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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.
Listing agent: Jason Oppenheim DRE #01863254 jason@ogroup.com, Listing office: The Oppenheim Group
MLS data updated 11/3/2026, 12:33:05 AM PT
Source: CRMLS, MLS #: OC25094742
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Sep 10, 2025
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$2,500,000Closed sale · Sep 10, 2025ZIP 92663 · Sep 2025
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.