#OC25094742, Jason Oppenheim, Listing office: The Oppenheim Group

1623 W Balboa Blvd Newport Beach, CA 92663
Property details
About 1623 W Balboa Blvd
Investor opportunity in prime Balboa Peninsula location. Situated directly across from Marina Park and the iconic Lighthouse Café, this duplex offers an unbeatable coastal lifestyle and excellent income potential. The property features two spacious units—each with 2 bedrooms and 2 bathrooms. The lower unit is currently leased to a long-term tenant, providing immediate rental income, while the upper unit is vacant and ready for your personal updates. Enjoy a bay view from the upstairs living area, along with the convenience of a two-car garage. Whether you’re looking to remodel and maximize value or hold as a rental investment, this is a rare chance to own in one of the best spots on the Peninsula.
Highlights
Summary
- Interior: Balcony, Pantry, Storage, Track Lighting, Bedroom on Main Level, Primary Suite
- Fireplace: Primary Bedroom
- Garage Space: 2 spaces
- Private Pool: No
- Heating: Central
- Cooling: Central Air
- List Price: $3,299,000
- HOA Amount: $0
- Annual Tax Amount: $20,597
- Tax Year: 2024
- Directions: From Newport Blvd, turn right on W Balboa Blvd, home is on right side once you pass 16th St
- Year Built: 1973
- Stories: 2
- Lot Size: 0.06 Acres
- MLS Number: NP25125329
- MLS Name: CRMLS
- Office Name: Coldwell Banker Realty
- Office Phone: (949) 533-7500
- Listing Agent: Branden Fella
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: 6/6/2025, 7:45:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$3,299,000
1623 W Balboa Blvd
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Price information
Property sales
Date | Event | Price |
---|---|---|
Sep 21, 2006 | Home Sold | $1,300,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $1,905,105 | $20,597 |
2023 | $1,867,750 | $20,112 |
2022 | $1,831,128 | $19,776 |
2021 | $1,795,224 | $19,398 |
2020 | $1,776,817 | $19,208 |
2019 | $1,741,978 | $18,441 |
2018 | $1,707,822 | $18,441 |
2017 | $1,674,336 | $18,116 |
History based on county public records data.
Nearby schools
8
Newport Elementary School
Public District KG-6
0.3 mi
•1327 W Balboa Blvd
7
Newport Heights Elementary School
Public District KG-6
1.4 mi
•300 E 15th St
7
Mariners Elementary School
Public District KG-6
2.0 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. Residents of Newport Beach, CA typically earn between $35k-100k each year. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.
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Frequently asked questions
About 1623 W Balboa Blvd
The listing price of 1623 W Balboa Blvd property is $3,299,000.
The property 1623 W Balboa Blvd is a multi located in Newport Beach, California, 92663.
Active Listing: 1623 W Balboa Blvd is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1623 W Balboa Blvd are: Newport Elementary School (GreatSchools Rating 8/10), Newport Heights Elementary School (GreatSchools Rating 7/10), Mariners Elementary School (GreatSchools Rating 7/10), Horace Ensign Intermediate School (GreatSchools Rating 8/10), Isaac L. Sowers Middle School (GreatSchools Rating 7/10), Charles W. Tewinkle Middle School (GreatSchools Rating 4/10), Newport Harbor High School (GreatSchools Rating 7/10), Corona Del Mar Middle and High School (GreatSchools Rating 8/10), Estancia High School (GreatSchools Rating 6/10).
According to the records, the last property tax for 2024 is $20,597 (source: MLS/based on county public records data).
The last sale was on September 21, 2006 for $1,300,000 (source: MLS/tax record).
The year of construction for 1623 W Balboa Blvd is 1973.
This home is located at 1623 W Balboa Blvd in Newport Beach, CA and zip code 92663 in the Central Newport Beach neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since June 4, 2025 and is currently priced at $3,299,000.
Newport Beach, CA housing market in May 2025 saw over 14 listings sold above listed price, more than 15 sold at listed price and over 55 sold below. The inventory of homes for sale in Newport Beach, CA between April and May 2025 increased by 1.9%. In May 2025, listings were on the market for 36 days. During the same period, the median list price in this real estate market was $3,616,821.