1609 E Balboa Boulevard, Newport Beach, CA 92661
1609 E Balboa Boulevard, Newport Beach, CA 92661,Video Tour
1609 E Balboa Boulevard, Newport Beach, CA 92661
60
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$5,695,000
Est. payment /mo
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4 Beds
4 Baths
2,572 Sqft Lot
Active

1609 E Balboa Boulevard Newport Beach, CA 92661

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Jesse Ibanez

Jesse Ibanez

+1(858) 337-2796

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

Subdivision Balboa Peninsula Point (Blpp)

MLS Listing ID OC26199394

Bedrooms 4

Lot Size 2,572 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

**Maximize your portfolio with this rare turnkey four-unit offering in coveted Peninsula Point, just moments from both the beach and bay.** 1609 E Balboa Blvd presents a meticulously maintained and extensively upgraded property in one of Newport Beachs most desirable coastal enclaves. The property features four one-bedroom, one-bathroom residences, offering an exceptional combination of investment potential, quality, and quintessential Newport Beach lifestyle. Three units were fully remodeled in 2021, while the lower unit underwent a complete renovation in 2025 with the level of quality and finish found in a newly built luxury Newport Beach home. Designed with the owner in mind, Unit D features high-end finishes throughout, a split-system AC, and a floor plan that can easily be converted to a two-bedroom configurationan especially appealing option for an owner-user seeking a refined coastal residence. The building is exceptionally turnkey and thoughtfully maintained, with substantial upgrades throughout. Two sets of stackable washers and dryers serve the property, and upgraded tankless water heaters were installed in 2022. Each unit has separate electricity and gas, while the owner pays for water and trash, as well as common-area laundry expenses. Three units each include an attached one-car garage, providing highly coveted off-street parking and additional storage. A charming shared front patio with seating and BBQ creates an inviting outdoor gathering space and extends the living experience beyond the individual residences. The location is truly exceptionalwithin easy wal

Location

State CA

County Orange

Zoning Assessor

Direction Cross streets: E Balboa Blvd & H Street

Interior

Cooling Wall/Window, Other/Remarks

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Senior Community No

Tax ID 04819108

Acceptable Financing Cash

Listing Terms Cash

Virtual Tour https://my.matterport.com/show/?m=jnkoWu6dZvm

MLS Router / San Diego MLS
Listed by Giovanne Helou, DRE#02068352 The Oppenheim Group 
Co-listed byLisa Helou • The Oppenheim Group

NEARBY SCHOOL & BUSINESS

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Jesse Ibanez

Jesse Ibanez

Agent License ID: 01405643

+1(858) 337-2796

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1609 E Balboa Boulevard

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