126 E Balboa, Newport Beach, CA

$3,448,000

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4

Beds

3

Baths

0.05

Acres

About 126 E Balboa

Exceptional Balboa Peninsula Triplex Steps from the Ocean and Bay! A rare opportunity to own an income-producing triplex on one of Newport Beachs most desirable streets, just 250 feet from the sandy beach and 500 feet from the Newport pier and 700 feet from the Newport Pavilion. Perfect for owner users / investors seeking strong returns, flexible rental options, and long-term appreciation. This fully upgraded property includes three beautifully maintained units, each with its own mini-split A/C system, modern finishes, and private laundry. All three units are currently occupied on month-to-month leases, providing immediate rental income with the flexibility to adjust rents or transition to short-term or seasonal rentals as desired. Front House (126 E Balboa Blvd) 2 Bedrooms | 1 Bathroom | Fireplace. A bright and inviting front home featuring an open living area with fireplace, upgraded kitchen, detached indoor laundry room, and storage area. The property also boasts an **expansive raised front patiothe largest on the block**perfect for entertaining or maximizing tenant appeal. Upper Unit (126 E Balboa Blvd) 1 Bedroom + Loft/Office | 1 Bathroom. This upper-level unit features a light-filled living area, modern kitchen, in-unit laundry, and a private balcony with peek-a-boo ocean viewideal for professionals, couples, or as a premium vacation rental. Lower Unit (126 E Balboa Blvd) 1 Bedroom | 1 Bathroom. Compact, efficient, and beautifully updated, the lower unit offers a cozy living space and kitchen, with laundry conveniently located in the attached garage. All units h

Features of 126 E Balboa

MLS® # IV25238475
Price $3,448,000
Bedrooms 4
Bathrooms 3.00
Acres 0.05
Type Residential Income
Sub-Type Res Income 2-4 Units
Status Active

Community Information

Address 126 E Balboa
Area OC - NEWPORT BEACH (92661)
City Newport Beach
County Orange
State CA
Zip Code 92661

Amenities

Is Waterfront No
Has Pool No
Pool N/K

Interior

Fireplace Yes
Stories Split Level

Exterior

Lot Description Curbs,Sidewalks
Construction Block

Additional Information

Date Listed October 14th, 2025
Days on Market 296
Zoning Assessor
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeBERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA REALTY

Listing Map

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