Exceptional Balboa Peninsula Triplex Steps from the Ocean and Bay!A rare opportunity to own an income-producing triplex on one of Newport Beachs 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 patiothe largest on the block**perfect for entertaining or maximizing tenant appeal.Upper Unit (126 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 peek-a-boo ocean viewideal for professionals, couples, or as a premium vacation rental.Lower Unit (126 E Balboa Blvd) 1 Bedroom | 1 Bathroom. Compact, efficient, and beautifully updated, the lower unit offers a cozy living space and kitchen, with laundry conveniently located in the attached garage.All units have been upgraded and are well maintained, making this property truly turnkey and ready for immediate cash flow. With its unbeatable locationclose to Balboa Pier, Balboa Village, the Fun Zone, and the iconic Balboa Ferrythis triplex enjoys consistent tenant demand and strong year-round occupancy. Immediate income all units occupied on month-to-month leases. Prime location short walk to sand, surf, and bay. High rental potential flexible use for long-term, short-term, or owner-occupied investment. Rare Peninsula find upgraded, air-conditioned, and well maintainedWhether youre an investor expanding your portfolio or a buyer seeking a beachside income property with exceptional upside, 126 E Balboa Blvd is the one to see. Invest where everyone wants to stayand earn while you plan your next move.
Source: School Digger
Source: Public Records
Source: Sperling's Best Places
27/100
Walk Score ®
42/100
Bike Score ®
The average walkability score in the surrounding area is Walk Score: 51/100, Transit Score: 24/100, Bike Score: 56/100.
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Source: Realty.com
126 E Balboa, Newport Beach, CA 92661 is a Triplex, Residential Income property listed for $3,498,000 The property is 2000 sq. ft with - bedrooms and 0 bathrooms
Realty.com has 61 photos of 126 E Balboa.
Our records indicate that 126 E Balboa was built in 1912.
The full address for this home is 126 E Balboa, Newport Beach, CA 92661.
126 E Balboa has been listed on Realty.com since Mon October 13, 2025
Most errands require a car. It is possible to get on a bus. Minimal bike infrastructure.
The average walkability score in the surrounding area is Walk Score: 51/100, Transit Score: 24/100, Bike Score: 56/100.
There are 3 schools assigned to this home. Check out the schools near 126 E Balboa. Newport Elementary School (Grades: PK - 6), Horace Ensign Intermediate School (Grades: 7 - 8), Newport Harbor High School (Grades: 9 - 12)
Listing provided courtesy of:
Berkshire Hathaway Homeservices California Realty
(tel: 951-363-0002)
Listing agent:
Vinod Desar
(tel: 951-533-7525)
(#IDESAVIN)
This content last refreshed on 2025-11-29 16:32:52. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Export listing data of 126 E Balboa, Newport Beach, CA 92661 : MLS# IV25238475
