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Bought with Frederick Espino with SoCal Realty Group and Listed by Branden Fella CA DRE# 01860709 with Coldwell Banker Realty 949-533-7500

Sold

1623 W Balboa Boulevard

1623 W Balboa Boulevard, Newport Beach, CA 92663

$3,200,000

Investor opportunity in prime Balboa Peninsula location. Situated directly across from Marina Park and the iconic Lighthouse Cafe, this duplex offers an unbeatable coastal lifestyle and excellent income potential. The property features two spacious units--each with 2 bedrooms and 2 bathrooms. The lower unit is currently leased to a long-term tenant, providing immediate rental income, while the upper unit is vacant and ready for your personal updates. Enjoy a bay view from the upstairs living area, along with the convenience of a two-car garage. Whether you're looking to remodel and maximize value or hold as a rental investment, this is a rare chance to own in one of the best spots on the Peninsula.

4
beds

4
baths

3,000 Sq.Ft. LIVING AREA

2,614 Sq.Ft. lot

Branden Fella

title Realtor®
PHONE (949) 533-7500
EMAIL [email protected]
DRE # 01860709

Features & Amenities

Interior

total bedrooms4
Total bathrooms4
full bathrooms4
Laundry room Inside
Fireplace Primary Bedroom

Area & Lot

Status Sold
Date Sold July 22, 2025
Living Area3,000 Sq.Ft.
Lot Area2,614 Sq.Ft.
MLS® IDNP25125414
TypeMulti-Family
YEAR BUILT1973
View DescriptionBay
School DistrictNewport Mesa Unified

Exterior

STORIES2
Garage Space2.0
water SourcePublic
PoolNone
lot features2-5 Units/Acre
HEAT TYPECentral
AIR CONDITIONINGCentral Air
sewerPublic Sewer

Financial

Sales Price$3,200,000

Work With Branden

Beyond delivering exceptional bottom-line results, his underlying goal is to provide an enjoyable, stress-free experience.

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