$2,998,000
126 E BalboaNewport Beach, CA 92661Balboa Peninsula (Residential)
514 W Balboa, Newport Beach, CA 92661
- 2,364 sq ft
- Built 1964
This property is also on the market under MLS SR26213154 (Residential Lease).
The home
About 514 W Balboa
Rare coastal investment property located on West Balboa Boulevard, directly across from the beach and boardwalk in the highly desirable Balboa Peninsula. This classic two-story mixed-use building offers diversified income in one of Southern California’s most sought-after beachfront markets.
The upper level features two residential units currently tenant-occupied, providing steady residential income and the flexibility for future owner occupancy or continued rental operations. The ground floor is leased to an established restaurant tenant, delivering consistent commercial cash flow and benefiting from strong foot traffic in this prime coastal corridor.
• Prime beachfront location near the Balboa Pier, Fun Zone, shops, and dining
• Mixed-use zoning supporting both residential and commercial use
• Two income-producing residential units upstairs
• Tenant-occupied restaurant space on the ground floor
• Potential roof terrace and outdoor space adding lifestyle and value appeal
This property presents an exceptional opportunity for investors seeking immediate income from both residential and commercial tenants, while also offering the option for an owner to occupy a residential unit in the future. Positioned in a high-visibility, high-demand coastal market, this asset combines long-term stability with upside potential in a truly premier Newport Beach location.
Property details for 514 W Balboa
This home sits in the Balboa Peninsula (Commercial) neighborhood of Newport Beach in Orange County. It has 2,364 square feet of living space and is listed at $2,995,000, about $1,267 per square foot. The home was built in 1964. The MLS record lists the assessor parcel number as 048-071-10. Highlights include peek-a-boo ocean and city lights views, a four-car garage, and a turnkey home.
Photographs
Photos of 514 W Balboa, Newport Beach
Specifications
Home Details
General Features
- Property Type
- Mixed Use
- MLS Number
- SR25278723
- Year Built
- 1964
- Lot Size (sq ft)
- 2,178
- Lot Size (acres)
- 0.05
- Levels
- Two
- Garage Spaces
- 4
- Parking Spaces
- 4
- View
- City Lights, Ocean, Peek A Boo
- Parcel Number
- 04807110
- On Market Date
- 2026-01-18
- Listing Terms
- Standard
Interior Features
- Interior Features
- Beamed Ceilings, Block Walls, In Law Floorplan, All Bedrooms Up
- Laundry
- Common Area, Electric Dryer Hookup, Gas Dryer Hookup, In Garage
- Entry Level
- 1
- Common Walls
- No Common Walls
- Rooms
- Bedroom
Exterior Features
- Exterior Features
- Barbecue
- Roof
- Common Roof
- Construction
- Block
- Foundation
- Slab
- Lot Features
- Near Park, Rectangular Lot
- Parking
- Assigned, Door Multi, Garage
- Pool Features
- None
- Sewer
- Public Sewer
- Water
- Public
- Utilities
- Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Underground Utilities, Water Connected
- Condition
- Turnkey
- Faces
- Southwest
- Units
- 3
Community Features
- Subdivision
- Balboa Peninsula (Commercial) (BPCD)
- Community Features
- Biking, Dog Park, Hiking, Storm Drains, Street Lights, Sidewalks, Water Sports, Fishing, Park
The record
Property History for 514 W Balboa
| Date | Event | Price | Note |
|---|---|---|---|
| Mar 9, 2026 | Price reduced | $2,995,000 | From $3,195,000 |
| Jan 18, 2026 | Listed for sale | $3,195,000 | |
| Mar 3, 2022 | Sold | $2,393,000 | Homecoin.com |
| Apr 15, 2015 | Sold | $1,165,000 | Villa Real Estate |
Added by Realatrends Real Estate
Flood, Fire and Earthquake Zones for 514 W Balboa
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 13 of 13 residential locations in this census block. Fiber: Spectrum, up to 1,000 Mbps, at 2 of 13. Cable: Spectrum, up to 1,000 Mbps, at 12 of 13.
FCC National Broadband Map, provider-reported data as of December 31, 2025, for census block 060590628004011, not for this address. Not endorsed by the FCC. Checked October 15, 2026.
- EV charging
Nearest public charger 0.9 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
Cost of ownership
Estimated monthly payment
7.18% · 30-yr fixed$
$22,953/mo
10% down · 30-year fixed · $299,500 down
Principal & interest$18,260
Mortgage insurance (est., over 80% LTV)$1,123
Property tax (est. 1.08%)$2,696
Home insurance (rough est., varies widely)$874
HOANot reported, not included
$19,801/mo
20% down · 30-year fixed · $599,000 down
Principal & interest$16,231
Property tax (est. 1.08%)$2,696
Home insurance (rough est., varies widely)$874
HOANot reported, not included
$17,772/mo
30% down · 30-year fixed · $898,500 down
Principal & interest$14,202
Property tax (est. 1.08%)$2,696
Home insurance (rough est., varies widely)$874
HOANot reported, not included
Estimated carrying cost
$3,570/mo
All cash · taxes and insurance only
Principal & interestNone (cash purchase)
Property tax (est. 1.08%)$2,696
Home insurance (rough est., varies widely)$874
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 514 W Balboa
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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
Location
Location
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Listed by Levon Nargizyan of HouseIQ
Listing information updated Mar 9, 2026 at 10:13 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.