3709 W Balboa, Newport Beach, California 92663, Newport Beach, - bed, bath
ACTIVE$2,695,000
3709 W Balboa, Newport Beach, California 92663
0Bed
0Bath
817Sqft
2,250Lot
Year Built
1947
Close
-
List price
$2.69M
Original List price
$2.69M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
NP25246772
Home ConditionTear down
Features
Good View:
View-
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 | 0 | 6.5 | |
| Baths | 0 | 4 | |
| Square foot | 817 | 2,454 | 4% |
| Lot Size | 2,250 | 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
Tear down
Built in 1947 and described as an 'original duplex,' this property is being sold 'as-is' with 'no repairs' from the seller. The listing explicitly states 'strong future potential for building or redevelopment,' indicating the value is primarily in the land. The visible interiors show worn carpet and heavily scratched hardwood floors, and there are no images of the kitchen or bathrooms, strongly suggesting these critical areas are in very poor, original condition. This aligns with the 'tear-down' criteria, where the structure is beyond economical repair for modern standards, and the property's value is based on its redevelopment potential.
Pros & Cons
Pros
Prime Coastal Location: Situated in a highly desirable 'Prime Peninsula location' in Newport Beach (N8 - West Newport - Lido), offering significant lifestyle appeal and investment value.
Redevelopment Opportunity: The R-2 zoned lot and explicit mention of 'strong future potential for building or redevelopment' indicate significant upside for investors or developers.
Income-Generating Duplex: Currently configured as a duplex with two 1BD/1BA units, providing immediate rental income potential for the buyer.
Detached Garages: Includes two detached single-car garages, a valuable amenity for parking, storage, or potential additional income in this dense coastal area.
Strong School Ratings: Located within a district featuring highly-rated public schools (ratings 7-9), enhancing its appeal to families and long-term value.
Cons
As-Is Condition & No Repairs: Sold 'as-is' with 'seller to make no repairs,' indicating the buyer will bear all costs for necessary renovations, repairs, or upgrades.
Dated Original Structure: Built in 1947, the 'Original duplex' suggests the property is significantly aged and likely requires extensive modernization to meet current standards and maximize rental income or resale value.
Tenant Occupied & Access Restrictions: 'Do not disturb tenants' and 'Lease information on file' imply potential challenges with property access for showings, inspections, and future occupancy or redevelopment plans.