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1527 West Balboa, Newport Beach, CA 92663

$4.00M0ba · 2,000 sqft
Lot 2,561 sqft•Duplex•
Active
•77d on market•MLS# LG-26166425

Property Description

Listen to the waves crash from your bedroom in this rare to the market beach-close duplex located just one home from the sand, offering an exceptional opportunity for owner occupants, investors, those looking for a vacation house, or those seeking a coastal retreat with income potential. This fully upgraded property features two separate well maintained residences. First a charming front cottage with 2 bedrooms and 1 bathroom. The second unit is an fully upgraded owners home containing 3 bedrooms and 2 bathrooms, complete with New LVP luxury flooring downstairs, new white oak flooring upstairs, the upstairs bathroom is brand new, and the entire property is newly painted. A one-car garage provides convenient parking and storage and a second uncovered parking spot is available in the rear of the property. Both units will rent for top dollar, or keep one for your own use and rent the other for some extra income. These features make 1527 W. Balboa truly one to see! The home is in one of the most desirable locations on the Peninsula, walk west and you are on the beach, walk east and you will find Newport Bay. Also directly across the street you’ll find the marina and Marina Park (perfect for young families), complete with the lighthouse restaurant and its iconic lighthouse, creating picturesque bay views from the property. Enjoy an unbeatable location where both the beach and bay are just steps away, with endless opportunities for boating, paddle boarding, dining, and the quintessential Newport Beach lifestyle.

Features & Amenities

FeeBuilt 1946

Property Details

Land Type
Fee
Year Built
1946
Property Type
Residential Income
Property Subtype
Duplex
Parking Spaces
1
Garage Spaces
1
Heating
Wall Furnace
View
Landmark, Peek-A-Boo, Panoramic, Ocean, Water, White Water, Bay
Flooring
Wood
Roof
Shingle, Composition
City
Newport Beach
Zip Code
92663
County
Orange
Listed byUnknown Office, Sean Jarne

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$20,200.89
Principal & Interest
Loan Amount
$3,196,000
Total Interest
$4,076,322
Total Payment Over 30 Years
$7,272,322
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

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