2 days on Rocket
#NP25069687, Karly Brown, Listing Office: Karly Brown, Broker
#NP25068186·
Listing office: Karly Brown, Broker·
Listing agent: Karly Brown·
Listing office phone: 949-355-8006
$3,100,000 List price
1209 W Balboa Blvd Newport Beach, CA 92661
0.07 acres
Multi-Family
Property details
About 1209 W Balboa Blvd
Outstanding investment opportunity for the buyer with a vision. Just one house to the beach and very close to all the Balboa Peninsula offers. This two story triplex offers exceptional long term rental income, close proximity to the oceanfront and plenty of parking/garage space for all units. Tenants enjoy the use of the laundry room, relaxing areas in the courtyard or front patio. This property has been upgraded over the last 5 years and can be used as rentals yearly or summer/winter rentals to maximize income stream. There are two units with 2 bedrooms and 2 bathrooms and one unit over garage is 1 bedroom and 1 bathroom. All units are currently occupied. Next door is 1213 W. Balboa and is the exact mirror of 1209. Buy one or buy both and create a development project with a high enough build to enjoy white water views year round from the upper units. The highest and best use would be stacked condo's with elevators and balconies. The city of Newport Beach has consulted with an architect on the possible future development of 1209 and 1213 W. Balboa. Hurry because this type of property sells fast in Newport Beach, Balboa Peninsula!
Highlights
Home typeTriplex
HeatingWall Furnace
StatusActive
Lot size0.07 Acres
Year built1952
ParkingAssigned, Door-Single, Garage, Garage Faces Rear, Tandem, Uncovered
MLS #NP25068186
Garage3 spaces
WaterfrontBeach
Summary
- MLS Number: NP25068186
- MLS Name: CRMLS
- Office Name: Karly Brown, Broker
- Office Phone: (949) 355-8006
- Listing Agent: Karly Brown
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 broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/15/2025, 2:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$3,100,000
1209 W Balboa Blvd
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $135,148 | $3,047 |
| 2023 | $132,499 | $3,353 |
| 2022 | $129,901 | $3,176 |
| 2021 | $127,354 | $3,421 |
| 2020 | $126,049 | $3,393 |
| 2019 | $123,578 | $3,451 |
| 2018 | $121,155 | $3,451 |
| 2017 | $118,780 | $3,413 |
History based on county public records data.
Nearby schools
8
Newport Elementary School
Public District KG-6
0.1 mi
•1327 W Balboa Blvd
7
Newport Heights Elementary School
Public District KG-6
1.5 mi
•300 E 15th St
7
Mariners Elementary School
Public District KG-6
1.9 mi
•2100 Mariners Dr
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $110,552. Most Newport Beach, CA residents have annual incomes between $35k-100k. Most families are single, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
11%
<35k
33%
35k-100k
29%
100k-200k
27%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
68%
Single, No Kids
6%
Single, with Kids
19%
Married, No Kids
7%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
6%
<11 yrs old
5%
12-17 yrs old
36%
18-34 yrs old
39%
35-64 yrs old
14%
65+ yrs old
What do the neighbors do for fun?
Art Museums
Music Concerts
Live Theatre
Where do the neighbors shop?
Bloomingdales
H&M
Banana Republic
Where do the neighbors go to eat?
Starbucks
Chipotle
Boston Market
What do the neighbors drive?
Audi
Volkswagen
Mercedes
What do the neighbors listen to?
News
Rhythmic Contemporary Hits
Jazz
All data provided by Home Junction and Claritas
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This home is located at 1209 W Balboa Blvd in Newport Beach, CA and zip code 92661 in the Central Newport Beach neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since April 12, 2025 and is currently priced at $3,100,000.
Over 14 listings were sold over their listed price in March 2025 in Newport Beach, CA. In the same period over 54 listings were sold below the listed price and 26 listings were sold for the listed price. Between February and March 2025, Newport Beach, CA real estate market has seen increase in the number of listings by 3.8%. Listings spent 43 days on the market in March 2025, and had a median list price of $3,578,461 during the same period.
From Rocket Homes Real Estate and based on county public records data.