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Duplex Residence with Fireplace
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810 W BALBOA Boulevard, Newport Beach, CA 92661

Newport Beach, CA

Property Size1,400 SF
Lot Size0.07 Acres
Price / SF$3.93
Days on Market11

Property Features for 810 W BALBOA Boulevard

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 3
Bathrooms 2
Full bathrooms 2
Rooms Laundry Room, Bathroom 1, Bedroom 2, Bathroom 2, Kitchen, Bedroom 1, Bedroom 3
Parking features Off Street
Window features Shutters
Pets allowed Cats OK, Yes, Number Limit, Dogs OK
Interior features Quartz Counters, Ceiling Fan(s), Recessed Lighting, Stone Counters
Fireplace 1
Appliances Microwave, Refrigerator, Tankless Water Heater, Water Softener, Range Hood, Gas Range, Water Line to Refrigerator, Gas Oven, Dishwasher
Subdivision Balboa Peninsula (Residential) (BALP)
Lot features 2-5 Units/ Acre
Elementary school Newport
Middle school Horace Ensign
High school Newport Harbor
Elementary school district Newport Mesa Unified
Middle school district Newport Mesa Unified
High school district Newport Mesa Unified
Directions Head south on Balboa, between 8th and 9th on bay side.
Standard status Active
APN 04727425
Size 1,400 SF
Lot size 0.07 Acres

Utilities

Sewer type Public Sewer
Heating system Forced Air, Natural Gas, Central
Cooling system Central Air, Electric
Water source Public

Building Details

Year built 1972
Floors in Building 1
Number of units 2
Flooring type Vinyl
Listing Agency: eXp Realty of California Inc
Listed By: Yen Vu · License #02158138
Added: Oct 7 Changed: Oct 14 Last Checked: Oct 17 at 2:06PM
MLS# OC26218748

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.

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Investment Insights

Based on property information with market context.

This lower-level duplex residence offers 1,400 square feet with three bedrooms and two bathrooms. Interior updates include new flooring, refreshed bathrooms, and a modern kitchen with stainless-steel appliances. The living area has a fireplace, while central air conditioning and forced-air heating provide year-round climate control. The property was built in 1972 and occupies a 0.07-acre lot.

The residence is in Newport Beach, with the beach, boardwalk, Balboa Pier, and Balboa Fun Zone described as steps away. Off-street parking is available. Public water and sewer serve the property.

Key Highlights

  • Lower‑level unit in a duplex with 3 bedrooms and 2 bathrooms
  • 1,400 square feet of interior space
  • 0.07‑acre lot

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$26,722
Suggested Prices Based on Cap Rates
Cap Rate 5%
$534,440 $534.4K
Cap Rate 7%
$381,743 $381.7K
Cap Rate 9%
$296,911 $296.9K
Market Conditions
NOI Build-Up for 1,400 SF
Gross rent
$50.4K $36.00/SF
− Vacancy
−$1.8K −$1.30/SF
EGI
$48.6K $34.70/SF
− OpEx
−$21.9K −$15.62/SF
NOI
$26.7K $19.09/SF
Area
Orange County, CA
Vacancy
3.60%
Lease Rate
$36.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$534,440
Cap Rate 7%
$381,743
Cap Rate 9%
$296,911

Alternative Uses

Best Use
Apartment 5plus
$381.7K
$334.0K – $445.4K (±1% cap)
NOI $26,722 @ 7.0% cap · market cap 485.85%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$470.2K
$411.5K – $548.6K (±1% cap)
NOI $32,916 @ 7.0% cap · market cap 598.47%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Residential income properties

Suggested Use

Top Pick Auto Repair Shop HVAC Service Auto Parts Store Barber Shop Plumbing Service Garden Center

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

524
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Frequently Asked Questions

What type of property is this?
Residential income property - The three-bedroom, two-bathroom layout includes updated bathrooms, a modern kitchen, and off-street parking.
Where is this residential income property located?
The property is located at 810 W BALBOA Boulevard Newport Beach, CA.
What are key features of this property?
This property features: Lower‑level unit in a duplex with 3 bedrooms and 2 bathrooms; 1,400 square feet of interior space; 0.07‑acre lot
More about this property
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