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419 E Balboa, Newport Beach, CA 92661

$5,385,000
  • 419 E Balboa, Newport Beach, CA 92661 Main Photo

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Active
BEDS6 BATHS2 full 2 partial SQUARE FEET3,455 MLS#NP26117423
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONBalboa Peninsula (Residential) (BALP) SCHOOLNewport Mesa Unified

Listing Courtesy of: Serhant California, Inc
Agency Phone: 404-713-8008
Associate Name: Tyler Brown
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Listing Shown by: Farrell Smyth, Inc.
Agency Phone: 805-543-2172


Property Description

One house from the boardwalk. Two fully independent residences, built and finished to a single standard of quality, on one of the Balboa Peninsula's most coveted blocks. The primary residence at 419 E Balboa is ground-up newer construction, completed in 2017 across three thoughtfully designed levels. Three bedrooms, four bathrooms, private elevator, and a rooftop deck with open ocean and Balboa Pier views that redefine what it means to live on the Peninsula. The upper-level living space opens seamlessly to the outdoors, offering light, air, and water in every direction. This is a well-executed home perfectly positioned just one house from the boardwalk. The second residence at 417 E Balboa is a completely renovated three-bedroom, three-bathroom home with a private office, rebuilt and refreshed to a high standard. It features hardwood floors on the upper level, luxury porcelain tile on the lower, spacious bedrooms, an office, and a main-level primary bedroom. Fully independent and turnkey, 417's existing layout?with dual living areas, a full kitchen, and a kitchenette across its two levels?lends itself naturally to a range of income strategies, including ADU conversion on the lower level potentially creating a multi-unit rental opportunity. The property is also zoned for short term rentals, with permit availability subject to the City's current waitlist. Together: 6 bedrooms, 7 bathrooms, across over 3,450 interior square feet with ample parking? a genuine rarity on the Peninsula ? and a location one house from the boardwalk. The primary residence delivers the lifestyle. The second delivers the flexibility. That combination, at this location, doesn't come around often.

419 E Balboa | MLS# NP26117423

This multi-family property located at 419 E Balboa, Newport Beach, CA 92661 is currently listed for sale with an asking price of $5,385,000. E Balboa is located within the Newport Mesa Unified school district. Search Newport Beach real estate on www.farrellsmyth.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: CentralAir
Garage: 4 car attached
Heating: Central
Lot Size: 0.07 Acres
Roof Type: Composition, Membrane
Stories: 3.0
Year Built: 2017

Amenities

BreakfastBar
BuiltInFeatures
Balcony
CeilingFans
StoneCounters
BedroomOnMainLevel
PrimarySuite
WalkInClosets

Feature Descriptions

Appliances: SixBurnerStove, DoubleOven, Dishwasher, Freezer, Disposal, GasOven, Refrigerator, RangeHood, WaterSoftener, TanklessWaterHeater, VentedExhaustFan, WaterPurifier
Community Features: Curbs, StormDrains, StreetLights, Suburban, Sidewalks
Days on Site: 7
Exterior: CopperPlumbing
Fireplace: Bath, Gas, LivingRoom
Flooring: Tile, Wood
Laundry: ElectricDryerHookup, GasDryerHookup, LaundryCloset
Lot: NoLandscaping, ZeroLotLine
Parcel#: 04812107
Parking: AttachedCarport, GarageFacesRear
Parking Notes: AttachedCarport, GarageFacesRear
Patio/Porch: Rooftop
Security: FireSprinklerSystem, SmokeDetectors
Sewer: PublicSewer
Spa: None
Special View Info: CityLights, Coastline, Mountains, Neighborhood, Ocean,
Units: 2
Utilities: CableConnected, ElectricityConnected, NaturalGasConnected, PhoneConnected, SewerConnected, WaterConnected
Water: Public
Water Features: OceanSideOfHighway
Window: DoublePaneWindows

Local Schools

High School: Newport Harbor
Middle School: Ensign
Elementary School: Newport
School District: Newport Mesa Unified

Listed By / Shown By

Listed By

Agency Name: Serhant California, Inc
Agent Name: Tyler Brown
Agency Phone: 404-713-8008

Shown By

Agency Title: Farrell Smyth, Inc.
Agency Phone: 805-543-2172

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Estimated Payment

$ 13,555.30 per month $11,984.68 Principal & Interest $0.00 Property Tax (data not provided by mls) $1,570.63 Homeowner's Insurance

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