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For sale
    • Listed by: BERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA REALTY • VINOD DESAR • Contact: 951-533-7525
    $3,448,000

    126 E Balboa Blvd, Newport Beach, CA 92661

    4beds
    3baths
    2,000sqft
    : 
    $22,648/mo
    Get pre-qualified
    Triplex
    Built in 1912
    -- sqft lot
    $3,336,300 Zestimate®
    $1,724/sqft
    $-- HOA

    What's special

    Modern finishesAttached garageExpansive raised front patioCozy living spacePrivate laundryUpgraded kitchen
    Exceptional Balboa Peninsula Triplex – Steps from the Ocean and Bay! A rare opportunity to own an income-producing triplex on one of Newport Beach’s most desirable streets, just 250 feet from the sandy beach and 500 feet from the Newport pier and 700 feet from the Newport Pavilion. Perfect for owner users / investors seeking strong returns, flexible rental options, and long-term appreciation. This fully upgraded property includes three beautifully maintained units, each with its own mini-split A/C system, modern finishes, and private laundry. All three units are currently occupied on month-to-month leases, providing immediate rental income with the flexibility to adjust rents or transition to short-term or seasonal rentals as desired. Front House (126 E Balboa Blvd) – 2 Bedrooms | 1 Bathroom | Fireplace. A bright and inviting front home featuring an open living area with fireplace, upgraded kitchen, detached indoor laundry room, and storage area. The property also boasts an **expansive raised front patio—the largest on the block—**perfect for entertaining or maximizing tenant appeal. Upper Unit (126 ½ E Balboa Blvd) – 1 Bedroom + Loft/Office | 1 Bathroom. This upper-level unit features a light-filled living area, modern kitchen, in-unit laundry, and a private balcony with peek-a-boo ocean view—ideal for professionals, couples, or as a premium vacation rental. Lower Unit (126 ¼ E Balboa Blvd) – 1 Bedroom | 1 Bathroom. Compact, efficient, and beautifully updated, the lower unit offers a cozy living space and kitchen, with laundry conveniently located in the attached garage. All units have been upgraded and are well maintained, making this property truly turnkey and ready for immediate cash flow. With its unbeatable location—close to Balboa Pier, Balboa Village, the Fun Zone, and the iconic Balboa Ferry—this triplex enjoys consistent tenant demand and strong year-round occupancy. Immediate income – all units occupied on month-to-month leases. Prime location – short walk to sand, surf, and bay. High rental potential – flexible use for long-term, short-term, or owner-occupied investment. Rare Peninsula find – upgraded, air-conditioned, and well maintained Whether you’re an investor expanding your portfolio or a buyer seeking a beachside income property with exceptional upside, 126 E Balboa Blvd is the one to see. Invest where everyone wants to stay—and earn while you plan your next move.
    301 days
    |
    420
    |
    12
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    VINOD DESAR DRE #01899239 951-533-7525,

    BERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA REALTY,

    ARIANNA ANASTASIA DRE #02159729,

    BERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA REALTY

    Source: CRMLS,MLS#: IV25238475MLS LogoOriginating MLS: California Regional MLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      Rooms
      • Room types: Bathroom, Kitchen
      Bathroom
      • Features: Jack and Jill Bath
      Heating
      • Wall Furnace
      Cooling
      • Electric
      Appliances
      • Included: Dishwasher, Gas Cooktop, Disposal, Gas Oven, Gas Range, Gas Water Heater, Microwave, Water To Refrigerator, Water Heater
      • Laundry: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, In Garage, Laundry Room, Upper Level
      Features
      • Granite Counters, High Ceilings, Pantry, Recessed Lighting, Storage, Jack and Jill Bath
      • Flooring: Carpet, Laminate
      • Windows: Screens
      • Has fireplace: Yes
      • Fireplace features: Family Room
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total structure area: 2,000
      • Total interior livable area: 2,000 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 1
      • Parking features: Door-Single, Garage, None, Permit Required, Private, Garage Faces Rear
      • Garage spaces: 1
      Features
      • Levels: One,Multi/Split
      • Stories: 1
      • Entry location: 1
      • Pool features: None
      • Spa features: None
      • Fencing: Excellent Condition,Privacy,Stucco Wall,Wood,Wrought Iron
      • Has view: Yes
      • View description: Mountain(s), Neighborhood, Ocean, Panoramic, Peek-A-Boo
      • Has water view: Yes
      • Water view: Ocean
      • Waterfront features: Across the Road from Lake/Ocean, Beach Access, Beach Front, Ocean Access, Ocean Front
      Lot
      • Size: 2,178 Square Feet
      • Dimensions: 70 x 30
      • Features: 0-1 Unit/Acre, Level, Rectangular Lot, Street Level, Value In Land
      Details
      • Parcel number: 04807216
      • Special conditions: Trust

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Bungalow,Patio Home
      • Property subtype: Triplex
      Materials
      • Block
      • Foundation: Slab
      • Roof: Shingle
      Condition
      • Repairs Cosmetic,Updated/Remodeled,Turnkey
      • New construction: No
      • Year built: 1912

      Utilities & green energy

      • Electric: Electricity - On Property, Standard
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

      Community & HOA

      Community
      • Features: Biking, Curbs, Dog Park, Fishing, Golf, Park, Street Lights, Suburban, Sidewalks, Water Sports
      • Security: Security System, Carbon Monoxide Detector(s), Fire Detection System, Resident Manager, Smoke Detector(s), Security Lights
      • Subdivision: Balboa Peninsula (Residential) (Balp)
      Location
      • Region: Newport Beach

      Financial & listing details

      • Price per square foot: $1,724/sqft
      • Tax assessed value: $2,706,080
      • Annual tax amount: $28,457
      • Date on market: 10/14/2025
      • Cumulative days on market: 301 days
      • Listing terms: Cash,Cash to New Loan,Conventional,1031 Exchange
      • Inclusions: Tenants in place and property management.
      • Exclusions: Tenants personal property.
      • Lease term: Month To Month,Negotiable
      • Total actual rent: 109200
      • Tenant pays: Insurance, None, Parking Fee
      • Road surface type: Alley Paved, Paved

        Estimated market value

        $3,336,300

        $3.17M - $3.50M

        $6,347/mo

        Price history

        DateEventPrice
        4/15/2022Sold$2,550,000+78.9%$1,275/sqft
        Source: Public Record Report a problem
        12/18/2019Sold$1,425,000-8.1%$713/sqft
        Source: Public Record Report a problem
        12/15/2013Sold$1,550,000+91.4%$775/sqft
        Source: Agent Provided Report a problem
        3/6/2012Sold$810,000-7.4%$405/sqft
        Source: Public Record Report a problem
        9/14/2010Sold$875,000-16.7%$438/sqft
        Source: Public Record Report a problem
        5/4/2006Sold$1,050,000+61.5%$525/sqft
        Source: Public Record Report a problem
        5/14/2002Sold$650,000+32.7%$325/sqft
        Source: Public Record Report a problem
        12/29/2000Sold$490,000-30%$245/sqft
        Source: Public Record Report a problem
        7/6/1999Sold$700,000$350/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$28,912 +1.6%$2,706,080 +2%
        2024$28,456 +2.4%$2,653,020 +2%
        2023$27,790 -7.3%$2,601,000 +78.4%
        2022$29,980 +82.8%$1,458,252 +2%
        2021$16,403 -13.5%$1,429,659 +1%
        2020$18,968 +16.2%$1,415,000 +55.1%
        2019$16,324 +47.8%$912,044 +2%
        2018$11,043 +2.6%$894,161 +2%
        2017$10,769 $876,629 +2%
        2016$10,769 +2.1%$859,441 +1.5%
        2015$10,547 +3.1%$846,532 +2%
        2014$10,231 $829,950 +0.5%
        2013-- $826,200 -13%
        2012-- $950,000
        2011-- $950,000
        2010-- $950,000 -14.7%
        2009-- $1,114,268 +2%
        2008-- $1,092,420 +2%
        2007-- $1,071,000 +52.4%
        2006-- $702,662 +2%
        2005-- $688,885 +2%
        2004-- $675,378 +1.9%
        2003-- $663,000 +32.7%
        2002-- $499,800 +2%
        2001$5,097 +14.3%$490,000 +14%
        2000$4,461 $430,000
        Find assessor info on the county website

        Monthly payment

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        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 92661

        Getting around

        70 / 100
        Very Walkable
        24 / 100
        Minimal Transit
        72 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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