1825 W Balboa Boulevard, Newport Beach, California 92663, Newport Beach, - bed, bath
ACTIVE$3,000,000
1825 W Balboa Boulevard, Newport Beach, California 92663
4Beds
3Baths
2,200Sqft
2,614Lot
Year Built
1928
Close
-
List price
$3M
Original List price
$3M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
NP25247915
Home ConditionExcellent
Features
Good View: Neighborhood, Ocean, Peek-A-Boo
Deck
Patio
ViewNeighborhood, Ocean, Peek-A-Boo
About this home
Legal non-conforming triplex with active short-term rental permits—just steps from the surf and sand. This rare investment opportunity features a 2-bedroom/1-bath and two 1-bedroom/1-bath units, each with its own washer and dryer. All residences have been stylishly upgraded with new kitchens, bathrooms, flooring, plumbing, and roof, and are move-in ready whether used as rentals or personal retreat. Parking includes a one-car garage plus two additional spaces. With no streets to cross to reach the beach and the pier, park, and bay only a block away, the location offers unbeatable convenience and lifestyle appeal.
Price History
Date
Event
Price
10/27/25
Listing
$3,000,000
Condition Rating
Excellent
Despite being built in 1928, the property has undergone extensive and stylish renovations across all units, including new kitchens, bathrooms, flooring, plumbing, and roof. The images confirm modern white shaker cabinets, light countertops, stainless steel appliances, contemporary bathroom tiling with glass enclosures, and consistent LVP flooring throughout. All visible components appear new or virtually new, meeting current quality standards and presenting as move-in ready with no deferred maintenance.
Pros & Cons
Pros
Prime Coastal Location: The property boasts an unbeatable location, just steps from the surf and sand with no streets to cross, and only a block from the pier, park, and bay, offering exceptional lifestyle appeal.
High Income Potential: As a legal non-conforming triplex with active short-term rental permits, this property presents a rare and significant investment opportunity for diversified income generation.
Extensive Modern Upgrades: All residences have been stylishly upgraded with new kitchens, bathrooms, flooring, plumbing, and roof, making them move-in ready and minimizing immediate capital expenditures.
Desirable Unit Amenities: Each of the three units (one 2-bed/1-bath and two 1-bed/1-bath) includes its own washer and dryer, enhancing tenant convenience and rental appeal.
Valuable Off-Street Parking: The property offers a one-car garage plus two additional parking spaces, a significant and highly sought-after amenity in a dense beach community.
Cons
Historic Property Age: Built in 1928, the property's underlying structure is nearly a century old, which, despite recent upgrades, may lead to unforeseen maintenance challenges or higher insurance costs over time.
Legal Non-Conforming Status: While currently advantageous for short-term rentals, the 'legal non-conforming' designation could potentially introduce complexities or limitations regarding future expansion or changes, or be subject to evolving regulations.
Limited Lot Size: The 2,614 sqft lot is relatively small for a triplex, which may restrict outdoor living space or future development/expansion possibilities.