Property Description
Welcome to 207 28th Street, a rare investment opportunity just one block from the beach in the heart of Newport Beach’s coveted Balboa Peninsula. This well-located duplex features two spacious units, one upstairs and one downstairs, each offering 3 bedrooms and 2 full bathrooms, making it ideal for both investors and owner-occupants seeking strong rental potential and a premier coastal lifestyle. The downstairs unit boasts updated bathrooms and thoughtful upgrades throughout, while the upstairs unit offers expansive views and access to a private outdoor deck, perfect for enjoying the ocean air. Each unit includes a cozy fireplace, in-unit appliances, and ample living space with great natural light. Additional features include a 2-car garage, two extra parking spaces, washer/dryer, and private outdoor patios — perfect for relaxing or entertaining. Located just steps from the sand and a short walk to top-tier restaurants, shops, and everything the Balboa area has to offer. Whether you’re looking for a smart income-producing property or a place to call home, this duplex is a standout opportunity in one of Newport’s most desirable beachside neighborhoods.
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“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”
TurboHome Fair Market Estimate
TurboHome Savings
$41,528
TurboHome Estimated Value
$2,759,000
$1,220 sqft
High Valuation
$2,896,950
$1281/sqft
Normal Valuation
$2,759,000
$1220/sqft
Low Valuation
$2,621,050
$1159/sqft
3rd Party Estimates
Source | $/sqft | Valuation |
---|---|---|
HouseCanary | $1220/sqft | $2,759,000 |
Get a detailed valuation report, schedule a tour or make an offer!
“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”
Neighborhood: Balboa Peninsula (Residential) (BALP)
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Comparative Value
$2.75M
$3.42M
207 28th St, Newport Beach, CA 92663
List Price: $2,749,500
Subject Property
129 45th St, Newport Beach, CA 92663
Sale Price: $3,417,000
Selected Comparable
Neighborhood Comps
Subject Property
SUBJECT207 28th St, Newport Beach, CA 92663
List: $2,749,500
Listed: 5/2/2025
Area:2,262 sqft
Price/sqft:$1,216
Beds:6
Baths:4
Year Built:—
Lot Size:2,614
Comparable Properties
COMPARABLEChoose comps
129 45th St, Newport Beach, CA 92663
Sale: $3,417,000
3/20/2025 • 0.73 mi
Area:2,322 sqft
Price/sqft:$1,472
Beds:5
Baths:4
Year Built:—
Weight:100.0%
Subject Property
SUBJECTImage | Address | List Price | sqft | Price/sqft | Lot Size | Distance | List Date | Beds | Baths | Year Built | Weight |
---|---|---|---|---|---|---|---|---|---|---|---|
207 28th St, Newport Beach, CA 92663 | $2,749,500 | 2,262 | $1,216 | 2,614 | — | 5/2/2025 | 6 | 4 | — | — |
Comparable Properties
COMPARABLEChoose comps
Image | Address | Sale Price | sqft | Price/sqft | Lot Size | Distance | Sale Date | Beds | Baths | Year Built | Weight |
---|---|---|---|---|---|---|---|---|---|---|---|
129 45th St, Newport Beach, CA 92663 | $3,417,000 | 2,322 | $1,472 | 2,550 | 0.73 mi | 3/20/2025 | 5 | 4 | — | 100.0% |
Nearby Listings
6 similar properties within 5 miles

List Price: $2,980,000
476 62nd St, Newport Beach, CA 92663
5 bd 4 ba 2,310 sqft
TurboHome Est. Value:
$2,975,200

List Price: $3,250,000
2200 Lake Park Ln, Newport Beach, CA 92660
5 bd 4 ba 3,400 sqft
TurboHome Est. Value:
$3,013,800

List Price: $2,799,000
2405 Tustin Ave, Costa Mesa, CA 92627
5 bd 5 ba 3,296 sqft
TurboHome Est. Value:
$2,802,500
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