$5,795,000
2212 W OceanfrontNewport Beach, CA 92663Balboa Peninsula (Residential)
Sold
303 Main Street sold on May 21, 2019 for $5,700,000. The details are below for reference.
303 Main Street, Newport Beach, CA 92661
- 11,109 sq ft
- Built 1913
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$5,700,000
The home
About 303 Main Street
PROBATE SALE. This is an absolute generational opportunity. Property is at Main Street and Edgewater Place - basically on Newport Harbor and directly adjacent to the iconic Balboa Pavilion - Harborside Restaurant, the Catalina Flyer, Fun Zone and the Balboa Ferry, and a quick stroll to Balboa Pier. The building consists of 12 apartment units above 5 retail spaces. The 12 upstairs residential units are accessed by a wide common interior staircase located at the front of the building at Main Street. All units have unbelievable bay views and one unit has a deck sitting atop the Harbor. Some of these residential units are compact micro-style, and others are spacious - all are very livable. The interior common area, along with the expansive deck space, can be highly upgraded to create a secure home feeling. Residential rents are well below market and can be increased dramatically - low rent is $735, high is $1,650; and they are master metered for utilities. There is approximately 4,566 square feet of retail space on the ground floor configured in 5 retail spaces which services the year-round tourist traffic at the famous Newport Beach Fun Zone in the heart of the Balboa Village. With appropriate property renovations, this opportunity is an incredible value-add play where the astute investor can experience a 4.31% cap in-place and an above market yield of 5.77% potentially going forward for a coastal asset of this kind. Court Confirmation is possible -
Property details for 303 Main Street
This home sits in the Balboa Peninsula (Residential) neighborhood of Newport Beach in Orange County. It has 11,109 square feet of living space. The home was built in 1913. The MLS record lists the assessor parcel number as 048-133-17. Highlights include harbor and bay views, along with bay frontage.
Specifications
Home Details
General Features
- Property Type
- Mixed Use
- MLS Number
- OC19072633
- Year Built
- 1913
- Lot Size (sq ft)
- 6,534
- Lot Size (acres)
- 0.15
- Levels
- Two
- View
- Bay, Harbor, Marina, Panoramic
- Parcel Number
- 04813317
- On Market Date
- 2019-04-01
- Listing Terms
- Third Party Approval, Probate Listing
Interior Features
- Interior Features
- All Bedrooms Up, Entrance Foyer
- Appliances
- Free Standing Range, Gas Range
- Flooring
- Carpet, Tile
- Heating
- Wall Furnace
- Cooling
- None
- Laundry
- Common Area
- Common Walls
- Two Common Walls Or More
- Windows
- Wood Frames
Exterior Features
- Exterior Features
- Awnings
- Roof
- Flat, Other
- Construction
- Brick, Concrete
- Foundation
- Slab
- Lot Features
- Corner Lot, Street Level, Zero Lot Line
- Parking
- None
- Fencing
- None
- Pool Features
- None
- Spa
- None
- Sewer
- Public Sewer
- Water
- Public
- Utilities
- Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
- Condition
- Fixer, Repairs Cosmetic
- Units
- 17
Community Features
- Subdivision
- Balboa Peninsula (Residential) (BALP)
- Community Features
- Storm Drains, Street Lights, Sidewalks, Urban
- Security
- Smoke Detectors
The record
Property History for 303 Main Street
| Date | Event | Price | Note |
|---|---|---|---|
| May 21, 2019 | Sold | $5,700,000 | |
| Apr 1, 2019 | Listed for sale | $5,395,000 |
No prior MLS sales on record for this home since 2012.
Added by Realatrends Real Estate
Flood, Fire and Earthquake Zones for 303 Main 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 AO, inside 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 23 of 31 residential locations in this census block. Fiber: Spectrum, up to 1,000 Mbps, at 1 of 31. Cable: Spectrum, up to 1,000 Mbps, at 23 of 31.
FCC National Broadband Map, provider-reported data as of December 31, 2025, for census block 060590628003014, not for this address. Not endorsed by the FCC. Checked October 15, 2026.
- EV charging
Nearest public charger 1.1 miles away (Tesla Destination, 2 Level 2 ports). 154 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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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
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Listed by Steven Brombal of Kidder Mathews of California
Listing information updated Apr 30, 2021 at 9:53 AM 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.