126 E E Balboa Active Save Request In-Person Tour Request Virtual Tour
Newport Beach,CA 92661
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRIV25238475
Style Bungalow
Year Built 1912
Lot Size 2,178 Sqft
Property Sub-Type Triplex
Property Description
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 one block from the beach and two blocks from the bay. Perfect for 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 ½ 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 prem
Location
State CA
County Orange
Area Np - Balboa Peninsula
Rooms
Kitchen Dishwasher,Garbage Disposal,Microwave,Other,Pantry,Oven Range - Gas,Oven - Gas
Interior
Heating Wall Furnace
Cooling Central Forced Air - Electric
Flooring Laminate
Laundry In Garage,In Laundry Room,30,38,Upper Floor
Exterior
Parking Features Parking Restrictions,Private / Exclusive,Garage,No Parking
Garage Spaces 1.0
Pool 31,None
View Hills,Local/Neighborhood,Ocean,Panoramic,30
Roof Type Shingle
Building
Lot Description Grade - Level
Story One Story,Split Level
Foundation Concrete Slab
Water Other,Hot Water,District - Public