Upgraded Two-Unit
For Sale
$3,995,000
1527 W Balboa, Newport Beach, CA 92663
MULTI_FAMILY - Contemporary - Newport Beach, CA
Property SizeContact for details
Lot Size0.06 Acres
Days on Market16
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 4, Bedroom 1, Bedroom 5, Laundry Room, Bedroom 2, Bathroom 3, Bathroom 1, Bathroom 2
Parking
1
Parking features
Garage
Window features
Double Pane Windows
Appliances
Gas Range, Gas Oven
Subdivision
Other (OTHR)
Lot features
Rectangular Lot
View
Ocean, Water
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
Amenities
private laundry
outdoor patio
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
(949) 759-5747
Listed By:
Sean Jarne · License #01447010
(949) 988-3000
Added: Jul 30
Changed: Aug 13
Last Checked: Aug 14 at 4:06AM
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.
Built in 1946, this contemporary duplex contains two upgraded residences with distinct outdoor areas and private laundry facilities. The front unit offers 2 bedrooms and 1 bathroom, plus an elevated patio enclosed by a waist-high block wall. The rear residence includes 3 bedrooms and 2 bathrooms, an updated kitchen connected to an open living area, a detached indoor laundry room, and storage with a garage and an additional parking space behind. Public water and sewer serve the property, which has wood siding, wood flooring, wall-furnace heating, and composition and shingle roofing.
The property is 50 feet from the sandy beach, 100 feet from Marina Park, and 300 feet from Newport Pier. The marina and park are directly across the street, while Balboa Village, the Fun Zone, and the Balboa Ferry are nearby. Newport Elementary is 1 block away. The front residence is occupied under a month-to-month lease.
The property is 50 feet from the sandy beach, 100 feet from Marina Park, and 300 feet from Newport Pier. The marina and park are directly across the street, while Balboa Village, the Fun Zone, and the Balboa Ferry are nearby. Newport Elementary is 1 block away. The front residence is occupied under a month-to-month lease.
Key Highlights
- Two‑unit duplex on a 0.0588‑acre lot
- Front unit: 2 bedrooms, 1 bathroom, and elevated enclosed patio
- Rear unit: 3 bedrooms, 2 bathrooms, remodeled kitchen, and private patio
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,102
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Contemporary duplex with separate patios, private laundry, and flexible owner-user or rental configuration.
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‑unit duplex on a 0.0588‑acre lot; Front unit: 2 bedrooms, 1 bathroom, and elevated enclosed patio; Rear unit: 3 bedrooms, 2 bathrooms, remodeled kitchen, and private patio
