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Sold

514 W Balboa Boulevard sold on March 3, 2022 for $2,393,000. The details are below for reference.

Mixed UseSold · Mar 3, 2022

514 W Balboa Boulevard, Newport Beach, CA 92661

  • 2,364 sq ft
  • Built 1960

Own 514 W Balboa Boulevard? Request a free home valuation to see what it is worth today.

$2,393,000

MLS# TR21197650

This property is also on the market under MLS SR25278723 (Residential Income), MLS SR26213154 (Residential Lease).

The home

About 514 W Balboa Boulevard

Magnificent mix use building in prime Newport Beach peninsula. Only steps to the beach and bay in a most coveted neighborhood. First commercial level is a fully renovated restaurant with permitted patio leased at $4,500 until June 2023. Can also be modified into two NNN rentals. There is also three separate one car garages for each tenant. Second residential level consists of two furnished units rented month to month, 2 bedroom one bath at $3,600 (was rented for $3200) and a one bedroom one bath at $2,600 per month. Third level consists of a very large shared rooftop deck with some beach and city views.

Property details for 514 W Balboa Boulevard

This home sits in the Balboa Peninsula (Commercial) neighborhood of Newport Beach in Orange County. It has 2,364 square feet of living space. The home was built in 1960. 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.

Specifications

Home Details

General Features

Property Type
Mixed Use
MLS Number
TR21197650
Year Built
1960
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
2021-09-09
Zoning
C1
Listing Terms
Standard

Interior Features

Interior Features
Beamed Ceilings, Block Walls, In Law Floorplan, All Bedrooms Up
Laundry
Common Area, Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, In Garage
Common Walls
No Common Walls

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, Phone Available, 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 Boulevard

DateEventPriceNote
Mar 3, 2022 Sold $2,393,000
Feb 25, 2022 Status changed to Pending From Active
Oct 26, 2021 Price increased $2,499,000 From $2,399,000
Oct 25, 2021 Price increased $2,399,000 From $2,395,000
Sep 9, 2021 Listed for sale $2,395,000
Apr 15, 2015 Sold $1,165,000 Villa Real Estate

Added by Realatrends Real Estate

Flood, Fire and Earthquake Zones for 514 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 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

Next steps

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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.

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Listed by Jonathan Minerick of Homecoin.com

Listing information updated Jul 25, 2023 at 8:03 PM PT. Source: CRMLS.

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