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1527 W Balboa BLVDNewport Beach, CA 92663

For Sale

$3,995,000

Smart Buyer Rebate $39,950

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.

Listed by Sean Jarne

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License #01447010

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First Team Real Estate

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sean@jarnerealty.com

Last updated September 14, 2026

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Source: CRMLS #LG26177551

Listing Facts

  • TypeMulti-family
  • NeighborhoodCentral Newport Beach
  • Bedrooms5
  • Bathrooms3
  • Days on Prevu33
  • Size2,000 sqft
  • Price per sqft$1,998

Amenities

  • Private Outdoor Space
  • Washer/Dryer
  • Parking
  • Swimming Pool

Location

Mortgage Calculator

Listing History

08/13/2026
Listed by First Team Real Estate
$3,995,000
  1. 08/13/2026$3,995,000
    Listed by First Team Real Estate

Property Details for 1527 W Balboa BLVD

Association

Amenities

  • Community Features: Curbs, Fishing, Street Lights, Sidewalks

General

  • Number Of Units In Community: 1

Exterior

Construction

  • Number Of Units Total: 2
  • Property Condition: Updated/Remodeled
  • Roof: Composition
  • Stories: 2
  • Stories Total: 2
  • Structure Type: Duplex
  • Window Features: Window Coverings, Blinds, Drapes
  • Year Built: 1946
  • Architectural Style: Cottage
  • Common Walls: No Common Walls
  • Construction Materials: Concrete
  • Entry Level: 1
  • Entry Location: 1
  • Exterior Features: Barbecue

Features

  • Fencing: Block, Wood
  • Patio And Porch Features: Rear Porch, Front Porch, Patio
  • Road Frontage Type: City Street
  • View: Bay, City Lights, Park/Greenbelt, Marina, Ocean, Panoramic, Water
  • Waterfront Features: Ocean Access

Measurements

  • Lot Dimensions Source: Assessor
  • Lot Size Acres: 0.05
  • Lot Size Area: 2,561
  • Lot Size Dimensions: 10,325
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 2,561
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 04721102

Interior

Features

  • Appliances: Gas Cooktop, Gas Oven, Gas Range, Microwave, Refrigerator, Self Cleaning Oven, Dryer, Washer
  • Flooring: Wood
  • Interior Features: Breakfast Bar, Ceiling Fan(s), Crown Molding, Granite Counters, High Ceilings, Recessed Lighting

Measurements

  • Living Area: 2,000
  • Living Area Source: Estimated
  • Living Area Units: Square Feet

Rooms

  • Bathrooms Full: 3
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 5
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2

Other

Features

  • Accessibility Features: Accessible Doors, Accessible Entrance

Location

  • Tax Block: 15
  • Tax Lot: 15

Parking

Parking

  • Attached Garage: Yes
  • Garage Spaces: 1
  • Garage: Yes
  • Parking Features: Attached, Concrete, Garage, Garage Door Opener, Other, Paved, Garage Faces Rear
  • Parking Total: 1

Schools

Elementary School

  • Elementary School: Newport

High School

  • High School: Newport Harbor
  • High School District: Newport Mesa Unified

Middle or Junior School

  • Middle Or Junior School: Ensign

Utilities

Equipment

  • Electric: 220 Volts In Garage
  • Heating: Wall Furnace
  • Has Heating: Yes
  • Laundry Features: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Inside
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this multi-family home have?

There are 5 bedrooms and 3 bathrooms in this multi-family home at 1527 W Balboa BLVD.

What schools are nearby to 1527 W Balboa BLVD?

Nearby schools include the Newport Elementary School, Ensign Middle School, and Newport Harbor High School.

Does this multi-family home have parking?

Yes, there is 1 parking space available for 1527 W Balboa BLVD.

How does 1527 W Balboa BLVD compare to other multi-family homes in Central Newport Beach?

This multi-family home is listed 45% below the average price for multi-family homes in Central Newport Beach and has been on the market for 131 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 2,000 sqft.

1527 W Balboa BLVD is a 5-bedroom, 3-bath multi-family home for sale in Newport Beach CA 92663. Available on Prevu for 33 days at $3,995,000. This property features 2,000 square feet of living space, located in Central Newport Beach. The median listing price for multi-family homes in this area is $4,172,500. Nearby schools include Newport Elementary School, Ensign Middle School, and Newport Harbor High School. Additional amenities include private outdoor space, parking, swimming pool, and washer/dryer. View other multi-family home listings in Orange County.

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.