USACANewport BeachBalboa Peninsula (Residential) (Balp)126 E Balboa Blvd

Triplex is on the peninsula in Newport Beach CA. 92661 | Image 1

126 E Balboa Blvd, Newport Beach, CA

Real Estate

For Sale

Listed price in listed location currency (USD).

$3,498,000

001

MLS® IV25238475

Key Facts
Description
Rooms
Map

Key Facts

Type Triplex

Levels Residential Income

Size -

Garage Yes

Taxes $28,457

Days Active 53

Lot Size 0.05 acres

Approx. Age 1912

MLS® Number IV25238475

Property Address: 126 E Balboa Blvd, Newport Beach, CA, 92661-1118

Average square foot calculated using Size range provided by listing agent.

Description

Exceptional Balboa Peninsula Triplex – Steps from the Ocean and Bay! A rare opportunity to own an income-producing triplex on one of Newport Beach’s 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 patio—the largest on the block—**perfect for entertaining or maximizing tenant appeal. Upper Unit (126 ½ 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 view—ideal for professionals, couples, or as a premium vacation rental. Lower Unit (126 ¼ 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 have been upgraded and are well maintained, making this property truly turnkey and ready for immediate cash flow. With its unbeatable location—close to Balboa Pier, Balboa Village, the Fun Zone, and the iconic Balboa Ferry—this triplex enjoys consistent tenant demand and strong year-round occupancy. Immediate income – all units occupied on month-to-month leases. Prime location – short walk to sand, surf, and bay. High rental potential – flexible use for long-term, short-term, or owner-occupied investment. Rare Peninsula find – upgraded, air-conditioned, and well maintained Whether you’re an investor expanding your portfolio or a buyer seeking a beachside income property with exceptional upside, 126 E Balboa Blvd is the one to see. Invest where everyone wants to stay—and earn while you plan your next move.

MLS® NumberIV25238475

Laundry LevelWasher Hookup, Electric Dryer Hookup, Gas Dryer Hookup, In Garage, Laundry Room, Upper Level

Central VacNo

FireplaceNo

Acreage0.05

Exterior

GarageYes

Approx. Age1912

Basement

DrivewayDoor Single, Garage, None, Permit Required, Private, Garage Faces Rear

Garage Spaces1

Heat

A/C

Heating Fuel

Extras

Tenants in place and property management.

Similar Listings

Price History

-End Date

Not Sold YetSold Price

For Sale

Oct 14, 2025List Date

$3,498,000List Price

Commute

Commute

Starting Address

Destination Address

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