$3,299,000

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
StatusActive
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

IDX 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.

Get an agent. Get a mortgage. Save big.¹

1623 W Balboa Blvd, Newport Beach, CA 92663 - view of property with a residential view

$3,299,000

1623 W Balboa Blvd

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Sep 21, 2006
Home Sold
$1,300,000

Tax history

YearAssessmentProperty 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.

All data from GreatSchools

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.

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 MuseumsArt Museums
  • Music ConcertsMusic Concerts
  • Live TheatreLive Theatre

Where do the neighbors shop?

  • BloomingdalesBloomingdales
  • H&MH&M
  • Banana RepublicBanana Republic

Where do the neighbors go to eat?

  • StarbucksStarbucks
  • ChipotleChipotle
  • Boston MarketBoston Market

What do the neighbors drive?

  • AudiAudi
  • VolkswagenVolkswagen
  • MercedesMercedes

What do the neighbors listen to?

  • NewsNews
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • JazzJazz
All data provided by Home Junction and Claritas

Similar homes for sale

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.

From Rocket Homes Real Estate and based on county public records data.

More resources