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Updated Coastal Duplex
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313 Alvarado, Newport Beach, CA 92661

Newport Beach, CA

Property Size965 SF
Lot Size0.05 Acres
Price / SF$6.74
Days on Market16

Property Features for 313 Alvarado

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 2
Bathrooms 1
Full bathrooms 1
Rooms Laundry Room, Bedroom 2, Bathroom 1, Bedroom 1
Pets allowed Dogs OK, Cats OK, Breed Restrictions
Subdivision Balboa Peninsula (Residential) (BALP)
Lot features 0-1 Unit/ Acre
Elementary school district Newport Mesa Unified
Middle school district Newport Mesa Unified
High school district Newport Mesa Unified
Directions main cross streets are balboa blvd and coronado st
Standard status Active
APN 04810112
Size 965 SF
Lot size 0.05 Acres

Utilities

Sewer type Public Sewer
Water source Public

Amenities

chef's kitchen
spa-inspired bath
built-in bay window bench
wide-plank tile flooring
custom recessed lighting
integrated laundry alcove

Building Details

Year built 1980
Floors in Building 2
Number of units 2
Listing Agency: Balboa Island Estates
Listed By: Lucas Kinney · License #01946207
Added: Aug 14 Changed: Aug 24 Last Checked: Aug 29 at 10:06PM
MLS# PW26178530

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 965-square-foot duplex property, built in 1980, features updated interior finishes and a practical residential layout with two bedrooms, one bathroom, and a dedicated laundry room. The interior includes an open living, dining, and kitchen arrangement, wide-plank tile flooring, recessed lighting, a built-in bay window bench, and a redesigned kitchen with custom wood cabinetry, quartz countertops, a tile backsplash, stainless steel appliances, gas cooking, and a breakfast bar. The bathroom includes a glass-enclosed walk-in shower with a rain showerhead and contemporary vanity. The property is offered furnished or unfurnished.

Located at 313 Alvarado in Newport Beach’s Balboa Peninsula, the property is near bay waters, beaches, local docks, and community amenities. Public water and public sewer serve the property, providing established utility infrastructure for the existing residential use.

Key Highlights

  • 965‑square‑foot duplex property on a 0.05‑acre lot
  • Two bedrooms, one bathroom, and a dedicated laundry room
  • Updated kitchen with custom cabinetry, quartz counters, stainless steel appliances, and gas range

Property Analytics

Current Use

Duplexes

Suggested Use

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

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

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 - Compact Newport Beach property with renovated interiors, public utilities, and access to harbor and beach amenities.
Where is this duplex located?
The property is located at 313 Alvarado Newport Beach, CA.
What are key features of this property?
This property features: 965‑square‑foot duplex property on a 0.05‑acre lot; Two bedrooms, one bathroom, and a dedicated laundry room; Updated kitchen with custom cabinetry, quartz counters, stainless steel appliances, and gas range
More about this property
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