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Coastal Quadplex with Private Garages
New
For Sale
$4,599,000

1733 W Balboa Blvd, Newport Beach, CA 92663

Four separately garaged units combine short-term rental capability with established long-term rental use.

Property Size3,857 SF
Days on Market2

Property Features for 1733 W Balboa Blvd

General Information

Standard status Active
Size 3,857 SF
Total Parking Spaces 4
Property subtype Investment

Site & Location

Road Access Yes
Public Transit Yes

Units

Unit Mix 1 x 4BR/2BA, 3 x 2BR/1BA
Multifamily Units 4

Building Details

Building Size 3,857 SF
Year Built 1954
Buildings 1
Stories 2
Units 4
Listed By: Orlando Clarizio
Source: Elliman
Added: Sep 10 Last Checked: Sep 10 at 3:07PM

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 Orlando Clarizio

Investment Insights

Based on property information with market context.

Built in 1954, this four-unit property at 1733 W Balboa Blvd includes one 4-bedroom, 2-bathroom residence and three 2-bedroom, 1-bathroom units. The larger residence has an active Short-Term Rental permit, while the other three units operate as long-term rentals. Each unit includes its own private garage, and the property occupies an oversized corner lot.

The property is positioned on the ocean side of Balboa Blvd, directly across from Marina Park and near Newport Pier. The beach, surfing at The Point, ocean, bay, boardwalk, dining, and entertainment are all within the surrounding Peninsula setting. Walk Score is 66, Bike Score is 82, and Transit Score is 30.

Key Highlights

  • Four‑unit property with one 4‑bedroom, 2‑bathroom unit and three 2‑bedroom, 1‑bathroom units
  • Active Short‑Term Rental permit for the 4‑bedroom unit
  • Each of the four units has its own private garage

Property Analytics

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Current Use

Costa Del Sol Vacation Rental

Suggested Use

Top Pick Locksmith Grocery & Convenience Store Catering Service Daycare Center Garden Center Butcher

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

4
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,052
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

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?
Quadplex - Four separately garaged units combine short-term rental capability with established long-term rental use.
Where is this quadplex located?
The property is located at 1733 W Balboa Blvd Newport Beach, CA.
What is the asking price?
The asking price for this property is $4,599,000.
What are key features of this property?
This property features: Four‑unit property with one 4‑bedroom, 2‑bathroom unit and three 2‑bedroom, 1‑bathroom units; Active Short‑Term Rental permit for the 4‑bedroom unit; Each of the four units has its own private garage
More about this property
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