126 E Balboa Blvd Newport Beach, CA 92661
Central Newport Beach NeighborhoodEstimated payment $20,959/month
Highlights
- Beach Front
- Ocean View
- Golf Course Community
- Newport Elementary School Rated A
- Property has ocean access
- Fishing
About This Home
Exceptional Balboa Peninsula Triplex – Steps from the Ocean and Bay!
A rare opportunity to own an income-producing triplex on one of Newport Beach’s most desirable streets, just 250 feet from the sandy beach and 500 feet from the Newport pier and 700 feet from the Newport Pavilion. Perfect for owner users / investors seeking strong returns, flexible rental options, and long-term appreciation.
This fully upgraded property includes three beautifully maintained units, each with its own mini-split A/C system, modern finishes, and private laundry. All three units are currently occupied on month-to-month leases, providing immediate rental income with the flexibility to adjust rents or transition to short-term or seasonal rentals as desired.
Front House (126 E Balboa Blvd) – 2 Bedrooms | 1 Bathroom | Fireplace. A bright and inviting front home featuring an open living area with fireplace, upgraded kitchen, detached indoor laundry room, and storage area. The property also boasts an **expansive raised front patio—the largest on the block—**perfect for entertaining or maximizing tenant appeal.
Upper Unit (126 1⁄2 E Balboa Blvd) – 1 Bedroom + Loft/Office | 1 Bathroom. This upper-level unit features a light-filled living area, modern kitchen, in-unit laundry, and a private balcony with peek-a-boo ocean view—ideal for professionals, couples, or as a premium vacation rental.
Lower Unit (126 1⁄4 E Balboa Blvd) – 1 Bedroom | 1 Bathroom. Compact, efficient, and beautifully updated, the lower unit offers a cozy living space and kitchen, with laundry conveniently located in the attached garage.
All units have been upgraded and are well maintained, making this property truly turnkey and ready for immediate cash flow. With its unbeatable location—close to Balboa Pier, Balboa Village, the Fun Zone, and the iconic Balboa Ferry—this triplex enjoys consistent tenant demand and strong year-round occupancy. Immediate income – all units occupied on month-to-month leases. Prime location – short walk to sand, surf, and bay. High rental potential – flexible use for long-term, short-term, or owner-occupied investment. Rare Peninsula find – upgraded, air-conditioned, and well maintained
Whether you’re an investor expanding your portfolio or a buyer seeking a beachside income property with exceptional upside, 126 E Balboa Blvd is the one to see. Invest where everyone wants to stay—and earn while you plan your next move.
Listing Agent
BERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA REALTY Brokerage Phone: 951-533-7525 License #01899239 Listed on: 10/14/2025
Co-Listing Agent
BERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA REALTY Brokerage Phone: 951-533-7525 License #02159729
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $28,457
Year Built
- Built in 1912 | Remodeled
Lot Details
- 2,178 Sq Ft Lot
- Lot Dimensions are 70x30
- Beach Front
- No Common Walls
- East Facing Home
- Wrought Iron Fence
- Privacy Fence
- Wood Fence
- Stucco Fence
- Fence is in excellent condition
- Rectangular Lot
- Level Lot
- Density is up to 1 Unit/Acre
- Value in Land
Parking
- 1 Car Garage
- Private Parking
- Rear-Facing Garage
- Single Garage Door
- Parking Permit Required
Property Views
- Ocean
- Panoramic
- Peek-A-Boo
- Mountain
- Neighborhood
Home Design
- Triplex
- Bungalow
- Patio Home
- Entry on the 1st floor
- Turnkey
- Cosmetic Repairs Needed
- Slab Foundation
- Shingle Roof
Interior Spaces
- 2,000 Sq Ft Home
- 1-Story Property
- High Ceiling
- Recessed Lighting
- Window Screens
- Family Room with Fireplace
- Storage
Kitchen
- Gas Oven
- Gas Cooktop
- Microwave
- Water Line To Refrigerator
- Dishwasher
- Granite Countertops
- Disposal
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 4 Bedrooms
- Jack-and-Jill Bathroom
- 3 Bathrooms
Laundry
- Laundry Room
- Laundry on upper level
- Laundry in Garage
- Washer and Gas Dryer Hookup
Home Security
- Home Security System
- Security Lights
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Property has ocean access
- Exterior Lighting
Location
- Across the Road from Lake or Ocean
- Suburban Location
Utilities
- Cooling Available
- Wall Furnace
- Natural Gas Connected
- Gas Water Heater
- Cable TV Available
Listing and Financial Details
- Legal Lot and Block 20 / 1
- Tax Tract Number 219
- Assessor Parcel Number 04807216
- $542 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 3 Units
- Balboa Peninsula Subdivision
Recreation
- Golf Course Community
- Fishing
- Park
- Dog Park
- Water Sports
- Bike Trail
Building Details
- 3 Leased Units
- 1 Separate Electric Meter
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Electric Expense $2,800
- Insurance Expense $2,500
- Maintenance Expense $2,700
- Pest Control $300
- Professional Management Expense $4,680
- Trash Expense $600
- Water Sewer Expense $1,800
- Operating Expense $15,260
- Gross Income $105,924
- Net Operating Income $90,664
Security
- Resident Manager or Management On Site
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $28,913 | $2,706,080 | $2,659,355 | $46,725 |
| 2024 | $28,457 | $2,653,020 | $2,607,211 | $45,809 |
| 2023 | $27,790 | $2,601,000 | $2,556,089 | $44,911 |
| 2022 | $16,494 | $1,458,252 | $1,416,893 | $41,359 |
| 2021 | $16,403 | $1,429,659 | $1,389,110 | $40,549 |
| 2020 | $16,324 | $1,415,000 | $1,374,866 | $40,134 |
| 2019 | $11,043 | $912,044 | $877,954 | $34,090 |
| 2018 | $10,951 | $894,161 | $860,739 | $33,422 |
| 2017 | $10,769 | $876,629 | $843,862 | $32,767 |
| 2016 | $10,547 | $859,441 | $827,316 | $32,125 |
| 2015 | $10,482 | $846,532 | $814,889 | $31,643 |
| 2014 | -- | $829,950 | $798,926 | $31,024 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/05/2026 03/05/26 | Price Changed | $3,448,000 | -1.4% | $1,724 / Sq Ft | |
| 10/14/2025 10/14/25 | For Sale | $3,498,000 | +37.2% | $1,749 / Sq Ft | |
| 04/15/2022 04/15/22 | Sold | $2,550,000 | 0.0% | $1,275 / Sq Ft | View Prior Sale |
| 02/25/2022 02/25/22 | Pending | -- | -- | -- | |
| 01/31/2022 01/31/22 | For Sale | $2,550,000 | 0.0% | $1,275 / Sq Ft | |
| 02/26/2014 02/26/14 | Rented | $2,400 | 0.0% | -- | |
| 02/26/2014 02/26/14 | For Rent | $2,400 | +14.3% | -- | |
| 05/23/2012 05/23/12 | Rented | $2,100 | 0.0% | -- | |
| 05/23/2012 05/23/12 | Under Contract | -- | -- | -- | |
| 05/16/2012 05/16/12 | For Rent | $2,100 | 0.0% | -- | |
| 03/07/2012 03/07/12 | Sold | $810,000 | -13.8% | $439 / Sq Ft | View Prior Sale |
| 01/09/2012 01/09/12 | Pending | -- | -- | -- | |
| 07/20/2011 07/20/11 | For Sale | $939,900 | -- | $509 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $2,550,000 | Wfg National Title | |
| Grant Deed | $1,425,000 | Western Resources Title Co | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $810,000 | Landsafe Title Pasadena | |
| Trustee Deed | $875,000 | None Available | |
| Grant Deed | $1,050,000 | First American Title Co | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | Chicago Title Co | |
| Grant Deed | $650,000 | Chicago Title Co | |
| Grant Deed | $490,000 | First American Title Ins Co | |
| Grant Deed | -- | -- | |
| Grant Deed | -- | -- | |
| Grant Deed | $700,000 | Landsafe Title | |
| Grant Deed | -- | Fidelity National Title Ins |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,657,500 | New Conventional | |
| Previous Owner | $1,061,250 | New Conventional | |
| Previous Owner | $560,000 | New Conventional | |
| Previous Owner | $735,000 | New Conventional | |
| Previous Owner | $520,000 | Purchase Money Mortgage | |
| Previous Owner | $392,000 | Purchase Money Mortgage | |
| Previous Owner | $377,000 | Purchase Money Mortgage | |
| Previous Owner | $338,000 | Purchase Money Mortgage | |
| Closed | $98,000 | No Value Available |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: IV25238475
APN: 048-072-16
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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Ask me questions while you tour the home.