Search
Upgraded Duplex with Private Patios
New
For Sale
$3,995,000

1527 W Balboa, Newport Beach, CA 92663

MULTI_FAMILY - Cottage - Newport Beach, CA

Property Size2,000 SF
Lot Size0.06 Acres
Price / SF$1,997
Days on Market2

Property Features for 1527 W Balboa

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning r2
Bedrooms 5
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 3, Bathroom 3, Bedroom 5, Bedroom 4, Laundry Room, Bathroom 1, Bathroom 2, Bedroom 1, Family Room, Bedroom 2
Parking 1
Parking features Open, Covered, Garage
Window features Blinds, Drapes
Patio and Porch features Porch, Patio
Interior features Crown Molding, High Ceilings, Ceiling Fan(s), Recessed Lighting, Granite Counters
Exterior features Barbecue Private
Appliances Gas Cooktop, Microwave, Refrigerator, Self Cleaning Oven, Gas Range, Gas Oven, Dishwasher
Subdivision Other (OTHR)
Lot features 0-1 Unit/ Acre
View Park, Ocean, City, Marina, Water
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 15th X Balboa
Standard status Active
APN 04721102
Size 2,000 SF
Lot size 0.06 Acres

Utilities

Sewer type Public Sewer
Heating system Wall Furnace
Water source Public

Amenities

private laundry
outdoor patio
garage
storage area

Building Details

Year built 1946
Floors in Building 2
Number of units 2
Flooring type Wood
Building materials Concrete
Roof type Composition
Architectural style Cottage
Listing Agency: First Team Real Estate
Listed By: Sean Jarne · License #01447010
Added: Aug 13 Last Checked: Aug 14 at 2:06AM
MLS# LG26177551

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 2,000-square-foot duplex contains two maintained residences on a 0.0588-acre parcel. The front unit offers two bedrooms, one bathroom, and a raised patio with an enclosed privacy wall. The rear residence includes three bedrooms, two bathrooms, an open living and kitchen area, a remodeled kitchen, indoor laundry, storage, and a garage with an additional parking space. Both units have private outdoor areas, while the property includes wood flooring, high ceilings, recessed lighting, granite counters, and a mix of open, covered, and garage parking.

The property is located at 1527 W. Balboa in Newport Beach, approximately 50 feet from the sandy beach, 100 feet from Marina Park, and 300 feet from the Newport Pier. Balboa Pier, Balboa Village, the Fun Zone, Balboa Ferry, and Newport Elementary are also identified nearby. Public water and sewer serve the property, which was built in 1946 and is zoned r2.

Key Highlights

  • 2,000‑square‑foot duplex on a 0.0588‑acre parcel
  • Two‑bedroom/one‑bath front unit and three‑bedroom/two‑bath rear residence
  • Approximately 50 feet from the sandy beach and 100 feet from Marina Park

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Daycare Center Grocery & Convenience Store (Bike/Boat/Book/etc) Store Plumbing Service Butcher Storage Facility

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

2
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,102
Businesses Nearby

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

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Duplex - Two well-maintained residences include individual laundry areas, updated finishes, and flexible occupancy potential.
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: 2,000‑square‑foot duplex on a 0.0588‑acre parcel; Two‑bedroom/one‑bath front unit and three‑bedroom/two‑bath rear residence; Approximately 50 feet from the sandy beach and 100 feet from Marina Park
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message