$2,998,000
126 E BalboaNewport Beach, CA 92661Balboa Peninsula (Residential)
Sold
122 28th Street sold on February 28, 2023 for $2,975,000. The details are below for reference.
122 28th Street, Newport Beach, CA 92663
- 2,052 sq ft
- Built 1951
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$2,975,000
The home
About 122 28th Street
122 28th St is a Vacation Rental Duplex on the highly sought after Balboa Peninsula. It's only 9 homes from the sand and water! This property offers a 3 bedroom/2 Bathroom (downstairs) and a 2 bedroom/1 bathroom (upstairs). Both units have been renovated and ready to help your portfolio cashflow. Each unit has 1 garage parking spot and plenty of street parking available. This property has been a great rental for the last decade and with the current gross income approximately at $155,000 per year. There is still upside for the next owner to raise rents to market, as similar properties are currently collecting near $195,000 per year.
Property details for 122 28th Street
This duplex sits in Newport Beach in Orange County. It has 2,052 square feet of living space. The home was built in 1951. The MLS record lists the assessor parcel number as 047-092-03. Highlights include ocean views, a two-car garage, and air conditioning.
Specifications
Home Details
General Features
- Property Type
- Duplex
- MLS Number
- DW22259032
- Year Built
- 1951
- Lot Size (sq ft)
- 2,178
- Lot Size (acres)
- 0.05
- Levels
- Two
- Garage Spaces
- 2
- Parking Spaces
- 2
- View
- Ocean
- Parcel Number
- 04709203
- On Market Date
- 2023-01-03
- Listing Terms
- Standard, Trust
Interior Features
- Interior Features
- Balcony, Ceiling Fans
- Flooring
- Laminate
- Cooling
- Wall Window Units
- Fireplace
- None
- Laundry
- Inside, Laundry Room
- Common Walls
- No Common Walls
Exterior Features
- Lot Features
- Zero To One Unit Acre
- Parking
- Garage
- Pool Features
- None
- Spa
- None
- Sewer
- Public Sewer
- Water
- Public
- Units
- 2
Community Features
- Community Features
- Curbs, Street Lights, Suburban, Sidewalks
The record
Property History for 122 28th Street
| Date | Event | Price | Note |
|---|---|---|---|
| Feb 28, 2023 | Sold | $2,975,000 | |
| Feb 9, 2023 | Status changed to Pending | From Active Under Contract | |
| Jan 23, 2023 | Status changed to Active Under Contract | From Active | |
| Jan 3, 2023 | Status changed to Active | From Coming Soon | |
| Jan 3, 2023 | Listed for sale | $3,000,000 |
No prior MLS sales on record for this home since 2012.
Added by Realatrends Real Estate
Flood, Fire and Earthquake Zones for 122 28th Street
We looked up this home's map point in public government maps. These facts are not part of the MLS listing.
Hazard zones
- Flood zone
Zone X, 0.2 percent annual chance flood hazard. Outside FEMA's Special Flood Hazard Area.
FEMA National Flood Hazard Layer, FIRM panel 06059C0381K effective March 21, 2019. Checked October 15, 2026.
- Fire hazard severity zone
Not in a fire hazard severity zone on the State Fire Marshal's map.
CAL FIRE, State Fire Marshal map for Local Responsibility Areas, March 24, 2025. Checked October 15, 2026.
- Earthquake fault zone
Outside the Alquist-Priolo Earthquake Fault Zones.
California Geological Survey, Earthquake Fault Zones map, Newport Beach quadrangle, released July 1, 1986. Checked October 15, 2026.
- Liquefaction zone
Inside a Seismic Hazard Zone for liquefaction.
California Geological Survey, Seismic Hazard Zones map, Newport Beach quadrangle, released April 15, 1998. Checked October 15, 2026.
- Landslide zone
Outside the earthquake-induced landslide zones.
California Geological Survey, Seismic Hazard Zones map, Newport Beach quadrangle, released April 15, 1998. Checked October 15, 2026.
- Tsunami hazard area
Inside the Tsunami Hazard Area on the State's evacuation planning map.
California Geological Survey and Cal OES, Tsunami Hazard Area map for Orange County (2021). Checked October 15, 2026.
Internet and charging
- Fixed internet
Fiber: AT&T, up to 5,000 Mbps, at 23 of 23 residential locations in this census block. Cable: Spectrum, up to 1,000 Mbps, at 23 of 23. Fixed wireless: Verizon, up to 300 Mbps, at 23 of 23.
FCC National Broadband Map, provider-reported data as of December 31, 2025, for census block 060590635004013, not for this address. Not endorsed by the FCC. Checked October 15, 2026.
- EV charging
Nearest public charger 0.2 miles away (ChargePoint, 2 Level 2 ports). 48 public charging ports within 3 miles.
U.S. Department of Energy, Alternative Fuels Data Center. Straight-line distance. Checked October 15, 2026.
These facts are for the listing's map point, which can sit off the lot. A zone line can also cross a lot, and agencies revise their maps. In cities, the fire zone line follows the State Fire Marshal's 2025 map; each city adopts its own map and may add areas. These lines are not a Natural Hazard Disclosure. Check the official maps and the seller's disclosures before you rely on them. Sources for the earthquake zone lines: Reproduced with permission, California Geological Survey, Webservice of Official Maps of Alquist-Priolo Earthquake Fault Zones (2025). Reproduced with permission, California Geological Survey, Webservice of Official Maps of Seismic Hazard Zones (2025).
Official maps
Next steps
Looking for something similar
122 28th Street is no longer on the market, but comparable homes come up in Newport Beach regularly. We can tell you what this one actually closed at and set up alerts for listings that match it.
Selling near 122 28th Street
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The neighborhood
About Newport Beach
Set along the Pacific in Orange County, Newport Beach surrounds Newport Harbor, where Balboa Island, Lido Isle, and the Balboa Peninsula frame one of California's largest recreational harbors. The city stretches from the Balboa and Newport piers to Corona del Mar and Fashion Island, within the Newport-Mesa Unified School District.
Newport Beach home sales, past 12 months
- Homes sold
- 32
- Median price
- $3,771,500
- Median days on market
- 50
- Median per sq ft
- $1,832
Recorded MLS closings of duplexes, Nov 4, 2025 to Nov 4, 2026. Days on market run from listing to going under contract.
Recent Newport Beach sales
| Address | Closed | Price | Sq ft | Per sq ft | Days on market |
|---|---|---|---|---|---|
| 210 Opal | Oct 29, 2026 | $3,750,000 | 2,024 | $1,853 | 11 |
| 224 Amethyst | Sep 29, 2026 | $3,736,710 | 2,805 | $1,332 | 115 |
| 3709 W Balboa | Sep 14, 2026 | $2,200,000 | 600 | $3,667 | 47 |
| 2212 Laurel | Sep 3, 2026 | $3,235,000 | 2,000 | $1,618 | 8 |
| 510 Avocado | Aug 27, 2026 | $3,720,000 | 3,194 | $1,165 | 8 |
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Listed by Alex Guyenne of eXp Realty of California Inc.
Listing information updated Mar 30, 2023 at 1:14 PM PT. Source: CRMLS.
This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.