About This Home

This 5-bedroom, 3-bathroom multi-family at 1527 W Balboa in Newport Beach, CA is listed for $3,995,000 ($1,998 per sqft). Built in 1946, the home offers 2,000 sqft of living space on a 0.06 acres lot.

Key Features

  • Built in 1946
  • 0.06 acre lot
  • 2 stories
  • 1 parking spaces

Property Details

2 stories
3 full
1-car garage
1946

Amenities

View
Listing Description

Listen to the waves crash from your bedroom in this rare to the market beach-close duplex located just one home from the sand, offering an exceptional opportunity for owner occupants, investors, those looking for a vacation house, or those seeking a coastal retreat with income potential.

This fully upgraded property features two separate well maintained residences. First a charming front cottage with 2 bedrooms and 1 bathroom. The second unit is an fully upgraded owners home containing 3 bedrooms and 2 bathrooms, complete with New LVP luxury flooring downstairs, new white oak flooring upstairs, the upstairs bathroom is brand new, and the entire property is newly painted.

A one-car garage provides convenient parking and storage and a second uncovered parking spot is available in the rear of the property. Both units will rent for top dollar, or keep one for your own use and rent the other for some extra income. These features make 1527 W.

Balboa truly one to see! The home is in one of the most desirable locations on the Peninsula, walk west and you are on the beach, walk east and you will find Newport Bay. Also directly across the street you'll find the marina and Marina Park (perfect for young families), complete with the lighthouse restaurant and its iconic lighthouse, creating picturesque bay views from the property.

Enjoy an unbeatable location where both the beach and bay are just steps away, with endless opportunities for boating, paddle boarding, dining, and the quintessential Newport Beach lifestyle.

Monthly Cost Estimate

$21,366/mo

20% down · 6.5% · 30 years

Principal$2,889
Interest$17,312
Insurance$1,165

Estimates only. Actual payments may vary.

Location

1527 W Balboa

Newport Beach, CA 92663

Other (OTHR)

Features & Amenities

Interior Features

Crown MoldingHigh CeilingsCeiling Fan(s)Recessed LightingGranite Counters

Exterior Features

Barbecue Private

Property Details

Flooring

Wood

Construction

Concrete

Views

CityWaterParkOceanMarina

Outdoor Features

PatioPorch

Parking

OpenCoveredGarage

Heating

Wall Furnace

Appliances

Gas CooktopMicrowaveRefrigeratorSelf Cleaning OvenGas RangeGas Oven

Questions & Answers

This 5-bedroom, 3-bathroom multi-family at 1527 W Balboa is listed at $3,995,000 ($1,998/sqft). The estimated monthly payment is $21,366 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1946, 0.06 acre lot, 2 stories, 1 parking spaces. Interior Features: Crown Molding, High Ceilings, Ceiling Fan(s). Exterior Features: Barbecue Private.

This property is listed by Sean Jarne.

SJ

Sean Jarne

License 01447010

Agent at First Team Real Estate

Listed by First Team Real Estate · Broker phone: (949) 988-3000 · Broker website

MLS# LG26177551· Source: California Regional Multiple Listing Service, Inc· 75 days on PropertySimple

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.

1527 W Balboa, Newport Beach, CA 92663

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