What is the rental yield in Balboa Peninsula, Newport Beach, California?

The gross yield in Balboa Peninsula, Newport Beach, California is 1.6. That sits alongside prices about 6% below the city median and 124% above the state median. Over the past year, prices were down 23.6%, while the Red Flag score is 48.

How does Balboa Peninsula compare with Newport Beach and California?

Balboa Peninsula, Newport Beach, California is priced about 6% below Newport Beach but 124% above California overall. Its gross yield is 1.6, and prices were down 23.6% over the past year. Walkability is 62 and education is in the 59th percentile.

What are the walkability and school metrics in Balboa Peninsula, Newport Beach, California?

Balboa Peninsula, Newport Beach, California has walkability of 62 and education in the 59th percentile. Those scores suggest moderate access and a mid-range school-score profile. The Red Flag score is 48, gross yield is 1.6, and prices were down 23.6% over the past year.

Neighborhood

Balboa Peninsula

Newport Beach, California US

Balboa Peninsula, Newport Beach, California has a mixed investment profile with a low gross yield of 1.6 and prices about 6% below the city median but 124% above the state median. Over the past year, prices were down 23.6%. It has a Red Flag score of 48, walkability of 62, and education in the 59th percentile, combining moderate accessibility with a mid-range school-score profile.

AI Summary•Updated May 2026

Area

21.10 mi²

ZIP Code

92663

County

Orange County

State

California

Redfin — median sale & volumeZillow ZORI — asking rentFEMA National Risk Index v1.20OpenStreetMap — POIFBI UCR — state crimeEPA — radon zonesWashU ACAG — satellite PM2.5EPA FRS / BTS — hazard screeningUS Census ACS / TIGER 2024

Verified Price · Median Sale

$2,215,592

YoY-23.6%

Gross Rental Yield

1.6%

Listed rent · ZORI annualized

Red Flag Index

Moderate

48 / 100

Walkability Score

Somewhat Walkable

OpenStreetMap POI density · national percentile

Education Score

59 / 100

Good · better than 59% of U.S. districts

Pre-pandemic SEDA (2018/19) · district proxy

AI Score

Limited

DistrictScore attractiveness · national model

Balboa Peninsula Property Prices & Rental Yield

Verified Redfin sale data and Zillow ZORI asking rent for Balboa Peninsula, Newport Beach.

Unlock the Balboa Peninsula 12-month price trend

See the full Verified vs Listed price history — free with a DistrictScore account.

Market Economics Snapshot

May 2026

Metric	Value	YoY
Median Sale Price	$2,215,592	-23.6%
Price / Sq Ft (Verified)	$1,258/sqft	-14.2%
Asking Rent (Median)	$2,875/mo	+3.0%
Gross Rental Yield	1.6%	—
Liquidity Score	26 / 100	Low
Homes Sold (Period)	66	-22.4%

Is Balboa Peninsula Safe? Natural-Hazard Risk

FEMA National Risk Index composite across eight hazards, plus inherited California crime context.

Red Flag Breakdown

48 / 100

Moderate Risk

Composite is weighted by expected impact — frequent low-damage hazards (hail, wind) weigh less than flood or wildfire.

Flood100Very High

Earthquake100Very High

Hail40Moderate

Wildfire20Low

Hurricane20Low

Tornado20Low

Heat20Low

Strong Wind20Low

8/8 hazards scored · FEMA NRI v1.20

Crime (state-level): California averaged 25.6 crimes and 4.9 violent per 1,000 residents (-8.9% YoY) in 2024(FBI UCR). Compare the state to the country, not states as a ranking — full Safety & Crime data lives on the state page.

Unlock the full risk report for Balboa Peninsula

Tract-level hazard heatmap & parcel detail with Pro

Unlock the Balboa Peninsula hazard breakdown

See all eight FEMA hazard scores — free with a DistrictScore account.

What Stands Out AI Insight

Active transaction volume — 66 homes sold last period

Dense amenities — 80 dining & 6 grocery options nearby

Flood risk is Very High (100/100)

Earthquake risk is Very High (100/100)

Insights are generated from Balboa Peninsula's live DistrictScore metrics.

Balboa Peninsula Environment & Safety

Satellite PM2.5 air-quality history, FBI UCR crime trend (California-level, the finest official aggregation), EPA radon potential and point-source hazard screening.

Air Quality — PM2.5

2015–2024

5.6 µg/m³ Meets EPA, above WHO guideline-17.1% since 2015

EPA 9WHO 5

20152024

Annual mean fine-particle (PM2.5) concentration at the Balboa Peninsula centroid, satellite-derived (ACAG). References: WHO guideline 5 µg/m³ · EPA annual standard 9 µg/m³. Latest year ranks worse than 41% of U.S. neighborhoods.

California Crime Trend

FBI UCR

20132024

All crimes / 1k

Violent / 1k

Year	Crimes / 1k	Violent / 1k	YoY
2024	25.6	4.9	-8.9%
2023	28.3	5.1	-0.7%
2022	28.6	5.0	+8.0%
2021	26.5	4.8	+1.9%
2020	25.8	4.4	-7.3%
2019	27.8	4.4	—

Reported at the state level — the finest official US crime aggregation; Balboa Peninsula inherits the California figures.

Radon Potential

EPA

Zone 3

Zone 3 — Lowest potential · Balboa Peninsula

EPA radon zones estimate indoor radon potential county-wide (Zone 1 highest, Zone 3 lowest). Testing is recommended in all zones.

Environmental Hazards

EPA / BTS

Industrial odor5 nearbyVery High

Point-source screening near Balboa Peninsula: EPA Superfund National Priorities List & Facility Registry (2026), BTS aviation noise (2020, 24-hour average level). Superfund shows distance to the nearest listed site; odor shows detected sources within the screening radius. Only detected sources are listed; the bar shows severity vs. all U.S. neighborhoods.

Walkability & Amenities in Balboa Peninsula

Amenity density and pedestrian access from OpenStreetMap points of interest.

Walkability & Amenities

OpenStreetMap POI

62

Somewhat Walkable

Walkability Score

6

Grocery

80

Dining

2

Schools

1

Universities

2

Hospitals

1

Pharmacies

32

Parks

4

Rail Transit

0

Coworking

POI counts are amenities within Balboa Peninsula's boundary plus a 400 m walk buffer. Rail transit excludes bus stops.

Balboa Peninsula vs Newport Beach vs California

How Balboa Peninsula benchmarks against its city and state medians.

Benchmark vs City & State

In Balboa Peninsula, the median sale price sits about 6% below the median for Newport Beach neighborhoods and about 125% above the statewide median. Gross rental yield is 1.6%, against 1.3% for Newport Beach neighborhoods and 3.7% statewide. Over the past 12 months, prices fell 23.6%. Transaction liquidity sits below the median for Newport Beach neighborhoods and below the statewide median.

Area	Median / Sq Ft	Gross Yield	Liquidity
Balboa Peninsula	$1,258/sqft	1.6%	26
Newport Beach	$1,344/sqft	1.3%	29
California	$559/sqft	3.7%	28

Unlock the Balboa Peninsula benchmark

Compare Balboa Peninsula against Newport Beach and California medians — free with a DistrictScore account.

Buying Property in the US as a Foreigner

Federal & California tax facts for non-resident buyers, plus the latest local market news.

Buying as a Foreigner

US Tax & Ownership

Applies to everyone7

Capital Gains (Federal)

Long-term capital gains taxed federally at 0/15/20%, plus a 3.8% Net Investment Income Tax on higher incomes (2026).

Property Tax

Property tax: ~0.69% average effective rate (statewide average; set and collected locally).

State Income Tax

State income tax up to 13.3%; rental income is taxed at these rates.

State Capital Gains

Capital gains are taxed as ordinary income at state rates.

Transfer Tax

Real estate transfer tax: documentary transfer tax $0.55 per $500 + local.

Assessment Cap

Prop 13 caps assessed-value growth at 2%/yr; property is reassessed to market value when you buy.

Mansion Tax / Rent Control

No statewide mansion tax (LA has a local one); statewide rent control caps increases at 5%+CPI (AB 1482).

US citizens & tax residents8

Primary-Home Exclusion

Selling your main home: exclude up to $250k of gain (single) / $500k (married) if you owned and lived there 2 of the last 5 years.

1031 Like-Kind Exchange

A 1031 like-kind exchange defers capital gains tax on investment property; 45 days to identify, 180 to close. Real estate only.

Depreciation Recapture

Residential rentals depreciate over 27.5 years; on sale, recaptured depreciation is taxed up to 25% (Section 1250).

Mortgage Interest Deduction

Mortgage interest is deductible on up to $750k of home debt. The SALT cap rose to $40,000 for 2025-2029 (reverts to $10k in 2030).

Opportunity Zones

Opportunity Zones are now permanent (2025): reinvested capital gains get deferral plus a basis step-up, and are tax-free after 10 years.

Rental Income (Resident)

Rental income is reported on Schedule E; passive-loss rules (Section 469) limit deducting rental losses against other income.

Senior & Veteran Exemptions

Disabled-veteran property-tax exemption (~$161,083 in 2025, more if low-income); senior programs available.

1031 State Conformity

California conforms to 1031 but claws back deferred CA-source gain (Form FTB 3840) if you move out of state.

Foreign buyers (non-residents)5

FIRPTA (Foreign Sellers)

FIRPTA: the buyer withholds 15% of the gross sale price when a nonresident sells US property. It is an advance deposit, not the final tax.

Non-Resident Capital Gains

Nonresident sellers pay US capital gains tax (generally 15-20%) on the net gain via Form 1040-NR; FIRPTA withholding is credited.

Non-Resident Rental Tax

Nonresident rental income is taxed at 30% of gross by default, or on net income at graduated rates via a Section 871(d) election (W-8ECI).

Estate Tax (Non-Resident)

Nonresidents get only a $60,000 US estate-tax exemption (vs $13.99M for residents); US property above it is taxed up to 40%. Treaties may help.

ITIN Requirement

Nonresidents without an SSN need an ITIN (Form W-7) to file US tax returns, claim FIRPTA refunds, and report rental income.

Talk to a US real-estate tax advisor

FIRPTA, ITIN & California property-tax guidance for foreign buyers

Latest Newport Beach Real-Estate News

New Fed chairman may leave mortgage rates mostly unchanged

Guaranteed Rate • Jun 18, 2026

Household real estate wealth hits record $48.7 trillion

Eye On Housing • Jun 18, 2026

U.S. commercial property prices hit record as deal patterns shift

Altus Group • Jun 18, 2026

Balboa Peninsula Real Estate FAQ

Balboa Peninsula, Newport Beach, California shows a mixed profile rather than a clear value case. Gross yield is 1.6, prices are about 6% below the city median but 124% above the state median, and prices were down 23.6% over the past year. The Red Flag score is 48.

Neighborhoods near Balboa Peninsula

Compare Balboa Peninsula with nearby neighborhoods in Newport Beach.

Unlock deeper insights on Balboa Peninsula

Deeper data. Smarter decisions. Stronger returns.

Full Risk Reports

Tract-level hazards

Investment Score

AI-driven analysis

Export & Reports

PDF & Excel

Priority Support

Fast-track help

Get Pro Access7-day free trial. Cancel anytime.