126 East Balboa Newport Beach, CA 92661
2,000 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,000 sqft
Price per Sqft $1,749
MLS Listing ID IV-25238475
Style Bungalow
Year Built 1912
Lot Size 2,178 Sqft
Property Sub-Type Triplex
Source California Regional Multiple Listing Service (CRMLS)
Property Description
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 premium vacation rental.
Lower Unit (126 ¼ 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.
Location
State CA
County Orange
Area Np - Balboa Peninsula
Interior
Interior Features Granite Counters, High Ceilings, Pantry, Recessed Lighting, Storage
Heating Wall Furnace
Flooring Carpet, Laminate
Fireplaces Type Family Room
Inclusions Tenants in place and property management.
Laundry Gas & Electric Dryer Hookup, In Garage, Individual Room, Upper Level, Washer Hookup
Exterior
Parking Features Garage, Garage - Single Door, Garage Faces Rear, Permit Required, Private, None
Garage Spaces 1.0
Pool None
Community Features Biking, Curbs, Dog Park, Fishing, Golf, Park, Sidewalks, Street Lights, Suburban, Watersports
Utilities Available Sewer Connected, Water Connected, Cable Connected, Electricity Connected, Natural Gas Connected
View Y/N Yes
View Peek-A-Boo, Panoramic, Ocean, Mountain(s)
Building
Lot Description Level, Level with Street, Patio Home, Rectangular Lot, Value In Land, 0-1 Unit/Acre
Sewer Public Sewer
Nicole Van Parys & Gary Nesen
License Partners, Private Office Advisors | License ID: 01108944