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Off market
  • $2,877,900

    116 E Balboa Blvd, Newport Beach, CA 92661

    5beds
    1,500sqft
    Duplex
    Built in 1963
    2,178 Square Feet Lot
    $2,877,900 Zestimate®
    $1,919/sqft
    $7,806 Estimated rent

    Home value

    $2,877,900

    $2.59M - $3.19M

    $7,806/mo

    Zestimate® history
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    $7,806/mo

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    Rent Zestimate®

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    $18,196/mo

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    $18,196/mo

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    What's special

    Well-appointed duplex located in the center of Newport Beach Peninsula. Near shops, Balboa pier, fun zone, plus the surf and sand. Wood floors, cool tones, custom window treatments, and ceiling fans throughout add an element of sophistication. Both units provide remodeled kitchens with energy-saving appliances, beach glass backsplash, Corian countertops with the high top sitting, white shaker cabinets upstairs, open shelving below. The upstairs unit is outfitted with 3 bedrooms and 2 bathrooms including ample closets. Main living stone fireplace, bay window, and high ceilings. Downstairs unit each with separate access has 2 bedrooms and 1 bathroom, fireplace, bay window sitting, and remodeled throughout. Including a 2 car garage with 2 sets of stacked stainless steel washer/dryer machines. Two new water heaters and furnaces. Ground-level patio for BBQing and entertaining. Perfect investment property, vacation, primary beach home. Close to the Orange County Airport, Fashion Island shopping/restaurants, Newport Harbor, Catalina Express, across the street from the beach plus an abundance of amenities. The LOWEST price home/duplex on the Peninsula. Come enjoy the lifestyle and ease the Newport Peninsula has to offer.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • 3/4 bathrooms: 3
    Heating
    • Forced air, Electric, Gas
    Cooling
    • None
    Appliances
    • Included: Dishwasher, Dryer, Garbage disposal, Microwave, Refrigerator, Washer
    • Laundry: Dryer Included, Washer Included, In Garage
    Features
    • Pantry
    • Flooring: Hardwood
    • Doors: Panel Doors, Mirror Closet Door(s)
    • Windows: Blinds, Shutters, Custom Covering, Double Pane Windows, Bay Window(s)
    • Has fireplace: Yes
    • Fireplace features: Living Room, Family Room, Gas Starter
    • Common walls with other units/homes: 1 common wall
    Interior area
    • Total interior livable area: 1,500 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Attached
    Accessibility
    • Accessibility features: Parking
    Features
    • Levels: Two
    • Patio & porch: Slab, Patio, Front Porch
    • Exterior features: Stucco, Brick
    Lot
    • Size: 2,178 Square Feet
    • Features: 0-1 Unit/Acre
    Details
    • Parcel number: 04807227
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Modern, Cottage, Bungalow
    • Property subtype: Duplex
    Materials
    • Roof: Asphalt
    Condition
    • Updated/Remodeled
    • Year built: 1963

    Utilities & green energy

    • Electric: 220 Volts in Garage
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Natural Gas Available, Water Connected, Phone Available, Sewer Connected, Electricity Available

    Community & HOA

    Location
    • Region: Newport Beach

    Financial & listing details

    • Price per square foot: $1,919/sqft
    • Tax assessed value: $2,083,681
    • Annual tax amount: $22,396
    • Road surface type: Alley Paved, Maintained

    Price history

    DateEventPrice
    3/5/2026Listing removed$6,000$4/sqft
    Source: CRMLS #OC25223019 Report a problem
    3/2/2026Price change$6,000-7.7%$4/sqft
    Source: CRMLS #OC25223019 Report a problem
    12/31/2025Price change$6,500-7.1%$4/sqft
    Source: CRMLS #OC25223019 Report a problem
    11/3/2025Price change$7,000-6.7%$5/sqft
    Source: CRMLS #OC25223019 Report a problem
    9/26/2025Listed for rent$7,500$5/sqft
    Source: CRMLS #OC25223019 Report a problem
    3/19/2021Sold$1,925,000-7.9%$1,283/sqft
    Source: Public Record Report a problem
    1/4/2021Price change$2,090,000-2.8%$1,393/sqft
    Source: Berkshire Hathaway Home Services #OC20250671 Report a problem
    12/4/2020Listed for sale$2,150,000+53.6%$1,433/sqft
    Source: Berkshire Hathaway Home Services #OC20250671 Report a problem
    5/2/2017Sold$1,400,000-6.7%$933/sqft
    Source: Public Record Report a problem
    4/12/2017Pending sale$1,500,000$1,000/sqft
    Source: First Team Real Estate #PW17018121 Report a problem
    3/27/2017Price change$1,500,000-9.1%$1,000/sqft
    Source: First Team Real Estate #PW17018121 Report a problem
    3/12/2017Price change$1,650,000-5.7%$1,100/sqft
    Source: First Team Real Estate #PW17018121 Report a problem
    2/15/2017Price change$1,750,000-12.5%$1,167/sqft
    Source: First Team Real Estate #PW17018121 Report a problem
    1/28/2017Listed for sale$2,000,000$1,333/sqft
    Source: First Team Real Estate #PW17018121 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$22,396 +1.6%$2,083,681 +2%
    2024$22,040 +2.4%$2,042,825 +2%
    2023$21,523 -20.5%$2,002,770 +2%
    2022$27,061 +66%$1,963,500 +30.8%
    2021$16,300 +1%$1,501,082 +1%
    2020$16,143 $1,485,691 +2%
    2019$16,143 +2.1%$1,456,560 +2%
    2018$15,814 +522%$1,428,000 +632.1%
    2017$2,542 $195,061 +2%
    2016$2,542 +2.1%$191,237 +1.5%
    2015$2,490 +3.4%$188,365 +2%
    2014$2,407 $184,676 +0.5%
    2013-- $183,842 +2%
    2012-- $180,238 +2%
    2011-- $176,704 +0.8%
    2010-- $175,384 -0.2%
    2009-- $175,801 +2%
    2008-- $172,354 +2%
    2007-- $168,975 +2%
    2006-- $165,662 +2%
    2005-- $162,414 +2%
    2004-- $159,230 +1.9%
    2003-- $156,312 +2%
    2002-- $153,248 +2%
    2001$1,655 +2.6%$150,244 +2%
    2000$1,613 $147,299
    Find assessor info on the county website

    Neighborhood: 92661

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • High: Newport Harbor
    • District: Newport Mesa Unified

    Source: The MLS. 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
    $2,877,900
    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
    $2,877,900