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Waterfront Residential Income Property
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215 E Edgewater, Newport Beach, CA 92661

Newport Beach, CA

Property Size1,183 SF
Lot Size0.04 Acres
Price / SF$10.82
Days on Market97

Property Features for 215 E Edgewater

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 2
Bathrooms 2
Full bathrooms 2
Rooms Kitchen, Bedroom 1, Bedroom 2, Bathroom 2, Bathroom 1, Laundry Room
Parking 1
Pets allowed Call
Fireplace 1
Subdivision Balboa Peninsula (Residential) (BALP)
Lot features 0-1 Unit/ Acre
View Ocean
Elementary school district Newport Mesa Unified
Middle school district Newport Mesa Unified
High school district Newport Mesa Unified
Directions Balboa Blvd to Coronado to Bay
Standard status Active
APN 04810208
Size 1,183 SF
Lot size 0.04 Acres

Utilities

Sewer type Public Sewer
Water source Public

Amenities

covered deck
bicycles
storage racks

Building Details

Year built 1947
Floors in Building 2
Number of units 1
Listing Agency: Arbor Real Estate
Listed By: Shelly Angel · License #02147705
Added: Jun 1 Changed: Sep 3 Last Checked: Sep 5 at 1:06AM
MLS# NP26133778

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 1,183-square-foot waterfront residence on Balboa Peninsula offers two bedrooms, two bathrooms, and a separate office room. The home was completely remodeled and includes new appliances, full furnishings, a fireplace, and a covered deck oriented toward the sandy beach and bay. A private elevator connects the upper-level living area directly with the garage.

The property includes one garage parking space, bicycle storage, and racks. Public water and public sewer serve the residence. Built in 1947, the home combines a defined residential layout with updated interior improvements and direct waterfront positioning in Newport Beach.

Key Highlights

  • 1,183‑square‑foot waterfront residence on Balboa Peninsula
  • Two bedrooms, two bathrooms, and a separate office room
  • Completely remodeled with new appliances and full furnishings

Property Analytics

Current Use

Residential income properties

Suggested Use

Top Pick Daycare Center Auto Repair Shop HVAC Service (Bike/Boat/Book/etc) Store Auto Parts Store Plumbing 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

1
Residential units

Location Intelligence

Trade Area within ½ mile

664
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential income property - Remodeled two-bedroom home with office, covered deck, and private elevator access.
Where is this residential income property located?
The property is located at 215 E Edgewater Newport Beach, CA.
What are key features of this property?
This property features: 1,183‑square‑foot waterfront residence on Balboa Peninsula; Two bedrooms, two bathrooms, and a separate office room; Completely remodeled with new appliances and full furnishings
More about this property
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