex and provides 1,400 square feet of single-story living space. The layout includes four bedrooms, two bathrooms, an open kitchen and great room, an interior laundry room, and no interior steps. Granite counters, stainless steel appliances, recessed lighting, ceiling fans, dual-pane windows, tile flooring, and forced-air heating are among the interior features. The primary bedroom includes a private bathroom with a granite vanity and shower seat, while the hall bathroom offers dual granite vanities and a tub-shower combination.

Outdoor amenities include a gated front patio with a private barbecue, an attached one-car garage, and one covered carport. The residence is located at 1509 E BALBOA Boulevard in Newport Beach, near beach and bay access and within walking distance of The Wedge. Winter rental availability is stated for September through May, with no pets or smoking permitted.

Key Highlights

  • 1,400‑square‑foot lower‑level duplex residence built in 2015
  • Four‑bedroom, two‑bathroom single‑story layout with no interior steps
  • Fully furnished residence with open kitchen, dining, and great room

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Grocery & Convenience Store Locksmith Daycare Center Garden Center Pet Grooming Service Butcher

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

1
Residential units

Location Intelligence

Trade Area within ½ mile

1,088
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
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Frequently Asked Questions

What type of property is this?
Short term rental property - Ground-level duplex residence with four bedrooms, open living areas, private outdoor space, and attached parking near the beach and bay.
Where is this short term rental property located?
The property is located at 1509 E BALBOA Boulevard Newport Beach, CA.
What are key features of this property?
This property features: 1,400‑square‑foot lower‑level duplex residence built in 2015; Four‑bedroom, two‑bathroom single‑story layout with no interior steps; Fully furnished residence with open kitchen, dining, and great room
More about this property
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