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Two-Residence Coastal Duplex

1527 W Balboa, Newport Beach, CA 92663

For Sale
$3,995,000

Newport Beach, CA

Property SizeContact for details
Lot Size0.06 Acres
Days on Market109

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 5, Bedroom 2, Bedroom 1, Bathroom 1, Bedroom 4, Bathroom 3, Laundry Room, Bedroom 3, 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, Beach Access, Ocean Access
Water front 1

Building Details

Year built 1946
Floors in Building 2
Number of units 2
Flooring type Wood
Building materials Wood Siding
Roof type Shingle, Composition
Architectural style Contemporary
Listing Agency: First Team Real Estate
Listed By: Sean Jarne · License CA #01447010
Added: Jul 30 Changed: Nov 13 Last Checked: Nov 15 at 1:06AM
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.

Rey
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Investment Insights

Based on property information with market context.

This 1946 duplex on a 0.0588-acre lot contains two separate residences: a front cottage with 2 bedrooms and 1 bathroom, and a second home with 3 bedrooms and 2 bathrooms. Updates to the larger residence include new luxury vinyl plank flooring downstairs, white oak flooring upstairs, a newly finished upstairs bathroom, and fresh paint throughout the property. A gas range and gas oven are included.

The property is one home from the sand, with the beach to the west and Newport Bay to the east. Marina Park and the marina are directly across the street. Parking includes a one-car garage and an uncovered space at the rear.

Key Highlights

  • Two separate residences: a 2‑bedroom, 1‑bath cottage and a 3‑bedroom, 2‑bath home
  • One home from the sand; Newport Bay lies to the east
  • Marina Park and the marina are directly across the street

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,755
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Duplexes in Newport Beach, CA

$1,452 Jul
$1,096 Aug
$1,210 Sep
$1,445 Oct

Properties on Market for Duplexes in Newport Beach

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?
Duplex - Two distinct homes provide a choice of owner occupancy and rental use.
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 separate residences: a 2‑bedroom, 1‑bath cottage and a 3‑bedroom, 2‑bath home; One home from the sand; Newport Bay lies to the east; Marina Park and the marina are directly across the street
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