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Listed by: Giovanne Helou (310) 866-9410 DRE #02068352, Lisa Helou DRE #00624164 | The Oppenheim Group (949) 706-4974
$5,695,000
Monthly Est:$28,346
4 Beds
4 Baths4 full baths
2,800sqft
1609 E Balboa Blvd, Newport Beach, CA 92661
$5,695,000
$28,346/moEst:
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Quadruplex
Built in 1949
$-- HOA
2,572 sqft lot
$2,034/sq.ft
Description
**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 bui...
Continue Reading- Houzeo last checked: 0 minutes ago
- Listing updated: September 23, 2026 at 6:52 pm
- Source: California Regional MLS-CA | MLS#: OC26207974
Part of
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1949
HOA Fees
-
Finished Area
2,800 sqft
Lot Size
2,572 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
OC26207974
MLS Status
Active
Days on Market
1
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Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 4
Bathrooms: 4
Interior
Appliances
Barbecue, Convection Oven, Dishwasher, Freezer, Disposal, Gas Range, Microwave, Refrigerator
Heating
Wall Furnace
Interior Features
Built In Features, Ceiling Fans, Crown Molding, High Ceilings, Open Floorplan, Pantry, Paneling Wainscoting, Stone Counters, Storage
Exterior Features
Barbecue
Flooring
Carpet, Vinyl, Wood
Sewer
Public Sewer
Cooling
Electric, See Remarks, Wall Window Units
Construction
Year Built
Year Built: 1949
Home type
Quadruplex
Property Condition
Updated Remodeled, Turnkey
Architectural Style
Cape Cod, Craftsman
Construction Materials
Stucco
Utilities & Energy
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Pool Features
None
Parking Features
Garage, Private, Garage Faces Rear, See Remarks
Laundry Features
Common Area, Inside, Laundry Room
Water Source
Public
Fireplace Features
Family Room, Living Room
Other Features
Community Features
Biking, Curbs, Street Lights, Sidewalks, Fishing
Disclosures
Flood Plain Disclosure
Subdivision Name
Balboa Peninsula Point (blpp)
Lot Features
Two To Five Units Acre
Price History
| Date | Event | Price |
|---|---|---|
09/23/2026 Source: | Listed for Sale | $5,695,000 +47.92% $2,034/sqft |
12/21/2021 Source: | Price Increased | $3,850,000 +75.00% $1,375/sqft |
07/25/2020 Source: | Price Increased | $2,200,000 +0.23% $786/sqft |
11/20/2019 Source: | Sold | $2,195,000 $784/sqft |
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Based on information from California Regional Multiple Listing Service, Inc. as of Sep 25, 2026, 06:45AM and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.
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