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Balboa Peninsula Point Duplex
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1613 E Balboa, Newport Beach, CA 92661

Charming duplex near beach and bay in Newport Beach.

Days on Market146

Property Features for 1613 E Balboa

General Information

Standard status Active
Property subtype Multifamily
Listing Agency: STEVEN M BROWN & ASSOCIATES
Listed By: Steven Brown · License #00460947
Source: Crexi
Added: Mar 10 Changed: Jul 10 Last Checked: Aug 1 at 6:08PM

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 STEVEN M BROWN & ASSOCIATES

Investment Insights

Based on property information with market context.

Located in a desirable area of Newport Beach, near the beach and bay, the property at 1613 E Balboa Blvd is a duplex on Balboa Peninsula Point. The well-maintained property features two units, each with 2 bedrooms and 1 bathroom. The property is currently leased to a single tenant with a long-term rental history. Both units have been upgraded with new flooring, fresh paint, updated countertops, cabinetry, appliances, and modern lighting fixtures. The lower unit includes a private, spacious front patio with landscaping. A Dutch door opens to a living room with a fireplace, dining area, and breakfast bar adjacent to the kitchen. The upper unit offers an open floor plan with vaulted ceilings in the living room, a fireplace, dining area, and breakfast bar off the kitchen. Outdoor living is available with a sun-filled deck off the living room, along with a rear deck accessible from both bedrooms. A shared laundry room serves both units and is accessed from the side walkway near the garages. This is an income-producing property in a coastal location.

Key Highlights

  • Prime location: Steps from both the beach and the bay on the Balboa Peninsula Point in Newport Beach.
  • Income‑producing duplex with a long‑term rental history.
  • Two spacious units, each with 2 bedrooms and 1 bathroom.

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.

Location Intelligence

Trade Area within ½ mile

529
Businesses Nearby

Demographics for 92661, CA

3,457
Population
2,727
Households
1.3
Avg Household Size
48
Median Age
58%
College-Educated
98%
High-School Grad
0.7 sq mi
ZIP Area
4,939
Density / Sq Mi
$209,620
Median Household Income
$135,407
Median Earnings
$2,836
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 - Charming duplex near beach and bay in Newport Beach.
Where is this duplex located?
The property is located at 1613 E Balboa Newport Beach, CA.
What is the asking price?
The asking price for this property is $3,495,000.
What are key features of this property?
This property features: Prime location: Steps from both the beach and the bay on the Balboa Peninsula Point in Newport Beach.; Income‑producing duplex with a long‑term rental history.; Two spacious units, each with 2 bedrooms and 1 bathroom.
(949) 622-0417 Call to check price and availability
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