1126 E Balboa Blvd, Newport Beach, CA 92661
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1126 E Balboa Blvd Newport Beach, CA 92661

$25,000
  • 3 Beds
  • 2.5 Baths
  • 2,185 Sq.Ft.
For Lease
$25,000 Get Pre-Qualified

Map preview of 1126 E Balboa Blvd, Newport Beach, CA 92661

Property Overview: 1126 E Balboa Blvd Newport Beach, CA has 3 bedrooms, 2.5 bathrooms, 2,185 living square feet and 4,620 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: A rare lease opportunity sits on the water at 1126 East Balboa Boulevard on the highly coveted Newport Beach Peninsula. This can be a long term lease at $25,000/month. Featuring three bedrooms and two and a half bathrooms, the floor plan is great for every day beach living and entertaining. An open kitchen allows for views of the double-sized deck, private dock, and bay from every angle of the main level. The deck leads to a 72ft private dock which can hold up to an 80 ft boat and is the ideal place to watch the boats pass by, sunsets or enjoy the city lights at night. Entirely remodeled throughout with brand new oak hardwood flooring, a bunk room, and marble tiling in each of the bathrooms makes this home move-in ready. Within walking distance of the Wedge, the Ferry and some of the West Coast's best beaches, this is truly a one of a kind rental opportunity on the water.

Listed by Kimberly Bibb | BRE #01210754 | Villa Real Estate
Last checked: 1 month ago | Last updated: March 29th, 2023 | Source CRMLS | DOM: 178

Home details

Lot Sq. Ft
4,620
HOA Dues
$0/mo
Year built
1981
Garage
2 Car
Property Type:
Single Family Home
Status
Active
MLS#
NP22247417
City
Newport Beach
County
Orange
Time on Site
186 days

Open Houses for 1126 E Balboa Blvd

No upcoming open houses

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Property Details for 1126 E Balboa Blvd

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • No Heating
  • None
Laundry Information
  • Has Laundry
  • Individual Room, Inside
Fireplace Information
  • Has Fireplace
  • Living Room, Master Bedroom
Room Information
  • Downstairs Bedrooms: 0
  • Downstairs Bathrooms: 1
  • Eating Area: Area
  • All Bedrooms Up
Kitchen Information
  • Has Appliances
  • Refrigerator
Bathroom Information
  • # of Baths (Full): 2
  • # of Baths (1/2): 1
  • # of Baths (1/4): 0
  • # of Baths (3/4): 0
Interior Features
  • Levels: Two
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Attached Garage
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
Property Information
  • Has View
  • View: Ocean
  • Common Walls: No Common Walls
  • Total # of Units: 1
  • Parcel Number: 04815158
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is not Attached
  • Property Condition: Turnkey
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • No Assessments
  • Assessments: None
Schools
School Information
  • High School District: Newport Mesa Unified
Location / Neighborhood
Location Information
  • Subdivision Name: Balboa Peninsula Point (BLPP)
  • Directions: Balboa Blve.
Neighborhood Information
  • Community Features: Curbs
View more facts & features

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Sale History for 1126 E Balboa Blvd

Last sold for $4,300,000 on February 16th, 2021
  • November, 2022

  • Nov 28, 2022

    Date

    Active

    CRMLS: NP22247417

    $40,000

    Price

  • February, 2021

  • Feb 17, 2021

    Date

    Sold

    CRMLS: NP21033003

    $4,300,000

    Price

  • Feb 17, 2021

    Date

    Active

    CRMLS: NP21033003

    $4,300,000

    Price

  • Listing provided courtesy of CRMLS

    Property sold before coming on the market for lot value. Input in the MLS for comp purposes.

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Tax History for 1126 E Balboa Blvd

Assessed Value (2020): $1,443,945
Year Land Value Improved Value Assessed Value
2020 $1,095,453 $348,492 $1,443,945

Home Value Compared to the Market

This property vs the competition

1126 E Balboa Blvd is currently listed for lease in the city of Newport Beach. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Newport Beach has a median list price of $3,995,000. The median price per/sqft for Newport Beach is $1,394. With those numbers in mind, if you are looking to purchase a median priced home in Newport Beach, CA and put 20% down you will need to save up $799,000 for the down payment and will need roughly $79,900 for closing costs on top of the down payment.

About 1126 E Balboa Blvd

Detailed summary of property

1126 E Balboa Blvd is a single family home for lease located in Newport Beach, CA 92661. This house offers 3 bedrooms, 2.5 bathrooms, roughly 2,185 living square feet, and sits on an approximately 4,620 square foot lot. 1126 E Balboa Blvd was first listed on ArdentRealEstateGroup.com on November 28, 2022. The homeowner is currently asking $25,000. Local competing homes currently for lease include 1584 E Ocean Blvd, 423 E Edgewater and 314 Amethyst. While the average home in Newport Beach, CA is selling in 125 days, 1126 E Balboa Blvd has a days on market of 178 days. There are currently 196 homes for sale in the Newport Beach real estate market and 146 of them are single family homes while 39 of them are condos and 11 are townhomes. For more information on this home for lease at 1126 E Balboa Blvd Newport Beach, CA 92661 contact Ardent Real Estate Group and we will put you in touch with one of our Newport Beach agents.

Public Facts for 1126 E Balboa Blvd

Public county record property details
Beds
2
Baths
2
Year built
1981
Sq. Ft.
2,185
Lot Size
4,620
Stories
2
Type
Single Family Residential
Pool
No
Spa
No
County
Orange
Lot#
14
APN
048-151-58

The source for these homes facts are from public records.

92661 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$6,750,000
Median List Price/Sq.Ft.
$2,893
Median Sold Price
$4,350,000
Median Sold Price/Sq.Ft.
$2,757
Total Inventory
31
Median Sale to List Price %
90.72%
Avg Days on Market
14
Loan Type
Conventional (25%), FHA (0%), VA (0%), Cash (75%), Other (0%)

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Related Resources to 1126 E Balboa Blvd

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.