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$3,200,000
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Property Description
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.
Full Property Details
Full Property Details for 1623 W Balboa Blvd
General
- Sold For: $3,200,000
- Status: Closed
- Type: Duplex
- Source: MRMLS
- MLS ID: NP25125414
- Added to Site: 228 day(s) ago
Interior
- Rooms/Areas: Family Room, Living Room
- Fireplace: Yes
- Fireplace(s): Primary Bedroom
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Inside
Additional Information
- Pool Description: None
Parking
- Garage: Yes
- Garage Spaces: 2
Location
- County: Orange
- Subdivision: Balboa Peninsula (Residential) (BALP)
- Driving Directions: From Newport Blvd, turn right on W Balboa Blvd, home is on right side once you pass 16th St
School Information
- School District: Newport Mesa Unified
Community
- Community Features: Biking, Curbs, Fishing, Gutters, Park, Watersports, Sidewalks, Storm Drains, Street Lights
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Structure Type: Duplex
- Common Walls: No Common Walls
- Entry Location: 2
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 3,000
- Sq. Ft. Source: Estimated
- Year Built: 1973
- Year Built Source: Estimated
Lot Features
- Property View: Bay
- Lot Size (Acres): 0.06
- Lot Size Source: Assessor
- Lot Description: 2-5 Units/Acre
Financial Considerations
- Price Per Sq. Ft.: $1,066.67
Disclosures and Reports
- Special Conditions: Standard
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Schools
Schools serving 1623 W Balboa Blvd
School District:Newport-Mesa Unified School District
| Name | Grades | Distance |
|---|---|---|
Newport Elementary School 1327 West Balboa Boulevard, Newport Beach, CA 92661 | K-6 | 0.2 mi |
Horace Ensign Intermediate School 2000 Cliff Drive, Newport Beach, CA 92663 | 7-8 | 0.9 mi |
Newport Harbor High School 600 Irvine Avenue, Newport Beach, CA 92663 | 9-12 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1623 W Balboa Blvd
Date
Details
Price
Change
Source
7/22/2025
Sold
$3,200,000
-3%
MLS
6/04/2025
Listed
$3,299,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1623 W Balboa Boulevard, Newport Beach, CA 92663 (MLS# NP25125414) is a Duplex property that was sold at $3,200,000 on July 22, 2025. This property was listed by Branden Fella from our Newport Beach Office.Want to learn more about 1623 W Balboa Boulevard? Do you have questions about finding other Duplex real estate for sale in Newport Beach? You can browse all Newport Beach real estate or contact a Coldwell Banker agent to request more information.


