Opportunity awaits! Located one house off of the boardwalk, this massive three story OCEAN VIEW TRIPLEX is a great investment opportunity. Built to maximize the allowed building parameters of the early 1970s, this towering, steps-to-sand property boasts 9 bedrooms, 6 bathrooms and approximately 4,000 square feet of livable space. Each of the units are 3 bedroom and 2 baths, with 1 car parking in the carport, living room fireplaces and shared laundry. The ground floor unit has a cozy patio space out front and a side patio. The upper two units have front, side and rear patios and balconies. The top floor units has vaulted ceilings and water views, and additionally there is a deck on the roof. Long term renters are currently in place, however the units are largely vintage and there is substantial room for upgrades. A fantastic opportunity for an investor either looking for stable income now, or for an exciting remodeling project.
Multi-familyProperty Type
1971Year Built
3,049 sq ftLot Size
$638Price/Sq.Ft.
3 spacesParking
Listed by PAMELA WHITE•DRE #00846638• NEWPORT HARBOR PROPERTIES
Listed by Art White•DRE #01905655• NEWPORT HARBOR PROPERTIES
Bought with Baylee Leavitt•DRE #02098105• NEWPORT HARBOR PROPERTIES
Bought with Art White•DRE #01905655• NEWPORT HARBOR PROPERTIES
Opportunity awaits! Located one house off of the boardwalk, this massive three story OCEAN VIEW TRIPLEX is a great investment opportunity. Built to maximize the allowed building parameters of the early 1970s, this towering, steps-to-sand property boasts 9 bedrooms, 6 bathrooms and approximately 4,000 square feet of livable space. Each of the units are 3 bedroom and 2 baths, with 1 car parking in the carport, living room fireplaces and shared laundry. The ground floor unit has a cozy patio space out front and a side patio. The upper two units have front, side and rear patios and balconies. The top floor units has vaulted ceilings and water views, and additionally there is a deck on the roof. Long term renters are currently in place, however the units are largely vintage and there is substantial room for upgrades. A fantastic opportunity for an investor either looking for stable income now, or for an exciting remodeling project.
Year
Property tax
Land + Additions
Assessment*
2025
$30,325 (−0.2%)
$2,597,837 + $216,485
$2,814,322
2024
$30,393 (+1.1%)
$2,597,837 + $216,485
$2,814,322
2023
$30,067 (+2.1%)
$2,546,899 + $212,241
$2,759,140
2022
$29,456 (+0.9%)
$2,496,960 + $208,080
$2,705,040
2021
$29,193 (+487.8%)
$2,448,000 + $204,000
$2,652,000
2020
$4,967 (+1.0%)
$2,400,000 + $200,000
$2,600,000
2019
$4,915 (−0.8%)
$140,082 + $158,296
$298,378
2018
$4,954 (+1.4%)
$137,335 + $155,193
$292,528
2017
$4,888 (+1.3%)
$132,003 + $149,167
$281,170
2016
$4,823 (−4.0%)
$132,003 + $149,167
$281,170
2015
$5,024 (+2.0%)
$129,414 + $146,243
$275,657
2014
$4,924 (+0.4%)
$124,973 + $141,226
$266,199
2013
$4,904 (+2.1%)
$124,973 + $141,226
$266,199
2012
$4,805 (−1.3%)
$124,408 + $140,588
$264,996
2011
$4,866 (+1.7%)
$121,968 + $137,832
$259,800
2010
$4,785 (+53.3%)
$119,576 + $135,130
$254,706
2009
$3,121 (+3.4%)
$118,682 + $134,121
$252,803
2008
$3,020
$118,964 + $134,440
$253,404
Tax history for 929 W Balboa Blvd
Year
Property tax
Land + Additions
Assessment*
2025
$30,325 (−0.2%)
$2,597,837 + $216,485
$2,814,322
2024
$30,393 (+1.1%)
$2,597,837 + $216,485
$2,814,322
2023
$30,067 (+2.1%)
$2,546,899 + $212,241
$2,759,140
2022
$29,456 (+0.9%)
$2,496,960 + $208,080
$2,705,040
2021
$29,193 (+487.8%)
$2,448,000 + $204,000
$2,652,000
2020
$4,967 (+1.0%)
$2,400,000 + $200,000
$2,600,000
2019
$4,915 (−0.8%)
$140,082 + $158,296
$298,378
2018
$4,954 (+1.4%)
$137,335 + $155,193
$292,528
2017
$4,888 (+1.3%)
$132,003 + $149,167
$281,170
2016
$4,823 (−4.0%)
$132,003 + $149,167
$281,170
2015
$5,024 (+2.0%)
$129,414 + $146,243
$275,657
2014
$4,924 (+0.4%)
$124,973 + $141,226
$266,199
2013
$4,904 (+2.1%)
$124,973 + $141,226
$266,199
2012
$4,805 (−1.3%)
$124,408 + $140,588
$264,996
2011
$4,866 (+1.7%)
$121,968 + $137,832
$259,800
2010
$4,785 (+53.3%)
$119,576 + $135,130
$254,706
2009
$3,121 (+3.4%)
$118,682 + $134,121
$252,803
2008
$3,020
$118,964 + $134,440
$253,404
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
3,049 Sq. Ft.
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Other
County
Orange County
APN
04728106
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on May 4, 2026.
R-2
Two-Unit Residential District
The R-2 Zoning District is intended to provide for areas appropriate for a maximum of 2 residential dwelling units (i.e., duplexes) located on a single legal lot.
Permitted uses
Include but are not limited to:
Livestock production
Day care facility
Housing-Single unit
Housing-Senior
Infrastructure
Apr 4, 2014 • Final
Combo residential - repair
Tear off the existing built-up roof and remove the tile. Apply layers of felt and reapply the tile to complete the reroofing project.
Roofing
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking / Garage Information
# of Carport Spaces: 3
Carport Attached
Has Parking
# of Parking Spaces: 3
Interior
Laundry Information
Has Laundry
Area, Community, See Remarks
Kitchen Information
Appliances: Garbage Disposal, Gas Oven, Gas Range, Water Heater Unit
Has Appliances
Room Information
Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Primary Bedroom
Fireplace Information
Living Room
Has Fireplace
Flooring Information
Carpet, Vinyl
Heating Information
Forced Air
Has Heating
Interior Features
Entry Level: 1
2 Staircases, High Ceilings (9 Feet+), Laminate Counters