1324 W Balboa Boulevard, Newport Beach, CA

$4,200,000

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5

Beds

5

Baths

0.07

Acres

About 1324 W Balboa Boulevard

Rare investment opportunity just steps from the sand and surf in one of Newport Beachs most sought-after coastal communities. This legally recognized triplex has been previously reconfigured into six income-generating units, maximizing rental potential while preserving long-term flexibility. The property has been recently updated, including interior unit improvements and fresh exterior paint, offering a clean and well-maintained impression throughout. On-site 3-carport parking adds convenience for tenants. With easy potential to convert back to 3 or 4 larger units, this property offers a flexible exit strategy for future redevelopment or owner-occupant use. Situated just a short stroll to the beach, Lido Marina Village, top dining, shops, and the harbor, this is a prime opportunity for both short- and long-term income investors. Interior unit photos and unit rent breakdown available upon request.

Features of 1324 W Balboa Boulevard

MLS® # OC25162276
Price $4,200,000
Bedrooms 5
Bathrooms 5.00
Acres 0.07
Type Residential Income
Sub-Type Res Income 2-4 Units
Status Active

Community Information

Address 1324 W Balboa Boulevard
Area OC - NEWPORT BEACH (92661)
City Newport Beach
County Orange
State CA
Zip Code 92661

Amenities

Is Waterfront No
Has Pool No
Pool N/K

Interior

Fireplace Yes
Stories 2 Story

Exterior

Lot Description Sidewalks

Additional Information

Date Listed July 18th, 2025
Days on Market 88
Zoning Assessor
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeArbor Real Estate

Listing Map

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