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1825 W Balboa Boulevard, Newport Beach, California 92663, Newport Beach, 92663 - 4 bed, 3 bath

1825 W Balboa Boulevard, Newport Beach, California 92663 home-pic-0
ACTIVE$2,999,000
1825 W Balboa Boulevard, Newport Beach, California 92663
4Beds
3Baths
2,059Sqft
2,614Lot
Year Built
1928
Close
-
List price
$3M
Original List price
$3M
Price/Sqft
$1,457
HOA
-
Days on market
-
Sold On
-
MLS number
NP25266820
Home ConditionExcellent
Features
Good View: Neighborhood, Ocean, Peek-A-Boo
Deck
Patio
ViewNeighborhood, Ocean, Peek-A-Boo

About this home

We found 4 Cons,5 Pros. Rank: price - $3.00M(40th), sqft - 2059(36th), beds - 4(50th), baths - 3(50th).

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. Please note: City records has the square footage as 1,544 sqft, an appraisal has the square footage as 1,887 sqft, and county tax records has the square footage as 1,366.

Price History

Date
Event
Price
11/26/25
Listing
$2,999,000
05/11/17
Sold
$1,510,000
Condition Rating
Excellent
Despite being built in 1928, the property has undergone extensive and stylish renovations across all units, as explicitly stated in the description and clearly visible in the images. All kitchens feature new white shaker cabinets, modern light countertops, stainless steel appliances, and contemporary fixtures. Bathrooms are similarly updated with new vanities, tiled showers, and modern fixtures. Throughout the units, new LVP flooring, fresh paint, and updated lighting (including recessed lights) contribute to a 'virtually new' feel. The description confirms new plumbing and roof as well, indicating a comprehensive renovation that meets current quality standards and makes the property move-in ready with no deferred maintenance.
Pros & Cons

Pros

Exceptional Beachfront Location: The property is located just steps from the surf and sand with no streets to cross, offering unparalleled beach access and proximity to the pier, park, and bay in Newport Beach.
High-Yield Investment Opportunity: As a legal non-conforming triplex with active short-term rental permits, it presents a rare and significant income-generating opportunity with flexible usage.
Turn-Key Condition with Modern Upgrades: All three residences have been recently and stylishly upgraded with new kitchens, bathrooms, flooring, plumbing, and roof, ensuring move-in readiness and reduced immediate capital expenditure.
Valuable Off-Street Parking: The property includes a one-car garage plus two additional parking spaces, a highly sought-after amenity in a dense beach community.
Desirable Ocean Views: Offers peek-a-boo ocean views, adding to the property's aesthetic appeal and market value.

Cons

MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 2059, other record living area = 1030. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 2.
Significant Square Footage Discrepancy: There are conflicting square footage records from city, appraisal, and county sources, which could complicate financing, valuation, and future resale.
Advanced Age of Structure: Built in 1928, despite recent upgrades, the underlying structure's age may lead to unforeseen maintenance challenges or limitations over time.
Legal Non-Conforming Status Risks: While currently beneficial for short-term rentals, the 'legal non-conforming' designation could introduce complexities or restrictions regarding future redevelopment or major structural changes if zoning regulations evolve.

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