217 E Balboa Boulevard, Newport Beach, CA

$2,995,000

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2

Beds

1

Bath

0.06

Acres

About 217 E Balboa Boulevard

2 units one house off the sand with a peek a boo view of the ocean. These 2 units (upper and lower) are licensed short-term rentals with the city of Newport Beach. Located 2 blocks from the ferry and one block from the pier, and walking distance to the fun zone! It doesn't get much better just off the sand. Occupy one and rent the other, or enjoy the income from short-term rental. The lower unit has an outdoor front patio and a 2-car garage off the alley behind the unit. The upper unit has a large front deck and a rear deck with a peak a boo view of the ocean and a 1-car garage. Both units feature a living room, dining area, open kitchen, and two large bedrooms with a full bath and shower. There is a common laundry room with a washer and dryer that are included. As a short-term rental, these units come fully furnished with all the essentials, including TVs, bedding, kitchenware, and more. You can move right in or keep it as an investment opportunity that only Newport Beach can offer. The city is no longer issuing short-term rental permits, so this is your opportunity to assume the existing permits. The schools are among the most distinguished in the county, and the weather cannot be beat!

Features of 217 E Balboa Boulevard

MLS® # PW25145412
Price $2,995,000
Bedrooms 2
Bathrooms 1.00
Acres 0.06
Type Residential Income
Sub-Type Res Income 2-4 Units
Status Closed

Community Information

Address 217 E Balboa Boulevard
Area OC - NEWPORT BEACH (92661)
Subdivision BALBOA PENINSULA
City Newport Beach
County Orange
State CA
Zip Code 92661

Amenities

Is Waterfront No
Has Pool No
Pool N/K

Interior

Cooling N/K
Fireplace Yes
Stories 2 Story

Exterior

Lot Description Curbs,Sidewalks
Roof Composition
Construction Wood

Additional Information

Date Listed July 3rd, 2025
Days on Market 47
Zoning Assessor
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeRicci Realty

Listing Map

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