Alert me when this rental is available.
5+ Days Ago
Location
507 L St, Newport Beach, CA 92661, USA|Balboa Peninsula Point
Nearby rentals
Renter hub
Property management
Apartments for rent Los AngelesApartments for rent Mid-Town North HollywoodApartments for rent Wilshire Center - KoreatownApartments for rent Hollywood Hills WestApartments for rent Mid-City WestApartments for rent PalmsApartments for rent GlendaleApartments for rent Sherman OaksApartments for rent PasadenaApartments for rent Mar VistaApartments for rent Santa MonicaApartments for rent West HollywoodApartments for rent West HollywoodApartments for rent Westchester-Playa Del ReyApartments for rent West Los AngelesApartments Near Me
Houses for rent Los AngelesHouses for rent Santa MonicaHouses for rent WestwoodHouses for rent Mid-Town North HollywoodHouses for rent IrvineHouses for rent Huntington BeachHouses for rent PasadenaHouses for rent AlhambraHouses for rent Congress SoutheastHouses for rent El MonteHouses for rent Downtown Los AngelesHouses for rent GlendaleHouses for rent RiversideHouses for rent Hollywood Hills WestHouses for rent Mid-City WestHouses for rent near me
Amenities for 507 L St, Balboa Peninsula Point
Apartment Amenities
| Balcony | Fireplace |
| Furnished | Walk-in Closet |
Building
| Elevator |
Grounds
| Storage |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Dog Policy
Not allowed
Cat Policy
Not allowed
No pets allowed.
Building details
Property details
| Lease terms | 12+ months |
|---|
Advertisement
About 507 L St
507 L St in Newport Beach is a stunning custom-built corner lot home on a cobble stone street offering 4 bedrooms, 5 full baths, and 3,255 sqft of luxurious living space on the prestigious and prime location of Peninsula Point. Recently repainted and filled with high-end built-ins throughout, this California coastal Cape Cod Modern farmhouse exudes sophistication and comfort. The open-concept main level features a chef’s kitchen with a large island, Sub-Zero built-in refrigerator and wine fridge, La Cornue range, wine storage, and Calacatta counters. A prep kitchen includes a Wolf coffee system, perfect for entertaining. The second floor boasts a bonus room, two guest suites, and a primary retreat with two walk-in closets, a fireplace, balcony, and a luxurious Victoria & Albert Amiata soaking tub. Quality craftsmanship is evident in the European oak wide plank flooring, Kolbe windows, and custom finishes throughout the home. The third level is a true showstopper, featuring a California room with a spacious rooftop bar and deck—ideal for enjoying the ocean breeze, city lights, and sunsets. The home comes fully furnished and includes an elevator for easy access to all three floors. This property is the ultimate in Newport Beach luxury living. 1021 92661JPNP24213065 Contact us at 949-620-1449 **** Listing provided by Breanna Lepante of Douglas Elliman Of California (LA State License 01919560) Listing posted by Leasing Office (949) 216-3100. [REALLYO ID 4093073 11042024]
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 507 L St compares to other nearby properties.
Positives
- Elevator
- Improved accessibility features
- Fireplace
- Upgraded in-unit features
- Images Available
- There are at least 10 photos of this address
- Walk-in closet
- More closet space on average
Address details
| Neighborhood | Balboa Peninsula Point |
|---|---|
| Zip code | 92661 |
| Type | Apartment for rent |
Get the latest listings anytime, anywhere
Receive similar listings in the area, download our app, and more.
Advertisement
Available rentals nearby
Rent trends in Balboa Peninsula Point
4-bedroom apartments at 507 L St cost about 12% less than the average rent price for 4-bedroom apartments in Newport Beach.
Median rents as of Nov 1 2025.
Balboa Peninsula Point
Newport Beach
| Month | Median Rent |
|---|---|
| November 2023 | $11,500 |
| December 2023 | $11,040 |
| January 2024 | $10,250 |
| February 2024 | $9,750 |
| March 2024 | $9,445 |
| April 2024 | $11,305 |
| May 2024 | $12,540 |
| June 2024 | $13,700 |
| July 2024 | $10,997 |
| August 2024 | $9,100 |
| September 2024 | $10,305 |
| October 2024 | $10,707 |
| November 2024 | $11,699 |
| December 2024 | $11,900 |
| January 2025 | $13,950 |
| February 2025 | $15,718 |
| March 2025 | $15,925 |
| April 2025 | $15,187 |
| May 2025 | $15,075 |
| June 2025 | $14,996 |
| July 2025 | $12,556 |
| August 2025 | $13,211 |
| September 2025 | $13,425 |
| October 2025 | $13,678 |
| November 2025 | $13,750 |
| Month | Median Rent |
|---|---|
| October 2024 | $19,250 |
| November 2024 | $19,250 |
| January 2025 | $15,625 |
| February 2025 | $19,125 |
| March 2025 | $28,333 |
| April 2025 | $15,750 |
| June 2025 | $15,250 |
| July 2025 | $15,250 |
| August 2025 | $13,750 |
| September 2025 | $13,875 |
| October 2025 | $17,142 |
| November 2025 | $25,000 |
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| 1 year ago | $22,000 |
Schools near 507 L St
Newport Elementary School
1327 w balboa blvd
newport beach, CA, 92661
K-6Public
A
Monte Vista High School
390 monte vista ave
costa mesa, CA, 92627
K-12Public
A-
Advertisement
Internet available near 507 L St
Getting around Newport Beach near 507 L St
Walking
2/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).
Driving
8/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
5/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
0/10
FYI, there are little to no public transit options within walking distance.
Points of interest for 507 L St, Newport Beach
Groceries
2/10
No grocery stores within walking distance
Shopping
2/10
Few or no shops within walking distance
Cafes
1/10
Few or no cafés within walking distance
Restaurants
4/10
Some restaurants within walking distance
Primary schools
0/10
No elementary schools within a 30-minute walk
High schools
0/10
No high schools within a 30-minute walk
Parks
5/10
Limited amount of park space nearby
Nightlife
2/10
Few or no bars within walking distance
Notify me
Pet-friendly rentals nearby
Advertisement