1609 E Balboa Boulevard, Newport Beach, CA 92661
- 4 beds
- 4 baths
- 2,800 sq ft
- Built 1949
This property is also on the market under MLS OC26199394 (Residential Income).
The home
About 1609 E Balboa Boulevard
**Maximize your portfolio with this rare turnkey four-unit offering in coveted Peninsula Point, just moments from both the beach and bay.** 1609 E Balboa Blvd presents a meticulously maintained and extensively upgraded property in one of Newport Beach’s most desirable coastal enclaves, generating $186,120 in annual gross scheduled income. The property features four one-bedroom, one-bathroom residences, offering an exceptional combination of investment potential, quality, and quintessential Newport Beach lifestyle. Three units were fully remodeled in 2021, while the lower unit underwent a complete renovation in 2025 with the level of quality and finish found in a newly built luxury Newport Beach home. Designed with the owner in mind, Unit D features high-end finishes throughout, a split-system AC, and a floor plan that can easily be converted to a two-bedroom configuration—an especially appealing option for an owner-user seeking a refined coastal residence. The building is exceptionally turnkey and thoughtfully maintained, with substantial upgrades throughout. Two sets of stackable washers and dryers serve the property, and upgraded tankless water heaters were installed in 2022. Each unit has separate electricity and gas, while the owner pays for water and trash, as well as common-area laundry expenses. Three units each include an attached one-car garage, providing highly coveted off-street parking and additional storage. A charming shared front patio with seating and BBQ creates an inviting outdoor gathering space and extends the living experience beyond the individual residences. The location is truly exceptional—within easy walking distance of the beach, bay, restaurants, boutiques, schools, and the world-famous Wedge Beach. Enjoy morning walks along the sand, afternoons on the bay, or the vibrant dining and coastal lifestyle that makes the Balboa Peninsula so sought-after. Peninsula Point is celebrated for its iconic community traditions, including the Christmas Boat Parade and Fourth of July festivities, as well as its proximity to the private Bay Beach and tennis club. Rarely does a property offer this combination of four turnkey residences, owner-quality renovation, parking, outdoor space, and an irreplaceable coastal location. 1609 E Balboa Blvd is a distinctive Newport Beach offering with the flexibility to enjoy as an investment, personal retreat, or both—a truly special opportunity in one of the coast’s most prized neighborhoods.
Property details for 1609 E Balboa Boulevard
This 4-bedroom, 4-bath fourplex sits in the Balboa Peninsula Point neighborhood of Newport Beach in Orange County. It has 2,800 square feet of living space and is listed at $5,695,000, about $2,034 per square foot. The home was built in 1949. The MLS record lists the assessor parcel number as 048-191-08. Highlights include city lights views, a fireplace, an attached three-car garage, air conditioning, an updated home, and Cape Cod architecture.
Photographs
Photos of 1609 E Balboa Boulevard, Newport Beach
Specifications
Home Details
General Features
- Property Type
- Quadruplex
- MLS Number
- OC26207974
- Year Built
- 1949
- Living Area (sq ft)
- 2,800
- Living Area Source
- Estimated
- Lot Size (sq ft)
- 2,572
- Lot Size (acres)
- 0.059
- Levels
- Two
- Bedrooms
- 4
- Full Baths
- 4
- Garage Spaces
- 3
- Parking Spaces
- 3
- View
- City Lights
- Parcel Number
- 04819108
- On Market Date
- 2026-09-23
- Listing Terms
- Standard
Interior Features
- Interior Features
- Built In Features, Ceiling Fans, Crown Molding, High Ceilings, Open Floorplan, Pantry, Paneling Wainscoting, Stone Counters, Storage
- Appliances
- Barbecue, Convection Oven, Dishwasher, Freezer, Disposal, Gas Range, Microwave, Refrigerator
- Flooring
- Carpet, Vinyl, Wood
- Heating
- Wall Furnace
- Cooling
- Electric, See Remarks, Wall Window Units
- Fireplace
- Family Room, Living Room
- Laundry
- Common Area, Inside, Laundry Room
- Main Level Bedrooms
- 1
- Main Level Bathrooms
- 1
- Entry Level
- 1
- Common Walls
- No Common Walls
- Accessibility
- Safe Emergency Egress From Home
- Rooms
- Other
Exterior Features
- Architectural Style
- Cape Cod, Craftsman
- Exterior Features
- Barbecue
- Construction
- Stucco
- Lot Features
- Two To Five Units Acre
- Parking
- Garage, Private, Garage Faces Rear, See Remarks
- Pool Features
- None
- Spa
- None
- Sewer
- Public Sewer
- Water
- Public
- Utilities
- Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
- Condition
- Updated Remodeled, Turnkey
- Units
- 4
Community Features
- Subdivision
- Balboa Peninsula Point (BLPP)
- Community Features
- Biking, Curbs, Street Lights, Sidewalks, Fishing
The record
Property History for 1609 E Balboa Boulevard
| Date | Event | Price | Note |
|---|---|---|---|
| Sep 23, 2026 | Listed for sale | $5,695,000 | |
| Dec 20, 2021 | Sold | $3,850,000 | The Oppenheim Group |
| Jul 24, 2020 | Sold | $2,200,000 | Coldwell Banker Realty |
Added by Realatrends Real Estate
Flood, Fire and Earthquake Zones for 1609 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 23 of 25 residential locations in this census block. Cable: Spectrum, up to 1,000 Mbps, at 25 of 25. Fixed wireless: GeoLinks, up to 1,000 Mbps, at 4 of 25.
FCC National Broadband Map, provider-reported data as of December 31, 2025, for census block 060590628001030, not for this address. Not endorsed by the FCC. Checked October 15, 2026.
- EV charging
Nearest public charger 0.9 miles away (5 Level 2 ports). 146 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$
$43,645/mo
10% down · 30-year fixed · $569,500 down
Principal & interest$34,722
Mortgage insurance (est., over 80% LTV)$2,136
Property tax (est. 1.08%)$5,126
Home insurance (rough est., varies widely)$1,661
HOANot reported, not included
$37,651/mo
20% down · 30-year fixed · $1,139,000 down
Principal & interest$30,864
Property tax (est. 1.08%)$5,126
Home insurance (rough est., varies widely)$1,661
HOANot reported, not included
$33,793/mo
30% down · 30-year fixed · $1,708,500 down
Principal & interest$27,006
Property tax (est. 1.08%)$5,126
Home insurance (rough est., varies widely)$1,661
HOANot reported, not included
Estimated carrying cost
$6,787/mo
All cash · taxes and insurance only
Principal & interestNone (cash purchase)
Property tax (est. 1.08%)$5,126
Home insurance (rough est., varies widely)$1,661
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 1609 E Balboa Boulevard
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Selling near 1609 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.
See homes for sale in Balboa Peninsula Newport Beach housing market
Schools
School District for 1609 E Balboa Boulevard
As listed in the MLS record. Confirm attendance boundaries with the school district.
The MLS record lists the school district as Newport Mesa Unified.
Living in Newport Beach covers its schools, parks and beaches.
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Listed by Giovanne Helou of The Oppenheim Group
Listing information updated Sep 24, 2026 at 6:14 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.