Exceptional Balboa Peninsula Triplex – Steps from the Ocean and Bay! A rare opportunity to own an income-producing triplex on one of Newport Beach’s most desirable streets, just 250 feet from the sandy beach and 500 feet from the Newport pier and 700 feet from the Newport Pavilion. Perfect for owner users / investors seeking strong returns, flexible rental options, and long-term appreciation. This fully upgraded property includes three beautifully maintained units, each with its own mini-split A/C system, modern finishes, and private laundry. All three units are currently occupied on month-to-month leases, providing immediate rental income with the flexibility to adjust rents or transition to short-term or seasonal rentals as desired. Front House (126 E Balboa Blvd) – 2 Bedrooms | 1 Bathroom | Fireplace. A bright and inviting front home featuring an open living area with fireplace, upgraded kitchen, detached indoor laundry room, and storage area. The property also boasts an **expansive raised front patio—the largest on the block—**perfect for entertaining or maximizing tenant appeal. Upper Unit (126 ½ E Balboa Blvd) – 1 Bedroom + Loft/Office | 1 Bathroom. This upper-level unit features a light-filled living area, modern kitchen, in-unit laundry, and a private balcony with pee
MLS #
CRIV25238475
MLS Source
California Regional MLS
Days on Site
52
Kitchen
Pantry
Appliances
Dishwasher, Garbage Disposal, Microwave, Other, Oven - Gas, Oven Range - Gas
Flooring
Laminate
Cooling
Central Forced Air - Electric
Heating
Wall Furnace
Roof
Shingle
Foundation
Slab
Pool
None
Style
Bungalow
Garage/Parking
Garage, No Parking, Parking Restrictions, Private / Exclusive, Garage: 1 Car(s)
Water
Other
HOA Fee
$0
Listing Agent
VINOD DESAR
BERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA REALTY
License #: 01899239
Phone: –
Co-Listing Agent
Arianna Anastasia
BERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA REALTY
License #: 02159729
Phone: –
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 3 | 3 |
| Unit # | Sq Ft | Beds | Baths | Rent |
|---|---|---|---|---|
| 1 | 450 | – | 0/0 | – |
| 2 | 1,100 | – | 0/0 | – |
126 E Balboa is a Triplex in Newport Beach, CA 92661. This – square foot property sits on a 2,178 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $3,498,000 and was built in 1912. This address can also be written as 126 E Balboa, Newport Beach, CA 92661.
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This listing information is up-to-date as of November 15, 2025. For the most current information, please contact VINOD DESAR