Investor opportunity in prime Balboa Peninsula location. Situated directly across from Marina Park and the iconic Lighthouse Café, this duplex offers an unbeatable coastal lifestyle and excellent income potential. The property features two spacious units—each with 2 bedrooms and 2 bathrooms. The lower unit is currently leased to a long-term tenant, providing immediate rental income, while the upper unit is vacant and ready for your personal updates. Enjoy a bay view from the upstairs living area, along with the convenience of a two-car garage. Whether you’re looking to remodel and maximize value or hold as a rental investment, this is a rare chance to own in one of the best spots on the Peninsula.
MLS #
CRNP25125329
MLS Source
California Regional MLS
Kitchen
Pantry
Appliances
Other
Cooling
Central Forced Air
Heating
Central Forced Air
Pool
None
Garage/Parking
Garage: 2 Car(s)
Water
Private
HOA Fee
$0
# Buildings | # Leased Units | # Total Units |
---|---|---|
1 | – | 2 |
1623 W Balboa Bld is a Duplex in Newport Beach, CA 92663. This – square foot property sits on a 2,614 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $3,200,000 and was built in 1973.
This address can also be written as 1623 W Balboa Bld, Newport Beach, CA 92663.©2025 California Regional MLS. All rights reserved. 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. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of July 23, 2025. For the most current information, please contact Branden Fella, (949) 533-7500