10 days on rocket

907 E Balboa Blvd, Newport Beach, CA, 92661

$2,995,000

5 Bedrooms
3 Full Baths
1,996 SqFt
$1,501/SqFt
Multi

Location

Image provided by Mapbox

Property Highlights

Home TypeDuplex
Attached Garage4 spaces
Year Built1977
CoolingNone
FireplaceLiving Room
ViewNone
MLS #OC24227123
Lot Size0.06 Acres
StatusActive

About 907 E Balboa Blvd

Discover the perfect coastal investment opportunity with this charming duplex, ideally located just a block from the beach. This spacious property offers two separate units, making it perfect for both investors and those looking to enjoy the beach lifestyle while generating rental income. The upstairs unit features 3 bedrooms and 2 bathrooms. It also features vaulted ceilings, upgraded surfaces and a private balcony on both the front and rear of the property. The downstairs unit offers 2 bedrooms and 1 bathroom and a private covered patio, making it a cozy retreat with easy access to all the area has to offer. A standout feature of this property is the rare 4-car tandem parking, ensuring convenience for both residents and guests. The lot spans 2,614 square feet, with a living area of 1,996 square feet across both units. Located only feet from the beach, Balboa Pier, Fun Zone, and the ferry to Balboa Island, this duplex offers an unbeatable lifestyle with endless entertainment, dining, and shopping options. Whether you're looking to live in one unit and rent the other, or capitalize on a full rental opportunity, this property is a rare find in a highly sought-after location. Don't miss your chance to own a piece of coastal paradise.

Property Details

Property Features

Property Information:

  • Year Built: 1977
  • Stories: 2
  • Living Area: 1,996 SqFt

Listing Office:

  • Office Name: Compass
  • Office Phone: (949) 630-8108
  • Listing Agent: Troy Seeber

Interior Features

Interior Information:

  • Appliances: Electric Cooktop, Disposal
  • Flooring Type: Vinyl
  • Interior: Bedroom on Main Level, Primary Suite
  • Fireplace: Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: None

Parking Information:

  • Garage Space: 4 spaces
  • Attached Garage: Yes

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.06 Acres

Utilities

Utilities Information:

  • Cooling: None

Other

Directions Information:

  • Directions: 907 E Balboa Blvd, Newport Beach. Parking by park.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,995,000
  • Price Per SqFt: $1,501/SqFt

Tax Information:

  • Annual Amount: $3,314
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Newport Beach, CA.

Med. Sold Price

$3.4M

Med. Price/SqFt

$1,427

Avg. Days On Market

50

# of Sold Homes

68

907 E Balboa Blvd vs Newport Beach

10 DAYS ON ROCKET

-40 Days

$2,995,000

-$480K Less

$1,501/SqFt

+$74 More

KEY TAKEAWAY

This property is $480K less than the Median Sold Price and $74/SqFt more than other homes in Newport Beach, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #OC24227123

Listing Office:

  • Office Name: Compass
  • Office Phone: (949) 630-8108
  • Listing Agent: Troy Seeber

IDX Based on information from California Regional Multiple Listing Service, Inc. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/15/2024, 5:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$3,314$273,854
2020$3,280$271,046
2019$3,159$265,732
2018$3,159$260,522
2017$3,104$255,414

History based on county public records data.

Payment Calculator

$15K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$9,046

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-3552
8
/10
  • Newport Elementary School

  • 1327 W Balboa Blvd

  • 1.20 miles

  • Public District Grades KG-6

school-card-donut-3553
9
/10
  • Harbor View Elementary School

  • 900 Goldenrod Ave

  • 1.67 miles

  • Public District Grades KG-6

school-card-donut-3554
7
/10
  • Mariners Elementary School

  • 2100 Mariners Dr

  • 2.11 miles

  • Public District Grades KG-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $81,301. Typical income of Newport Beach, CA residents is between $35k-100k annually. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

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Rocket HomesCaliforniaOrange CountyNewport Beach92661907 E Balboa Blvd

This home is located at 907 E Balboa Blvd in Newport Beach, CA and zip code 92661 in the Balboa Peninsula neighborhood. This 1,996 square foot home, which was built in 1977, sits on a 0.06 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 05, 2024 and is currently priced at $2,995,000.

Newport Beach, CA housing market in October 2024 saw over 6 listings sold above listed price, more than 10 sold at listed price and over 52 sold below. The number of homes for sale in Newport Beach, CA increased by 2.6% between September 2024 and October 2024. In October 2024, listings were on the market for 50 days. During the same period, the median list price in this real estate market was $3,475,000.

From Rocket Homes Real Estate and based on county public records data.

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