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207 28th St, Newport Beach, CA 92663

List Price: $2,749,500On Market FlagOn market
May 2, 20252,262 sqft6 beds4 baths
Listed by: Jason Oppenheim
License #: 01863254
Phone #: 949-706-4974
The Oppenheim Group
Source:
CRMLS Logo
MLS #: OC25094742

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.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“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

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$/sqftValuation
HouseCanary$1220/sqft$2,759,000

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

SUBJECT
207 28th St, Newport Beach, CA 92663

207 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

COMPARABLE
Choose comps
129 45th St, Newport Beach, CA 92663

129 45th St, Newport Beach, CA 92663

Sale: $3,417,000

3/20/20250.73 mi

Area:2,322 sqft
Price/sqft:$1,472
Beds:5
Baths:4
Year Built:
Weight:100.0%

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