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Beach-Adjacent Duplex with Bay Views
For Sale
$3,995,000

1527 W Balboa BLVD, Newport Beach, CA 92663

Two separate residences and a one-car garage provide a flexible coastal duplex configuration.

Property SizeContact for details
Days on Market13

Property Features for 1527 W Balboa BLVD

General Information

Standard status Active
Total Parking Spaces 1
Property subtype Multi Family

Units

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

Building Details

Year Built 1946
Listing Agency: First Team Real Estate
Listed By: Sean Jarne · License #01447010
Source: Exitrealty
Added: Aug 4 Changed: Aug 15 Last Checked: Aug 15 at 4:55AM

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 First Team Real Estate

Investment Insights

Based on property information with market context.

This duplex includes two distinct residences: a front cottage with 2 bedrooms and 1 bathroom, plus a rear home with 3 bedrooms and 2 bathrooms. The rear residence has been upgraded, while a one-car garage adds parking and storage. Built in 1946, the property offers a compact two-unit configuration close to the beach.

The property is located one home from the sand, with the marina and Marina Park across W Balboa BLVD. The park includes a lighthouse, and the setting provides bay views from the property. Beach and bay access, boating, paddleboarding, and nearby dining are all identified as part of the surrounding Newport Beach context.

Key Highlights

  • Two separate residences: a 2‑bedroom, 1‑bathroom front cottage and a 3‑bedroom, 2‑bathroom rear home
  • One home from the sand with the beach and bay just steps away
  • Upgraded rear residence paired with a front cottage

Property Analytics

Current Use

Duplexes

Suggested Use

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

2
Residential units

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
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Frequently Asked Questions

What type of property is this?
Duplex - Two separate residences and a one-car garage provide a flexible coastal duplex configuration.
Where is this duplex located?
The property is located at 1527 W Balboa BLVD 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‑bathroom front cottage and a 3‑bedroom, 2‑bathroom rear home; One home from the sand with the beach and bay just steps away; Upgraded rear residence paired with a front cottage
More about this property
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