2 units one house off the sand with a peek a boo view of the ocean. These 2 units (upper and lower) are licensed short-term rentals with the city of Newport Beach. Located 2 blocks from the ferry and one block from the pier, and walking distance to the fun zone! It doesn't get much better just off the sand. Occupy one and rent the other, or enjoy the income from short-term rental. The lower unit has an outdoor front patio and a 2-car garage off the alley behind the unit. The upper unit has a large front deck and a rear deck with a peak a boo view of the ocean and a 1-car garage. Both units feature a living room, dining area, open kitchen, and two large bedrooms with a full bath and shower. There is a common laundry room with a washer and dryer that are included. As a short-term rental, these units come fully furnished with all the essentials, including TVs, bedding, kitchenware, and more. You can move right in or keep it as an investment opportunity that only Newport Beach can offer. The city is no longer issuing short-term rental permits, so this is your opportunity to assume the existing permits. The schools are among the most distinguished in the county, and the weather cannot be beat!
Sold for $2,700,000
Listed by: Ricci Realty • Albert Ricci • Contact: 714-633-3600
Bought with: DiTolla Real Estate
$2,700,000
217 E Balboa Blvd, Newport Beach, CA 92661
4beds
2baths
1,808sqft
Duplex
Built in 1956
-- sqft lot
$-- Zestimate®
$1,493/sqft
$3,226 Estimated rent
Home value
Not available
Estimated sales range
Not available
$3,226/mo
Zestimate® history
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Open kitchenDining areaLarge front deckTwo large bedroomsCommon laundry roomOutdoor front patio
Zillow last checked:
Listing updated:
Listed by:
Albert Ricci DRE #01011606 714-231-6058,
Ricci Realty,
Chris Ricci DRE #02200968,
Ricci Realty
Bought with:
Jodi DiTolla, DRE #01969994
DiTolla Real Estate
Source: CRMLS,MLS#: PW25145412
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Rooms
- Room types: Kitchen, Laundry, Living Room
Heating
- Wall Furnace
Cooling
- None
Appliances
- Included: Dishwasher, Disposal, Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator, Dryer, Washer
- Laundry: Common Area, Washer Hookup, Gas Dryer Hookup, Laundry Room
Features
- Balcony, Ceiling Fan(s), Furnished, Open Floorplan
- Flooring: Carpet, Laminate
- Has fireplace: No
- Fireplace features: None
- Furnished: Yes
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 1,808
- Total interior livable area: 1,808 sqft
Property
Parking
- Total spaces: 3
- Parking features: Door-Multi, Garage, Garage Door Opener, Garage Faces Rear, Side By Side
- Garage spaces: 3
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Pool features: None
- Spa features: None
- Fencing: Stucco Wall,Wood
- Has view: Yes
- View description: Ocean, Peek-A-Boo
- Has water view: Yes
- Water view: Ocean
- Waterfront features: Across the Road from Lake/Ocean, Beach Access
Lot
- Size: 2,614 Square Feet
- Features: 0-1 Unit/Acre, Rectangular Lot
Details
- Parcel number: 04808118
- Special conditions: Standard,Trust
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Duplex
- Attached to another structure: Yes
Materials
- Wood Siding
- Foundation: Slab
- Roof: Composition
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1956
Utilities & green energy
- Electric: Standard
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Curbs, Storm Drain(s), Street Lights, Sidewalks
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
- Subdivision: Balboa Peninsula (Residential) (Balp)
Location
- Region: Newport Beach
Financial & listing details
- Price per square foot: $1,493/sqft
- Tax assessed value: $2,063,707
- Annual tax amount: $22,186
- Date on market: 7/3/2025
- Cumulative days on market: 25 days
- Listing terms: Cash to New Loan,1031 Exchange
- Inclusions: ALL APPLIANCES/FURNITURE WITHOUT WARRANTY
- Lease term: Daily,Seasonal,Short Term Lease,Weekly
- Total actual rent: 8000
- Tenant pays: None
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 8/19/2025 | Sold | $2,700,000-9.8%$1,493/sqft |
Source:  CRMLS #PW25145412 Report a problem | ||
| 7/29/2025 | Contingent | $2,995,000$1,657/sqft |
Source: CRMLS #PW25145412 Report a problem | ||
| 7/3/2025 | Listed for sale | $2,995,000+61.9%$1,657/sqft |
Source: CRMLS #PW25145412 Report a problem | ||
| 11/19/2018 | Sold | $1,850,000-2.1%$1,023/sqft |
Source: Public Record Report a problem | ||
| 10/13/2018 | Pending sale | $1,888,888$1,045/sqft |
Source: Coldwell Banker Coastal Alliance #PW18235560 Report a problem | ||
| 9/28/2018 | Listed for sale | $1,888,888-5.4%$1,045/sqft |
Source: California Regional MLS #PW18235560 Report a problem | ||
| 8/2/2018 | Listing removed | $1,997,000$1,105/sqft |
Source: Corona Del Mar Properties Inc #NP18158161 Report a problem | ||
| 7/22/2018 | Price change | $1,997,000+0.1%$1,105/sqft |
Source: Corona Del Mar Properties Inc #NP18158161 Report a problem | ||
| 7/18/2018 | Price change | $1,995,000-5%$1,103/sqft |
Source: Corona Del Mar Properties Inc #NP18158161 Report a problem | ||
| 5/24/2018 | Listed for sale | $2,100,000+82.6%$1,162/sqft |
Source: Corona Del Mar Properties Inc #NP18122927 Report a problem | ||
| 11/27/2014 | Listing removed | $2,150$1/sqft |
Source: Associated Realty Service of Newport Beach, Inc. BRE#654616 Report a problem | ||
| 8/27/2014 | Price change | $2,150-4.4%$1/sqft |
Source: Associated Realty Service of Newport Beach, Inc. BRE#654616 Report a problem | ||
| 7/27/2014 | Listed for rent | $2,250$1/sqft |
Source: Associated Realty Service of Newport Beach, Inc. BRE#654616 Report a problem | ||
| 4/22/2013 | Sold | $1,150,000-8%$636/sqft |
Source: Public Record Report a problem | ||
| 4/17/2013 | Pending sale | $1,250,000$691/sqft |
Source: Mehrdad Tabar, Broker #OC13066147 Report a problem | ||
| 4/15/2013 | Listed for sale | $1,250,000$691/sqft |
Source: Mehrdad Tabar, Broker #OC13066147 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $22,186 -0.3% | $2,063,707 +2% |
| 2024 | $22,252 +1.1% | $2,023,243 +2% |
| 2023 | $22,017 +2.1% | $1,983,572 +2% |
| 2022 | $21,569 +0.8% | $1,944,679 +2% |
| 2021 | $21,393 +0.9% | $1,906,549 +1% |
| 2020 | $21,192 | $1,887,000 +2% |
| 2019 | $21,192 +2% | $1,850,000 +48.6% |
| 2018 | $20,785 +45.9% | $1,244,599 +2% |
| 2017 | $14,243 | $1,220,196 +2% |
| 2016 | $14,243 +2.1% | $1,196,271 +1.5% |
| 2015 | $13,956 +1.9% | $1,178,302 +2% |
| 2014 | $13,694 | $1,155,221 +1171.8% |
| 2013 | -- | $90,833 +2% |
| 2012 | -- | $89,052 +2% |
| 2011 | -- | $87,306 +0.8% |
| 2010 | -- | $86,654 -0.2% |
| 2009 | -- | $86,861 +2% |
| 2008 | -- | $85,158 +2% |
| 2007 | -- | $83,489 +2% |
| 2006 | -- | $81,852 +2% |
| 2005 | -- | $80,248 +2% |
| 2004 | -- | $78,675 +1.9% |
| 2003 | -- | $77,234 +2% |
| 2002 | -- | $75,720 +2% |
| 2001 | $884 +2.5% | $74,236 +2% |
| 2000 | $862 | $72,781 |
Find assessor info on the county website
Neighborhood: 92661
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Nearby schools
GreatSchools rating
- 8/10Newport Elementary SchoolGrades: K-6Distance: 0.9 mi
- 9/10Horace Ensign Intermediate SchoolGrades: 7-8Distance: 1.3 mi
- 9/10Newport Harbor High SchoolGrades: 9-12Distance: 1.5 mi
- California
- Orange County
- Newport Beach
- 92661
- 217 E Balboa Blvd
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