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Contemporary Duplex Near Beach Access
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 Market15

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 4, Bedroom 3, Bathroom 1, Bathroom 3, Bedroom 2, Bedroom 1, Laundry Room, Bedroom 5, 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 Water, Ocean
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 Beach Access, Lake, 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 Composition, Shingle
Architectural style Contemporary
Listing Agency: First Team Real Estate
Listed By: Sean Jarne · License #01447010
Added: Jul 30 Changed: Aug 13 Last Checked: Aug 13 at 3:06AM
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.

This contemporary duplex contains two separate residences with distinct configurations. The front cottage includes 2 bedrooms and 1 bathroom, while the upgraded rear home provides 3 bedrooms and 2 bathrooms. A one-car garage adds parking and storage. Wood siding, wood flooring, wall-furnace heating, gas cooking appliances, composition and shingle roofing, public water, and public sewer are identified for the property. Built in 1946, the homes are located at 1527 W Balboa in Newport Beach.

Beach access, ocean access, and lake-related waterfront features are associated with the property. The marina and Marina Park are directly across the street, with the park’s lighthouse also noted in the surrounding setting.

Key Highlights

  • Two separate residences: front cottage with 2 bedrooms and 1 bathroom; rear home with 3 bedrooms and 2 bathrooms
  • One‑car garage provides parking and storage
  • Directly across from the marina and 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

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
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Frequently Asked Questions

What type of property is this?
Duplex - Two distinct homes include a cottage and an upgraded rear residence.
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: front cottage with 2 bedrooms and 1 bathroom; rear home with 3 bedrooms and 2 bathrooms; One‑car garage provides parking and storage; Directly across from the marina and Marina Park
More about this property
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