#NP25131457, Wayne Smith, Listing office: Corona Del Mar Properties Inc
#NP25125329·
Listing office: Coldwell Banker Realty·
Listing agent: Branden Fella·
Listing office phone: 949-533-7500
$3,299,000 List price
1623 W Balboa Blvd Newport Beach, CA 92663
0.06 acres
Multi-Family
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
Home typeDuplex
HeatingCentral
StatusAccepting Backup Offers
(Active Under Contract)
(Active Under Contract)
CoolingCentral Air
Lot size0.06 Acres
Year built1973
MLS #NP25125329
Garage2 spaces
FireplacePrimary Bedroom
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: 7/16/2025, 9:45:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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. Most Newport Beach, CA residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. 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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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.
Accepting Backup Offers: 1623 W Balboa Blvd is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
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.
In June 2025, from all listings sold in Newport Beach, CA there were more than 10 sold above asking price, over 60 sold below and more than 18 were sold right at the asked price. Between May and June 2025, Newport Beach, CA real estate market has seen increase in the number of listings by 3.9%. Listings spent 46 days on the market in June 2025, and had a median list price of $3,662,500 during the same period.
From Rocket Homes Real Estate and based on county public records data.