812 West Balboa Boulevard

Newport Beach, CA 92661

$2,995,000
Price
7
Beds
4
Baths
3,319 Sq. Ft.
$902 / Sq. Ft.
3,319
Sq. Ft.
$902
per Sq. Ft.

Description

Rare Peninsula Offering - First Time on Market in Over 50 Years! Located just steps from the Newport Harbor Yacht Club, beach, and the iconic boardwalk, this well-appointed duplex offers a prime coastal location in the heart of Newport Beach. Lower Unit: Spacious 3-bedroom, 2-bathroom, recently updated for turnkey living. Upper Unit: Expansive 4-bedroom, 2-bathroom, also updated with stylish finishes throughout. Both units are turnkey, well taken care off, have been consistent and strong performers...Rare Peninsula Offering - First Time on Market in Over 50 Years! Located just steps from the Newport Harbor Yacht Club, beach, and the iconic boardwalk, this well-appointed duplex offers a prime coastal location in the heart of Newport Beach. Lower Unit: Spacious 3-bedroom, 2-bathroom, recently updated for turnkey living. Upper Unit: Expansive 4-bedroom, 2-bathroom, also updated with stylish finishes throughout. Both units are turnkey, well taken care off, have been consistent and strong performers on the rental market. Ideal for multi-family living, vacation rentals, or investment. With its unbeatable proximity to the harbor and local attractions, this property presents a rare opportunity to own in one of the most coveted areas of the Peninsula.
  1. Listed by Mark Cianciulli • DRE #01990266 • Brokerage DRE #02029217 • The CREM Group • 323-208-9512

Property Details for 812 West Balboa Boulevard

Parking Spaces Total
2
Private Pool
No
Cooling Type
Central Forced Air
Total Units
2.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
3319
Assessor Parcel Number
047-274-26
LISTING UPDATED: 01/01/2025 10:19 PM

Property Details for 812 West Balboa Boulevard

StatusActive
MLS #PW24255186
Days on Market4
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1972
Lot Size0.07 AC / 3,049 SF
CountyOrange County

Building Information for 812 West Balboa Boulevard

Stories2Residences-Year Built1972Building Size-Lot Size0.07 AC / 3,049 SF

Property Information for 812 West Balboa Boulevard

Rental Info
Rental Info
  • Tenant Pays: Cable TV, Electricity, Insurance, Sewer, Telephone, Trash Collection, Water
Income / Expense / Tax Details
Income Details
  • Gross Income: $126,000
  • Gross Scheduled Income: $126,000
  • Gross Operating Income: $126,000
  • Net Operating Income: $116,820
  • Current Financing: None
Expense Details
  • Operating Expense: $9,180
  • Operating Expense Percent: 7.00%
  • Fuel Expense: $2,400
  • Electric Expense: $0
  • Insurance Expense: $3,000
  • Maintenance Expense: $3,780
  • Maintenance Percent: 3.00%
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $9,180
Tax / Assessment Info
  • Tax Tract Number: 884
  • Tax Census Tract: 628.00
  • CFD/Mello-Roos Fee: $528
  • Tax Lot: 7
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Suburban
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: See Remarks
  • Fireplace Features: See Remarks
  • Fireplace Rooms: Other
  • Cooling: Central Air
  • Heating Type: Other
  • Heating: See Remarks
  • Heat Equipment: Other/Remarks
Exterior Features
  • Entry Location: Ground
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Park Nearby
  • Number Of Units: 2
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public, See Remarks
  • Sewer: Sewer Paid
  • Sewer/Septic: Sewer Connected
  • Water Source: Public, See Remarks
Parking Info
  • Garage Spaces: 2
  • Parking: Yes
  • Parking Garage: Garage
  • Parking Garage Spaces: 2
  • Carport Spaces: 0
  • Parking Features: Garage
Property / Structure Info
  • Builders Tract Name: Balboa Peninsula (BALP)
  • Builders Tract Code: Balboa Peninsula (Residential) (BALP)
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 4
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $5,950
  • Unit Type Total Rent: $5,950
  • Unit Type Pro Forma: 6500
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $4,550
  • Unit Type Total Rent: $4,550
  • Unit Type Pro Forma: 5000
  • Unit Type Type: 2
Unit Information
  • Number Of Units Leased: 2
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2

Property History for 812 West Balboa Boulevard

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 812 West Balboa Boulevard

Taxable ValueLand$86,505Additions$127,787Total$214,292
Tax Record2024$2,802 ($233 / month)
Home Facts
Total Finished SqFt3,319 SqFtAbove Grade Finished SqFt3,319 SqFtStories2Lot Size3,030 SqFtStyleDuplexYear Built1972CountyORANGEAPN047-274-26

Schools near 812 West Balboa Boulevard

This home is within Newport-Mesa Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Newport Elementary School
PublicK to 6

Horace Ensign Intermediate School
Public7 to 8

Newport Harbor High School
Public9 to 12

Monte Vista High School
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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812 West Balboa Boulevard is a multi-family home for sale in Newport Beach, CA 92661. This property was listed for sale on December 29, 2024 by The CREM Group, it's currently listed at $2,995,000. This listing's school district is Newport-Mesa Unified School District. Nearby schools include Newport Elementary School, Horace Ensign Intermediate School and Newport Harbor High School. 812 West Balboa Boulevard is a 7-bed, 4-bath, 3,319 sqft multi-family home built in 1972.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of The CREM Group, Mark Cianciulli, DRE #01990266

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.