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Meeko Li

meekorealtor@gmail.com +1(408) 458-6383

Listed by Giovanne Helou, DRE #02068352 • The Oppenheim Group

$ 5,695,000

Est. payment -/mo

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1609 E Balboa BLD Newport Beach, CA 92661

2,572 Sqft Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID CROC26199394

Style Craftsman,Cape Cod

Year Built 1949

Lot Size 2,572 Sqft

Property Sub-Type Fourplex

Source California Regional MLS

Property 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. 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 configuration-an 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 at

Location

State CA

County Orange

Area Np - Balboa Peninsula

Rooms

Kitchen Dishwasher, Freezer, Garbage Disposal, Microwave, Other, Pantry, Oven Range - Gas, Refrigerator, Built-in BBQ Grill

Interior

Heating Wall Furnace

Cooling Other, Window / Wall Unit, Central Forced Air - Electric

Laundry In Laundry Room, Laundry Area, Other, Community Facility

Exterior

Parking Features Private / Exclusive, Garage, Other

Garage Spaces 3.0

Pool 31, None

Building

Water District - Public

Architectural Style Craftsman, Cape Cod

Others

Tax ID 04819108

Special Listing Condition Not Applicable

Meeko Li

Agent License ID: 01855766

+1(408) 458-6383

Meeko Li

1609 E Balboa BLD Newport Beach, CA 92661

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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1609 E Balboa BLD