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The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

$4,599,000

Est. payment - /mo

4,199 Sqft Lot

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Subdivision Balboa Peninsula (Residential) (Balp)

MLS Listing ID NP26196683

HOA Y/N No

Year Built 1954

Lot Size 4,199 Sqft

Property Sub-Type Quadruplex

Property Description

Rare opportunity to own a four-unit investment property on an oversized corner lot on the ocean side of Balboa Blvd, directly across from Marina Park and just steps from the beach and surfing at The Point. Ideally positioned near Newport Pier, this exceptional Peninsula location puts the ocean, bay, boardwalk, dining, and entertainment all within easy reach.

The property features a spacious 4-bedroom, 2-bathroom unit with an active Short-Term Rental (STR) permit, offering valuable vacation rental income potential in one of Newport Beach's most desirable coastal destinations. The remaining three units are each 2 bedrooms and 1 bathroom and are operated as long-term rentals, providing an attractive combination of short-term and stable long-term rental income.

Adding to the property's appeal, each of the four units has its own private garage—a rare and highly desirable amenity on the Balboa Peninsula. The oversized corner lot further distinguishes the property, providing excellent presence and a setting that is increasingly difficult to find in this coveted beach community.

With Marina Park directly across the street, surfing at The Point just steps away, Newport Pier nearby, and both the ocean and bay at your doorstep, 1733 W Balboa Blvd presents a unique opportunity to acquire a four-unit Newport Beach investment combining location, income versatility, parking, and the quintessential Peninsula lifestyle.

Location

State CA

County Orange

Area Np - Balboa Peninsula

Interior

Interior Features Ceiling Fan(s)

Heating Wall Furnace

Cooling None

Flooring Laminate

Fireplaces Type None

Fireplace No

Appliance Dishwasher, Gas Oven, Microwave, Refrigerator

Laundry Common Area

Exterior

Parking Features Garage Faces Side

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Sidewalks

View Y/N Yes

View Bay, Park/Greenbelt, Ocean, Peek-A-Boo

Accessibility None

Total Parking Spaces 4

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Faces North

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 04720101

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Special Listing Condition Standard

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Listed by Orlando Clarizio White Sail Realty 949-392-3030, DRE #01944646

NEARBY SCHOOL & BUSINESS

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1733 W Balboa BLVD Newport Beach, CA 92663