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Sold

308 Alvarado Place sold on June 26, 2023 for $2,695,000. The details are below for reference.

DuplexSold · Jun 26, 2023

308 Alvarado Place, Newport Beach, CA 92661

  • 2,647 sq ft
  • Built 1953

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$2,695,000

MLS# OC23094304

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 308 Alvarado Place

Perfectly situated between the beach and the bay, this charming duplex offers all of the essentials enjoy the best of coastal living with its premiere location and flexible floor plan. The upper owners unit consists of 2 bedrooms and 2 bathrooms plus a den or entertainment area, an office loft, sleeping loft and 2 outdoor patios one with a peak view of the bay. The lower unit offers two bedrooms, 1 bath and open onto a front patio. With close proximity to the beach, the bay and the Balboa Fun Zone, this represents an investment opportunity or an opportunity for an owner-user to enjoy the beach lifestyle in Newport Beach while enjoying additional income from the additional unit.

Property details for 308 Alvarado Place

This duplex sits in the Balboa Peninsula (Residential) neighborhood of Newport Beach in Orange County. It has 2,647 square feet of living space. The home was built in 1953. The MLS record lists the assessor parcel number as 048-102-36. Highlights include a two-car garage.

Specifications

Home Details

General Features

Property Type
Duplex
MLS Number
OC23094304
Year Built
1953
Lot Size (sq ft)
2,178
Lot Size (acres)
0.05
Levels
Three Or More
Garage Spaces
2
Parking Spaces
2
View
Peek A Boo
Parcel Number
04810236
On Market Date
2023-05-30
Listing Terms
Standard

Interior Features

Heating
Central
Cooling
None
Fireplace
None
Laundry
In Garage
Entry Level
1
Common Walls
One Common Wall

Exterior Features

Lot Features
Rectangular Lot
Parking
Direct Access, Garage
Pool Features
None
Spa
None
Sewer
Public Sewer
Water
Public
Units
2

Community Features

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

The record

Property History for 308 Alvarado Place

DateEventPriceNote
Jun 26, 2023 Sold $2,695,000
Jun 5, 2023 Status changed to Active Under Contract From Active
May 30, 2023 Listed for sale $2,695,000

No prior MLS sales on record for this home since 2012.

Added by Realatrends Real Estate

Flood, Fire and Earthquake Zones for 308 Alvarado Place

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 30 of 30 residential locations in this census block. Cable: Spectrum, up to 1,000 Mbps, at 30 of 30. DSL: AT&T, up to 10 Mbps, at 1 of 30.

FCC National Broadband Map, provider-reported data as of December 31, 2025, for census block 060590628003009, 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

308 Alvarado Place 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.

Browse Newport Beach homes for saleCall (949) 494-8830

Selling near 308 Alvarado Place

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, Nov 2, 2025 to Nov 2, 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 Ben Pinel of Compass

Listing information updated Jun 27, 2023 at 8:41 PM PT. Source: CRMLS.

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