Welcome to 207 28th Street, a rare investment opportunity just one block from the beach in the heart of Newport Beach’s coveted Balboa Peninsula. This well-located duplex features two spacious units, one upstairs and one downstairs, each offering 3 bedrooms and 2 full bathrooms, making it ideal for both investors and owner-occupants seeking strong rental potential and a premier coastal lifestyle. The downstairs unit boasts updated bathrooms and thoughtful upgrades throughout, while the upstairs unit offers expansive views and access to a private outdoor deck, perfect for enjoying the ocean air. Each unit includes a cozy fireplace, in-unit appliances, and ample living space with great natural light. Additional features include a 2-car garage, two extra parking spaces, washer/dryer, and private outdoor patios — perfect for relaxing or entertaining. Located just steps from the sand and a short walk to top-tier restaurants, shops, and everything the Balboa area has to offer. Whether you’re looking for a smart income-producing property or a place to call home, this duplex is a standout opportunity in one of Newport’s most desirable beachside neighborhoods.
Sold for $2,500,000
Listed by: The Oppenheim Group • Jason Oppenheim • Contact: 949-706-4974
Bought with: The Oppenheim Group
$2,500,000
207 28th St, Newport Beach, CA 92663
6beds
2,262sqft
Duplex
Built in 1970
2,614 Square Feet Lot
$2,506,900 Zestimate®
$1,105/sqft
$7,777 Estimated rent
Home value
$2,506,900
$2.31M - $2.73M
$7,777/mo
Zestimate® history
Owner options
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$7,777/mo
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$15,512/mo
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List your homeWhat's special
Cozy fireplaceSpacious unitsExpansive viewsSteps from the sandGreat natural lightIn-unit appliancesUpdated bathrooms
Zillow last checked:
Listing updated:
Listed by:
Jason Oppenheim DRE #01863254 310-990-6656,
The Oppenheim Group,
Matthew Peters DRE #01901784,
The Oppenheim Group
Bought with:
Jason Oppenheim, DRE #01863254
The Oppenheim Group
Pierce Kar, DRE #02061694
The Oppenheim Group
Source: CRMLS,MLS#: OC25094742
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 4
- Main level bathrooms: 2
- Main level bedrooms: 3
Rooms
- Room types: Bedroom, Kitchen, Living Room, Primary Bathroom, Primary Bedroom
Primary bedroom
- Features: Main Level Primary
Primary bedroom
- Features: Multiple Primary Suites
Bedroom
- Features: Bedroom on Main Level
Cooling
- None
Appliances
- Included: Gas Oven, Gas Range, Refrigerator, Water Heater
- Laundry: Common Area, In Garage
Features
- Bedroom on Main Level, Main Level Primary, Multiple Primary Suites
- Has fireplace: Yes
- Fireplace features: Living Room
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total interior livable area: 2,262 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage - Attached
- Attached garage spaces: 2
Features
- Levels: Two,Multi/Split
- Stories: 2
- Entry location: Ground level
- Pool features: None
- Has view: Yes
- View description: City Lights, Coastline
- Has water view: Yes
- Water view: Coastline
Lot
- Size: 2,614 Square Feet
- Features: Paved
Details
- Parcel number: 04710113
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Duplex
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1970
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Curbs, Street Lights, Sidewalks
- Subdivision: Balboa Peninsula (Residential) (Balp)
Location
- Region: Newport Beach
Financial & listing details
- Price per square foot: $1,105/sqft
- Tax assessed value: $2,131,867
- Annual tax amount: $23,866
- Date on market: 5/2/2025
- Cumulative days on market: 89 days
- Listing terms: Cash,Cash to New Loan,Conventional,1031 Exchange
Price history
| Date | Event | Price |
|---|---|---|
| 9/10/2025 | Sold | $2,500,000-9.1%$1,105/sqft |
Source:  CRMLS #OC25094742 Report a problem | ||
| 8/20/2025 | Pending sale | $2,749,500$1,216/sqft |
Source: CRMLS #OC25094742 Report a problem | ||
| 7/9/2025 | Price change | $2,749,500-6.8%$1,216/sqft |
Source: CRMLS #OC25094742 Report a problem | ||
| 6/26/2025 | Price change | $2,950,000-9.2%$1,304/sqft |
Source: CRMLS #OC25094742 Report a problem | ||
| 5/30/2025 | Price change | $3,249,000-7%$1,436/sqft |
Source: CRMLS #OC25094742 Report a problem | ||
| 5/2/2025 | Listed for sale | $3,495,000+169.9%$1,545/sqft |
Source: CRMLS #OC25094742 Report a problem | ||
| 11/28/2010 | Listing removed | $1,295,000-4%$573/sqft |
Source: First Team Real Estate #P723238 Report a problem | ||
| 2/27/2010 | Listed for sale | $1,349,000-13.5%$596/sqft |
Source: First Team Real Estate #P723238 Report a problem | ||
| 6/30/2006 | Sold | $1,560,000$690/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $23,866 +1.6% | $2,131,867 +2% |
| 2024 | $23,488 +2.3% | $2,090,066 +2% |
| 2023 | $22,969 +1.8% | $2,049,085 +2% |
| 2022 | $22,574 +1.9% | $2,008,907 +2% |
| 2021 | $22,157 +0.9% | $1,969,517 +1% |
| 2020 | $21,949 | $1,949,323 +2% |
| 2019 | $21,949 +6.6% | $1,911,101 +2% |
| 2018 | $20,593 +3.9% | $1,873,629 +2% |
| 2017 | $19,828 | $1,836,892 +4% |
| 2016 | $19,828 +4.3% | $1,765,599 +1.5% |
| 2015 | $19,014 +11.2% | $1,739,079 +10% |
| 2014 | $17,092 | $1,581,408 |
| 2013 | -- | $1,581,408 +2% |
| 2012 | -- | $1,550,400 +2% |
| 2011 | -- | $1,520,000 -8% |
| 2010 | -- | $1,651,560 -0.2% |
| 2009 | -- | $1,655,484 +2% |
| 2008 | -- | $1,623,024 +2% |
| 2007 | -- | $1,591,200 +961.6% |
| 2006 | -- | $149,886 +2% |
| 2005 | -- | $146,948 +2% |
| 2004 | -- | $144,067 +1.9% |
| 2003 | -- | $141,427 +2% |
| 2002 | -- | $138,654 +2% |
| 2001 | $1,510 +2.6% | $135,936 +2% |
| 2000 | $1,472 | $133,271 |
Find assessor info on the county website
Neighborhood: 92663
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Nearby schools
GreatSchools rating
- 8/10Newport Elementary SchoolGrades: K-6Distance: 0.8 mi
- 9/10Horace Ensign Intermediate SchoolGrades: 7-8Distance: 0.9 mi
- 9/10Newport Harbor High SchoolGrades: 9-12Distance: 1.2 mi
Schools provided by the listing agent
- 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
$2,506,900
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
$2,506,900
- California
- Orange County
- Newport Beach
- 92663
- 207 28th St
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