714-745-2708

1200 W Balboa, Newport Beach, CA 92661

$3,295,000 Approx. USD 0 beds, 0 baths

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Marketed By The Keaty Team

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Marketed By The Keaty Team REALTOR® - Sales Associate 714-608-3298 m
714-745-2708 o
Lic#: 01276603
NRDS ID: 187514104
thekeatyteam@bhhscal.com Tustin Office
18302 Irvine Blvd, Suite 240
Tustin, CA 92780
Phone: 714-832-8800
Fax: 949-565-7700

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Listing Agent

Brian Wollner | brianwollner@gmail.com
Lic#: 01889264
Broker: Courtesy of Compass
Phone: 949-444-3233

Agent Remarks

A rare corner-lot multifamily opportunity on Newport Beach’s Balboa Peninsula, 1200 W Balboa Boulevard combines an elevated, raised-foundation setting, a versatile THREE-UNIT CONFIGURATION, and exceptional coastal walkability. The upper-level three-bedroom, two-bathroom unit features a standout deck with outstanding OCEAN-VIEWS AND PARTIAL BAY VIEWS. Two single-level, two-bedroom, two-bathroom residences occupy the front and rear of the property, separated by a shared courtyard and community laundry room. A two-car garage and an additional carport space provide valuable parking. Held by the same owner for nearly 40 years, the property reflects longstanding pride of ownership and offers compelling potential for investors and buyers seeking an owner’s residence with rental income. Well-maintained interiors are complemented by a newer roof, dual-pane windows, ongoing termite maintenance, upgraded ABS drain lines, and upgraded electrical panels. The upper residence also features central heating. With tenants in place and strong rental upside potential, the property offers established income and an appealing opportunity for long-term growth. Its thoughtful configuration is equally attractive for those looking to occupy one residence while renting the others. Centrally located between Marina Park, Newport Pier, and the Balboa Fun Zone, this quiet coastal setting places beaches, bayfront recreation, dining, and shopping within easy reach—an exceptional opportunity to enjoy and invest in the Peninsula lifestyle.

Listing Details

Property type: Triplex (Multi-Family)

Status: Active

MLS# OC26237091

Price: $3,295,000

HOA Fee is $0.00

Beds: 0

Baths: 0

None fireplaces

Built in 1953

2 stories

0.07 acres

Lot size: 0.0700

Subdivision: Balboa Peninsula (Residential) (BALP)

County: Orange

Construction: Stucco

Interior features: Built-in Features,Ceiling Fan(s),Living Room Deck Attached,Open Floorplan,Storage,Track Lighting

Exterior features: Lighting,Rain Gutters

Appliances: Dishwasher,Gas Oven,Gas Range,Gas Water Heater,Microwave,Refrigerator,Range Hood,Vented Exhaust Fan

Parking description: Assigned,Carport,Garage

Lot description: Corner Lot,Drip Irrigation/Bubblers,Landscaped

Heating/cooling: None

Heating description: Central,Wall Furnace

MLS area: NP - Balboa Peninsula

Last Updated: 11/5/2026

Days On Market (DOM): 2

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This listing belongs to the NP - Balboa Peninsula MLS area

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Lat/Long: 33.606414, -117.916206.
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