#OC25004489, Brandon McTeer, Listing office: Realty One Group West
#PW25145412·
Listing office: Ricci Realty·
Listing agent: Albert Ricci·
Listing office phone: 714-231-6058
$2,995,000 List price
217 E Balboa Blvd Newport Beach, CA 92661
0.06 acres
Multi-Family
Property details
About 217 E Balboa Blvd
2 units one house off the sand with a peek a boo view of the ocean. These 2 units (upper and lower) are licensed short-term rentals with the city of Newport Beach. Located 2 blocks from the ferry and one block from the pier, and walking distance to the fun zone! It doesn't get much better just off the sand. Occupy one and rent the other, or enjoy the income from short-term rental. The lower unit has an outdoor front patio and a 2-car garage off the alley behind the unit. The upper unit has a large front deck and a rear deck with a peak a boo view of the ocean and a 1-car garage. Both units feature a living room, dining area, open kitchen, and two large bedrooms with a full bath and shower. There is a common laundry room with a washer and dryer that are included. As a short-term rental, these units come fully furnished with all the essentials, including TVs, bedding, kitchenware, and more. You can move right in or keep it as an investment opportunity that only Newport Beach can offer. The city is no longer issuing short-term rental permits, so this is your opportunity to assume the existing permits. The schools are among the most distinguished in the county, and the weather cannot be beat!
Highlights
Home typeDuplex
HeatingWall Furnace
StatusActive
Lot size0.06 Acres
Year built1956
ParkingDoor-Multi, Garage, Garage Door Opener, Garage Faces Rear, Side By Side
MLS #PW25145412
Garage3 spaces
WaterfrontBeach
ViewOcean
Summary
- Appliances: Dishwasher, Disposal, Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator, Dryer, Washer
- Flooring Type: Carpet, Laminate
- Interior: Balcony, Ceiling Fan(s), Furnished, Open Floorplan
- Fireplace: None
- Garage Space: 3 spaces
- Private Pool: No
- Parking: Door-Multi, Garage, Garage Door Opener, Garage Faces Rear, Side By Side
- Waterfront: Beach
- View: Ocean
- Architectural Style: Traditional
- Heating: Wall Furnace
- Cooling: None
- List Price: $2,995,000
- HOA Amount: $0
- Annual Tax Amount: $22,252
- Tax Year: 2024
- Lot: Rectangular Lot
- Directions: SOUTH ON THE 55FWY TO BALBOA JUST PAST MAIN, RIFGT BEFORE THE PIER
- Year Built: 1956
- Stories: 2
- Lot Size: 0.06 Acres
- MLS Number: PW25145412
- MLS Name: CRMLS
- Office Name: Ricci Realty
- Office Phone: (714) 231-6058
- Listing Agent: Albert Ricci
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: 7/15/2025, 12:45:33 PM 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 |
|---|---|---|
| Nov 19, 2018 | Home Sold | $1,850,000 |
| Apr 22, 2013 | Home Sold | $1,150,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $2,023,243 | $22,252 |
| 2023 | $1,983,572 | $22,016 |
| 2022 | $1,944,679 | $21,568 |
| 2021 | $1,906,549 | $21,392 |
| 2020 | $1,887,000 | $21,191 |
| 2019 | $1,850,000 | $14,484 |
| 2018 | $1,244,599 | $14,484 |
| 2017 | $1,220,196 | $14,243 |
History based on county public records data.
Nearby schools
8
Newport Elementary School
Public District KG-6
0.9 mi
•1327 W Balboa Blvd
7
Newport Heights Elementary School
Public District KG-6
1.9 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 $81,301. Most Newport Beach, CA residents have annual incomes between $35k-100k. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
14%
<35k
49%
35k-100k
28%
100k-200k
9%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
66%
Single, No Kids
4%
Single, with Kids
24%
Married, No Kids
6%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
5%
<11 yrs old
3%
12-17 yrs old
30%
18-34 yrs old
43%
35-64 yrs old
19%
65+ yrs old
What do the neighbors do for fun?
Art Museums
Live Theatre
Music Concerts
Where do the neighbors shop?
Bloomingdales
H&M
Banana Republic
Where do the neighbors go to eat?
Starbucks
Boston Market
Chipotle
What do the neighbors drive?
Audi
Mercedes
Volkswagen
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 217 E Balboa Blvd
The listing price of 217 E Balboa Blvd property is $2,995,000.
The property 217 E Balboa Blvd is a multi located in Newport Beach, California, 92661.
Active Listing: 217 E Balboa Blvd is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 217 E 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), Vista Verde K-8 School (GreatSchools Rating 9/10), Isaac L. Sowers Middle School (GreatSchools Rating 7/10), Newport Harbor High School (GreatSchools Rating 7/10), Corona Del Mar Middle and High School (GreatSchools Rating 8/10), Early College High School (GreatSchools Rating 10/10).
According to the records, the last property tax for 2024 is $22,252 (source: MLS/based on county public records data).
The last sale was on November 19, 2018 for $1,850,000 (source: MLS/tax record).
The year of construction for 217 E Balboa Blvd is 1956.
This home is located at 217 E 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 July 3, 2025 and is currently priced at $2,995,000.
While more than 10 listings in Newport Beach, CA in June 2025 were sold above asking price, there were more than 18 listings sold at asking price, and more than 60 were sold below. The number of homes for sale in Newport Beach, CA increased by 3.9% between May and June 2025. The median list price of listings available in June 2025 was $3,662,500, while the average time on the real estate market was 46 days.
From Rocket Homes Real Estate and based on county public records data.