$3,295,000
1200 W BalboaNewport Beach, CA 92661Balboa Peninsula (Residential)
126 E Balboa, Newport Beach, CA 92661
- 2,000 sq ft
- Built 1912
Open house
Open House
The home
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 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.
Property details for 126 E Balboa
This triplex sits in the Balboa Peninsula (Residential) neighborhood of Newport Beach in Orange County. It has 2,000 square feet of living space and is listed at $2,998,000, about $1,499 per square foot. The home was built in 1912. The MLS record lists the assessor parcel number as 048-072-16. Highlights include peek-a-boo ocean and panoramic views, ocean frontage, a fireplace, single-story living, a one-car garage, and air conditioning.
Photographs
Photos of 126 E Balboa, Newport Beach
Specifications
Home Details
General Features
- Property Type
- Triplex
- MLS Number
- IV25238475
- Year Built
- 1912
- Lot Size (sq ft)
- 2,178
- Lot Size (acres)
- 0.05
- Levels
- One, Multi Split
- Garage Spaces
- 1
- Parking Spaces
- 1
- View
- Mountains, Neighborhood, Ocean, Panoramic, Peek A Boo
- Annual Taxes
- $28,457
- Parcel Number
- 04807216
- On Market Date
- 2025-10-14
- Listing Terms
- Trust
Interior Features
- Interior Features
- Granite Counters, High Ceilings, Pantry, Recessed Lighting, Storage, Jack And Jill Bath
- Appliances
- Dishwasher, Gas Cooktop, Disposal, Gas Oven, Gas Range, Gas Water Heater, Microwave, Water To Refrigerator, Water Heater
- Flooring
- Carpet, Laminate
- Heating
- Wall Furnace
- Cooling
- Electric
- Fireplace
- Family Room
- Laundry
- Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, In Garage, Laundry Room, Upper Level
- Entry Level
- 1
- Common Walls
- No Common Walls
- Windows
- Screens
- Rooms
- Bathroom, Kitchen
Exterior Features
- Architectural Style
- Bungalow, Patio Home
- Roof
- Shingle
- Construction
- Block
- Foundation
- Slab
- Lot Features
- Zero To One Unit Acre, Level, Rectangular Lot, Street Level, Value In Land
- Parking
- Door Single, Garage, None, Permit Required, Private, Garage Faces Rear
- Fencing
- Excellent Condition, Privacy, Stucco Wall, Wood, Wrought Iron
- Pool Features
- None
- Spa
- None
- Sewer
- Public Sewer
- Water
- Public
- Utilities
- Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
- Condition
- Repairs Cosmetic, Updated Remodeled, Turnkey
- Faces
- East
- Units
- 3
Community Features
- Subdivision
- Balboa Peninsula (Residential) (BALP)
- Community Features
- Biking, Curbs, Dog Park, Fishing, Golf, Park, Street Lights, Suburban, Sidewalks, Water Sports
- Security
- Security System, Carbon Monoxide Detectors, Fire Detection System, Resident Manager, Smoke Detectors, Security Lights
The record
Property History for 126 E Balboa
| Date | Event | Price | Note |
|---|---|---|---|
| Oct 6, 2026 | Price reduced | $2,998,000 | From $3,448,000 |
| Mar 5, 2026 | Price reduced | $3,448,000 | From $3,498,000 |
| Oct 14, 2025 | Listed for sale | $3,498,000 | |
| Apr 15, 2022 | Sold | $2,550,000 | Harcourts Signature Properties |
| Mar 7, 2012 | Sold | $810,000 | Coldwell Banker |
Added by Realatrends Real Estate
Flood, Fire and Earthquake Zones for 126 E Balboa
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 06059C0382K 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 21 of 22 residential locations in this census block. Fiber: Spectrum, up to 1,000 Mbps, at 1 of 22. Cable: Spectrum, up to 1,000 Mbps, at 21 of 22.
FCC National Broadband Map, provider-reported data as of December 31, 2025, for census block 060590628003007, not for this address. Not endorsed by the FCC. Checked October 15, 2026.
- EV charging
Nearest public charger 1.0 miles away (Tesla Destination, 1 Level 2 port). 156 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
Cost of ownership
Estimated monthly payment
7.18% · 30-yr fixed$
$22,975/mo
10% down · 30-year fixed · $299,800 down
Principal & interest$18,279
Mortgage insurance (est., over 80% LTV)$1,124
Property tax (est. 1.08%)$2,698
Home insurance (rough est., varies widely)$874
HOANot reported, not included
$19,820/mo
20% down · 30-year fixed · $599,600 down
Principal & interest$16,248
Property tax (est. 1.08%)$2,698
Home insurance (rough est., varies widely)$874
HOANot reported, not included
$17,789/mo
30% down · 30-year fixed · $899,400 down
Principal & interest$14,217
Property tax (est. 1.08%)$2,698
Home insurance (rough est., varies widely)$874
HOANot reported, not included
Estimated carrying cost
$3,572/mo
All cash · taxes and insurance only
Principal & interestNone (cash purchase)
Property tax (est. 1.08%)$2,698
Home insurance (rough est., varies widely)$874
HOANot reported, not included
Estimate only, not a loan offer or quote. Principal and interest use the Freddie Mac 30-year fixed average of 7.18% (week of Nov 5, 2026); your rate will differ. A loan this size is typically a jumbo loan, which prices differently. Tax and insurance are modelled, not billed amounts; tax uses a typical Newport Beach rate, excluding Mello-Roos. Verify all figures. Full assumptions and disclosures.
Next steps
Buying 126 E Balboa
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Selling near 126 E Balboa
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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.
See homes for sale in Balboa Peninsula Newport Beach housing market
Location
Location
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Listed by VINOD DESAR of BERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA REALTY
Listing information updated Nov 10, 2026 at 2:47 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.