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Sold

109 E Balboa Boulevard sold on November 18, 2024 for $3,350,000. The details are below for reference.

TriplexSold · Nov 18, 2024

109 E Balboa Boulevard, Newport Beach, CA 92661

  • 2,815 sq ft
  • Built 1959

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$3,350,000

MLS# NP24177675

The home

About 109 E Balboa Boulevard

Situated just one house from the boardwalk and mere blocks from the lively Balboa Village and Fun Zone, this three-story triplex offers prime coastal living and an exceptional investment opportunity. Priced at $1,200 per square foot—well below the average for comparable properties on the Balboa Peninsula—this property presents significant value. With all tenants on month-to-month leases, it’s a great redevelopment opportunity or a chance to collect steady rental income and benefit from future appreciation. Designed and built by renowned architect Svend Nielsen, the property exudes unique charm and thoughtful design. Each of the three units includes 2 bedrooms, 1 bathroom, and in-unit laundry for convenience. The second and third-floor units enjoy peek-a-boo ocean views, while all units offer private outdoor spaces, including balconies. Additional amenities include a two-car carport for the second- and third-floor units, a ground-floor private shower room, and recent upgrades such as a roof replacement in 2023, a Tesla solar system, and smart home features, including automated blinds, thermostats, and a security system—all controllable remotely. The property is professionally managed, generating stable income with the potential for future rent growth. Don’t miss this rare opportunity to invest in a prime coastal location with endless possibilities.

Property details for 109 E Balboa Boulevard

This triplex sits in the Balboa Peninsula (Residential) neighborhood of Newport Beach in Orange County. It has 2,815 square feet of living space. The home was built in 1959. The MLS record lists the assessor parcel number as 048-074-22. Highlights include peek-a-boo ocean and coastline views, along with a fireplace.

Specifications

Home Details

General Features

Property Type
Triplex
MLS Number
NP24177675
Year Built
1959
Lot Size (sq ft)
2,178
Lot Size (acres)
0.05
Levels
Three Or More
Parking Spaces
2
View
Coastline, Neighborhood, Ocean, Peek A Boo
Parcel Number
04807422
On Market Date
2024-09-26
Listing Terms
Standard

Interior Features

Interior Features
Balcony, Ceiling Fans, Galley Kitchen
Appliances
Dishwasher, Electric Cooktop
Flooring
Laminate
Heating
Fireplaces, Wall Furnace
Cooling
None
Fireplace
Living Room
Laundry
Inside
Entry Level
1
Common Walls
One Common Wall

Exterior Features

Lot Features
Two To Five Units Acre
Parking
Carport
Pool Features
None
Spa
None
Sewer
Public Sewer
Water
Public
Utilities
Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Connected, Water Connected
Units
3

Community Features

Subdivision
Balboa Peninsula (Residential) (BALP)
Community Features
Storm Drains, Street Lights, Sidewalks

The record

Property History for 109 E Balboa Boulevard

DateEventPriceNote
Nov 18, 2024 Sold $3,350,000
Oct 10, 2024 Status changed to Active Under Contract From Active
Sep 26, 2024 Listed for sale $3,380,000
Nov 19, 2021 Sold $2,900,000 White Sail Realty
Dec 19, 2013 Sold $1,400,000 White Sail Realty

Added by Realatrends Real Estate

Flood, Fire and Earthquake Zones for 109 E Balboa Boulevard

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 25 of 25 residential locations in this census block. Cable: Spectrum, up to 1,000 Mbps, at 25 of 25. Fixed wireless: Verizon, up to 300 Mbps, at 22 of 25.

FCC National Broadband Map, provider-reported data as of December 31, 2025, for census block 060590628003029, 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

Next steps

Looking for something similar

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Selling near 109 E Balboa Boulevard

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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.

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Listed by Greg Blake of Coldwell Banker Realty

Listing information updated Dec 4, 2024 at 9:29 PM PT. Source: CRMLS.

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