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1140 W Balboa Boulevard sold on May 2, 2023 for $2,375,000. The details are below for reference.

DuplexSold · May 2, 2023

1140 W Balboa Boulevard, Newport Beach, CA 92661

  • 2,250 sq ft
  • Built 1955

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$2,375,000

MLS# OC22233646

Subdivision Balboa Peninsula (Residential)

6 duplexes sold in the past 12 months · median $5,475,000

See homes for sale in Balboa Peninsula

The home

About 1140 W Balboa Boulevard

A unique opportunity to acquire a Residential Duplex on Balboa Boulevard in Newport Beach, CA. The Residential Duplex consists of a one unit that is comprised of a 3 bedroom / 2 bathroom and another unit that is a 2 bedroom /1 bathroom. Both units are currently on MTM Leases at below market rent, which allows an investor the opportunity to bring the units to market rent. In addition, the duplex currently zoned for R-2, which allows for short term lodging (less than 30 consecutive days) with a city permit.

The subject property is located in Newport Beach, CA, specifically in the affluent neighborhood of Balboa Peninsula. The duplex is ideally located on Balboa Boulevard near 11th street, which is a couple blocks from the beach and the bay. commonly known as the Balboa Peninsula of Newport Beach, CA. The property is within walking distance to Newport Pier, Marina Park, Newport Elementary School, the Balboa Fun Zone and numerous restaurants and shops. The duplex is within a few miles of Hoag Hospital, which regionally and nationally ranked by U.S. News & World Report.

Property details for 1140 W Balboa Boulevard

This duplex sits in the Balboa Peninsula (Residential) neighborhood of Newport Beach in Orange County. It has 2,250 square feet of living space. The home was built in 1955. The MLS record lists the assessor parcel number as 047-263-22. Highlights include single-story living and a two-car garage.

Specifications

Home Details

General Features

Property Type
Duplex
MLS Number
OC22233646
Year Built
1955
Lot Size (sq ft)
3,049
Lot Size (acres)
0.07
Levels
One, Two
Garage Spaces
2
Parking Spaces
2
Parcel Number
04726322
On Market Date
2022-11-02
Listing Terms
Standard

Interior Features

Laundry
In Garage
Common Walls
No Common Walls

Exterior Features

Lot Features
Rectangular Lot
Pool Features
None
Sewer
Public Sewer
Water
Public
Units
2

Community Features

Subdivision
Balboa Peninsula (Residential) (BALP)
Community Features
Sidewalks, Water Sports

The record

Property History for 1140 W Balboa Boulevard

DateEventPriceNote
May 2, 2023 Sold $2,375,000
Apr 21, 2023 Status changed to Pending From Active Under Contract
Feb 27, 2023 Status changed to Active Under Contract From Active
Nov 2, 2022 Listed for sale $2,495,000
Sep 15, 2017 Sold $1,850,000 Arbor Real Estate

Added by Realatrends Real Estate

Flood, Fire and Earthquake Zones for 1140 W 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 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 26 of 26 residential locations in this census block. Cable: Spectrum, up to 1,000 Mbps, at 26 of 26. Fixed wireless: Verizon, up to 300 Mbps, at 26 of 26.

FCC National Broadband Map, provider-reported data as of December 31, 2025, for census block 060590628002026, not for this address. Not endorsed by the FCC. Checked October 15, 2026.

EV charging

Nearest public charger 0.4 miles away (ChargePoint, 2 Level 2 ports). 153 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

1140 W Balboa Boulevard 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.

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Selling near 1140 W Balboa Boulevard

Thinking of selling nearby? We bring current Balboa Peninsula (Residential) sales data and a clear pricing strategy to every listing, backed by more than 700 closed sales and over $1B in Orange County volume. Start with a free home valuation, or reach out to talk through your options.

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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.

Balboa Peninsula (Residential) home sales, past 12 months

Homes sold
6
Median price
$5,475,000
Median days on market
19
Median per sq ft
$2,554

Recorded MLS closings of duplexes, Oct 31, 2025 to Oct 31, 2026. Days on market run from listing to going under contract.

Recent Balboa Peninsula (Residential) sales

AddressClosedPriceSq ftPer sq ftDays on market
5901 Seashore Drive Jul 31, 2026 $9,500,000 3,185 $2,983 40
213 33rd Street May 28, 2026 $2,616,000 1,451 $1,803 7
1204 E Balboa Boulevard Feb 5, 2026 $6,600,000 2,516 $2,623 183
4103 Seashore Jan 8, 2026 $9,200,000 2,724 $3,377 31
4208 River Dec 16, 2025 $4,350,000 1,750 $2,486 6

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Listed by Philip Immel of Pacific Sotheby's International Realty

Listing information updated May 2, 2023 at 12:10 PM PT. Source: CRMLS.

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