1609 E Balboa Boulevard, Newport Beach, CA 92661
Local realty services provided by:CENTURY 21 Masters
1609 E Balboa Boulevard,Newport Beach, CA 92661
$5,695,000
- 4 Beds
- 4 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: giovanne helou, lisa helou
Office: the oppenheim group
MLS#:OC26199394
Source:San Diego MLS via CRMLS
Price summary
- Price:$5,695,000
About this home
**Maximize your portfolio with this rare turnkey A+ 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 Beachs most desirable coastal enclaves. 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 configurationan 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 exceptionalwithin easy...
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Home facts
- Subdivision & Development:Balboa Peninsula Point (BLPP)
- Listing ID #:OC26199394
- Added:30 day(s) ago
- Updated:October 24, 2026 at 02:17 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:4
Heating and cooling
- Cooling:Wall/Window
Structure and exterior
- Construction Materials:Stucco
- Levels:2 Story
Finances and disclosures
- Price:$5,695,000
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