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Sold for $2,350,000
    • Listed by: Vista Sotheby’s International Realty • Gary Kooba • Contact: 310-722-2007
    Bought with: Re/Max One
    $2,350,000

    421 E Balboa Blvd, Newport Beach, CA 92661

    6beds
    4baths
    2,500sqft
    Duplex
    Built in 1972
    -- sqft lot
    $-- Zestimate®
    $940/sqft
    $5,179 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $5,179/mo

    Zestimate® history
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    What's special

    Outstanding investment opportunity in the "Balboa Fun Zone" BTV. Each unit boasts 3 beds and 1 3/4 baths with 1250 room sqft BTV. Upstairs unit has been remodeled with open kitchen and vaulted ceilings. Both units show well and are ready for owner user or tenants. 3 car attached garage in a parking starved community!!! Seller has conducted a pre-sale general inspection which is included in MLS supplements. Top unit is rented on a month to month basis, bottom unit is currently being used for showing purposes. Single water meter, which owner pays. Separate electric and gas meters, which are paid for by tenant. Buyer is advised to check with city for the opportunity to add a 3rd level to this 2 story structure for potential views and additional income. Property is being sold as-is in it's present condition.

    Zillow last checked:

    Listing updated:

    Listed by:

    Gary Kooba DRE #00578697 310-722-2007,

    Vista Sotheby’s International Realty

    Bought with:

    Sarah Lynch, DRE #01471745

    Re/Max One

    Source: CRMLS,MLS#: SB23130417MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 4
    Heating
    • Forced Air
    Cooling
    • None
    Appliances
    • Included: Dishwasher
    • Laundry: In Garage
    Features
    • Flooring: Carpet
    • Windows: Screens
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 2,500
    • Total interior livable area: 2,500 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Assigned
    • Garage spaces: 3
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: ground
    • Exterior features: Rain Gutters
    • Pool features: None
    • Spa features: None
    • Has view: Yes
    • View description: None
    Lot
    • Size: 3,049 Square Feet
    • Dimensions: 30 x 95
    • Features: 0-1 Unit/Acre
    Details
    • Parcel number: 04812120
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Traditional
    • Property subtype: Duplex
    Materials
    • Drywall, Stucco
    • Foundation: Slab
    • Roof: Composition
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1972

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected

    Community & HOA

    Community
    • Features: Fishing, Suburban, Sidewalks, Water Sports
    • Subdivision: Balboa Peninsula (Residential) (Balp)
    Location
    • Region: Newport Beach

    Financial & listing details

    • Price per square foot: $940/sqft
    • Tax assessed value: $2,397,000
    • Annual tax amount: $25,606
    • Date on market: 7/17/2023
    • Cumulative days on market: 132 days
    • Listing terms: Cash to New Loan,1031 Exchange
    • Tenant pays: Electricity, Gas
    • Road surface type: Paved

    Price history

    DateEventPrice
    4/27/2026Listing removed$5,800$2/sqft
    Source: Zillow Rentals Report a problem
    2/19/2026Price change$5,800-3.3%$2/sqft
    Source: CRMLS #OC25262260 Report a problem
    1/4/2026Price change$6,000-4.8%$2/sqft
    Source: Zillow Rentals Report a problem
    11/28/2025Price change$6,300-3.1%$3/sqft
    Source: Zillow Rentals Report a problem
    9/23/2025Listed for rent$6,500+23.8%$3/sqft
    Source: Zillow Rentals Report a problem
    12/16/2024Listing removed$5,250$2/sqft
    Source: CRMLS #NP24159260 Report a problem
    12/11/2024Listed for rent$5,250$2/sqft
    Source: CRMLS #NP24159260 Report a problem
    12/5/2024Listing removed$5,250$2/sqft
    Source: Zillow Rentals Report a problem
    11/15/2024Price change$5,250-4.5%$2/sqft
    Source: Zillow Rentals Report a problem
    10/20/2024Price change$5,500-3.5%$2/sqft
    Source: Zillow Rentals Report a problem
    9/21/2024Listed for rent$5,700$2/sqft
    Source: Zillow Rentals Report a problem
    9/12/2024Listing removed$5,700$2/sqft
    Source: Zillow Rentals Report a problem
    8/20/2024Price change$5,700-5%$2/sqft
    Source: Zillow Rentals Report a problem
    6/13/2024Price change$6,000-7.7%$2/sqft
    Source: Zillow Rentals Report a problem
    5/25/2024Listed for rent$6,500+8.3%$3/sqft
    Source: Zillow Rentals Report a problem
    4/5/2024Listing removed--
    Source: Zillow Rentals Report a problem
    3/10/2024Listed for rent$6,000+33.3%$2/sqft
    Source: Zillow Rentals Report a problem
    1/15/2024Listing removed--
    Source: Zillow Rentals Report a problem
    1/3/2024Sold$2,350,000-7.8%$940/sqft
    Source: CRMLS #SB23130417 Report a problem
    12/30/2023Pending sale$2,550,000$1,020/sqft
    Source: CRMLS #SB23130417 Report a problem
    12/27/2023Listed for rent$4,500+25.2%$2/sqft
    Source: Zillow Rentals Report a problem
    11/28/2023Contingent$2,550,000$1,020/sqft
    Source: CRMLS #SB23130417 Report a problem
    9/28/2023Price change$2,550,000-5.5%$1,020/sqft
    Source: CRMLS #SB23130417 Report a problem
    8/18/2023Listed for sale$2,699,000$1,080/sqft
    Source: CRMLS #SB23130417 Report a problem
    5/23/2020Listing removed$3,595$1/sqft
    Source: Balboa Property Management Report a problem
    4/13/2020Listed for rent$3,595$1/sqft
    Source: Balboa Property Management Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$25,606 +242.3%$2,397,000 +288.3%
    2024$7,481 +4.5%$617,300 +2%
    2023$7,158 +2.2%$605,197 +2%
    2022$7,001 +0.1%$593,331 +2%
    2021$6,994 +0.9%$581,698 +1%
    2020$6,928 $575,734 +2%
    2019$6,928 +1.8%$564,446 +2%
    2018$6,805 -8%$553,379 +2%
    2017$7,394 $542,529 +2%
    2016$7,394 +2%$531,892 +1.5%
    2015$7,246 +1.8%$523,903 +2%
    2014$7,122 $513,641 +0.5%
    2013-- $511,320 +2%
    2012-- $501,295 +2%
    2011-- $491,466 +0.8%
    2010-- $487,793 -0.2%
    2009-- $488,953 +2%
    2008-- $479,366 +2%
    2007-- $469,967 +2%
    2006-- $460,752 +2%
    2005-- $451,718 +2%
    2004-- $442,861 +1.9%
    2003-- $434,745 +2%
    2002-- $426,221 +2%
    2001$4,370 +2.6%$417,864 +2%
    2000$4,260 $409,671
    Find assessor info on the county website

    Neighborhood: 92661

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