3709 W Balboa, Newport Beach, California 92663, Newport Beach, - bed, bath
ACTIVE$2,695,000
3709 W Balboa, Newport Beach, California 92663
2Beds
2Baths
817Sqft
2,230Lot
Year Built
1947
Close
-
List price
$2.69M
Original List price
$2.69M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
NP25246724
Home ConditionPoor
Features
Good View: Park/Greenbelt, Peek-A-Boo
ViewPark/Greenbelt, Peek-A-Boo
About this home
Original duplex on a 25' x 90' R-2 lot —Each unit 1BD/1BA up + 1BD/1BA down—with two detached single-car garages. Laundry in garages. Prime Peninsula location with strong future potential for building or redevelopment. Trust sale: agent(s) related to Trustee. Property being sold as-is; seller to make no repairs. Do not disturb tenants. Lease information on file at the listing office.
Nearby schools
8/10
Newport Heights Elementary School
Public,•K-6•1.1mi
9/10
Newport Elementary School
Public,•PK-6•1.2mi
7/10
Horace Ensign Intermediate School
Public,•7-8•1.1mi
7/10
Newport Harbor High School
Public,•9-12•1.3mi
Price History
Date
Event
Price
10/24/25
Listing
$2,695,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (23 Listings) | |
|---|---|---|---|
| Beds | 2 | 6 | 8% |
| Baths | 2 | 4 | 13% |
| Square foot | 817 | 2,454 | 4% |
| Lot Size | 2,230 | 2,614 | 13% |
| Price | $2.69M | $3.17M | 25% |
| Price per square foot | $3,299 | $1,431.5 | 96% |
| Built year | 1947 | 9815982 | 13% |
| HOA | |||
| Days on market | 11 | 174 | 4% |
Condition Rating
Poor
Built in 1947 and described as an 'original duplex' being sold 'as-is,' this property is in very poor condition. The images reveal extremely outdated kitchens with old appliances, laminate countertops, basic cabinets, and linoleum flooring. Bathrooms are similarly dated with old fixtures and finishes. Flooring throughout includes worn carpet, scratched hardwood, and linoleum. The property requires substantial repairs and rehabilitation to meet modern living standards, aligning with a renovation timeline of 30-50+ years ago, if any.
Pros & Cons
Pros
Exceptional Location: Situated in a prime Newport Beach Peninsula location, offering high desirability and strong market value within a sought-after coastal community.
Significant Redevelopment Potential: Zoned R-2 on a 25' x 90' lot with explicit mention of 'strong future potential for building or redevelopment,' appealing to investors and developers.
Income-Generating Duplex: Currently configured as an original duplex with two 1BD/1BA units, providing immediate rental income and investment opportunity.
Desirable Coastal Market: Located in Newport Beach, a highly sought-after coastal community known for its lifestyle and potential for property appreciation.
Access to Top-Rated Schools: Proximity to highly-rated schools (e.g., Newport Elementary, Newport Harbor High) adds long-term value and appeal to the area.
Cons
As-Is Sale & Condition: The property is sold 'as-is' with no seller repairs, indicating potential for substantial renovation costs or complete demolition for redevelopment.
Dated Original Structure: Built in 1947, the 'original duplex' is likely dated and requires extensive modernization or complete replacement to meet current market expectations.
Tenant Occupancy & Access: Current tenant occupancy ('Do not disturb tenants') may complicate property showings, inspections, and the timeline for redevelopment or owner-occupancy.