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Sold for $2,610,888
    • Listed by: Balboa Realty • Arthur Dorr • Contact: 949-673-7368
    Bought with: Century 21 Masters
    $2,610,888

    1114 W Balboa Blvd, Newport Beach, CA 92661

    6beds
    2,791sqft
    Quadruplex
    Built in 1949
    -- sqft lot
    $5,796,600 Zestimate®
    $935/sqft
    $7,356 Estimated rent

    Home value

    $5,796,600

    $4.64M - $7.30M

    $7,356/mo

    Zestimate® history
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    What's special

    Marina parkPopular entertainment venuesUpscale diningNewport elementary school
    Seize this incredible chance to own a vibrant residential fourplex on Balboa Blvd. in Newport Beach, CA. Nestled on the coveted Balboa Peninsula, 1114 West Balboa Boulevard is a standout 4-unit multifamily property in one of Southern California's premier coastal markets. Built in 1949, this charming property boasts a perfect blend of 2 one-bedroom units and 2 two-bedroom units. It features a convenient 2-car garage and an additional outdoor carport parking space. Ideally positioned near 11th Street, this gem is just a couple of blocks from the beach and the bay, placing you in the heart of coastal living. Enjoy easy walks to Newport Pier, Marina Park, Newport Elementary School, the Balboa Fun Zone, and a plethora of restaurants and shops. You're only steps away from Newport's world-famous beaches and the picturesque bayfront. Plus, the property is a short drive from chic boutiques, upscale dining, and popular entertainment venues across the peninsula. All units are tenant-occupied, so please schedule showings with at least 48-hour notice. Don’t miss out on this unique and lively investment opportunity in an unbeatable location.

    Zillow last checked:

    Listing updated:

    Listed by:

    Arthur Dorr DRE #01899740 9495009832,

    Balboa Realty

    Bought with:

    Yolla Zogheib, DRE #01033743

    Century 21 Masters

    Source: CRMLS,MLS#: NP24116442MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 5
    • Full bathrooms: 5
    • Main level bathrooms: 3
    • Main level bedrooms: 3
    Rooms
    • Room types: Kitchen, Laundry
    Bathroom
    • Features: Separate Shower, Tub Shower
    Kitchen
    • Features: Tile Counters
    Heating
    • Wall Furnace
    Cooling
    • None
    Appliances
    • Included: Microwave, Refrigerator
    • Laundry: In Garage
    Features
    • Tile Counters
    • Flooring: Vinyl
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 2,791 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage, Garage Faces Rear
    • Garage spaces: 2
    Accessibility
    • Accessibility features: Parking
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: 1
    • Patio & porch: Deck
    • Exterior features: Awning(s)
    • Pool features: None
    • Spa features: None
    • Fencing: None
    • Has view: Yes
    • View description: City Lights
    Lot
    • Size: 3,049 Square Feet
    • Features: Walkstreet
    Details
    • Parcel number: 04726316
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Mid-Century Modern
    • Property subtype: Quadruplex
    Materials
    • Stucco, Wood Siding
    • Foundation: Slab
    • Roof: Flat
    Condition
    • Fixer
    • New construction: No
    • Year built: 1949

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Curbs, Gutter(s), Sidewalks, Urban
    • Subdivision: Balboa Peninsula (Residential) (Balp)
    Location
    • Region: Newport Beach

    Financial & listing details

    • Price per square foot: $935/sqft
    • Tax assessed value: $2,663,105
    • Annual tax amount: $29,014
    • Date on market: 6/7/2024
    • Cumulative days on market: 3 days
    • Listing terms: Cash,Cash to New Loan,Conventional

    Price history

    DateEventPrice
    6/27/2024Sold$2,610,888+4.6%$935/sqft
    Source: CRMLS #NP24116442 Report a problem
    6/24/2024Pending sale$2,495,000$894/sqft
    Source: CRMLS #NP24116442 Report a problem
    6/11/2024Contingent$2,495,000$894/sqft
    Source: CRMLS #NP24116442 Report a problem
    6/7/2024Listed for sale$2,495,000-67.4%$894/sqft
    Source: CRMLS #NP24116442 Report a problem
    12/8/2021Listing removed--
    Source: Zillow Rental Network Premium Report a problem
    12/1/2021Price change$3,350+3.1%$1/sqft
    Source: Zillow Rental Network Premium Report a problem
    11/30/2021Price change$3,250-4.3%$1/sqft
    Source: Zillow Rental Network Premium Report a problem
    11/16/2021Listed for rent$3,395+21.5%$1/sqft
    Source: Zillow Rental Network Premium Report a problem
    10/9/2021Listing removed--
    Source: Zillow Rental Network Premium Report a problem
    10/8/2021Price change$2,795+3.7%$1/sqft
    Source: Zillow Rental Network Premium Report a problem
    10/6/2021Listed for rent$2,695$1/sqft
    Source: Zillow Rental Network Premium Report a problem
    2/4/2015Listing removed$7,650,000$2,741/sqft
    Source: HOM Sotheby's International Realty #NP14078620 Report a problem
    8/9/2014Listed for sale$7,650,000$2,741/sqft
    Source: HOM Sotheby's International Realty #NP14078620 Report a problem
    4/9/2013Listing removed$7,650,000$2,741/sqft
    Source: Brad Hinman #269551066 Report a problem
    2/1/2013Listed for sale$7,650,000-3.2%$2,741/sqft
    Source: Brad Hinman #269551066 Report a problem
    2/2/2012Listing removed$7,900,000$2,831/sqft
    Source: HOM Real Estate Group #U10003134 Report a problem
    1/18/2012Price change$7,900,000-12.2%$2,831/sqft
    Source: HOM Real Estate Group #U10003134 Report a problem
    12/18/2011Listed for sale$8,995,000$3,223/sqft
    Source: HOM Real Estate Group #U10003134 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$29,014 +790.5%$2,663,105 +1183.1%
    2024$3,258 +2.7%$207,551 +2%
    2023$3,172 +2.1%$203,482 +2%
    2022$3,105 +1.7%$199,493 +2%
    2021$3,053 +1%$195,582 +1%
    2020$3,022 $193,577 +2%
    2019$3,022 +1.4%$189,782 +2%
    2018$2,979 +3.4%$186,061 +2%
    2017$2,880 $182,413 +2%
    2016$2,880 +1.9%$178,837 +1.5%
    2015$2,825 +3.5%$176,151 +2%
    2014$2,729 $172,701 +0.5%
    2013-- $171,921 +2%
    2012-- $168,550 +2%
    2011-- $165,246 +0.8%
    2010-- $164,011 -0.2%
    2009-- $164,401 +2%
    2008-- $161,178 +2%
    2007-- $158,018 +2%
    2006-- $154,920 +2%
    2005-- $151,883 +2%
    2004-- $148,905 +1.9%
    2003-- $146,176 +2%
    2002-- $143,310 +2%
    2001$1,668 +2.6%$140,500 +2%
    2000$1,626 $137,746
    Find assessor info on the county website

    Neighborhood: 92661

    Nearby homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Newport
    • Middle: Ensign
    • High: Newport Harbor

    Source: CRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $5,796,600
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $5,796,600

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