Rare investment opportunity just steps from the sand and surf in one of Newport Beach’s 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.
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.
Property Details
Price:
$4,200,000
MLS #:
OC25162276
Status:
Active
Baths:
0
Type:
Residential Income
Subtype:
Triplex
Subdivision:
Balboa Peninsula Residential BALP
Neighborhood:
npbalboapeninsula
Listed Date:
Jul 18, 2025
Lot Size:
3,049 sqft / 0.07 acres (approx)
Year Built:
1936
See this Listing
Schools
Interior
Laundry Features
Common Area
Exterior
Community Features
Sidewalks
Parking Features
Carport
Parking Spots
3.00
Financial
Map
Community
- Address1324 W Balboa Boulevard Newport Beach CA
- NeighborhoodNP – Balboa Peninsula
- SubdivisionBalboa Peninsula (Residential) (BALP)
- CityNewport Beach
- CountyOrange
- Zip Code92661
Subdivisions in Newport Beach
- Back Bay Anniversary Homes BBAN
- Balboa Coves BLCV
- Balboa Island – Collins Island BALC
- Balboa Island – Little Island BALL
- Balboa Island – Main Island BALM
- Balboa One Ford Road OFBB
- Balboa Peninsula
- Balboa Peninsula Point BLPP
- Balboa Peninsula Residential BALP
- Baycrest ""L"" Series BCL
- Baycrest South BCSO
- Bayridge BRID
- Bayshores BSHR
- Bayside Village BAYV
- Bayview Terrace BVTR
- Beacon Bay BEAC
- Beacon Court BECT
- Belcourt Custom BLCS
- Belcourt Hill BLHL
- Belcourt Terrace BLTR
- Belcourt Towne Collection BLTC
- Big Canyon Broadmoor BCBM
- Big Canyon Custom BCCS
- Big Canyon Deane BCDN
- Big Canyon McLain BCMC
- Big Canyon Villa BCVA
- Bluffs Homes on the Bay BNHB
- Bluffs Original BORI
- Bluffs Park Homes BNPK
- Bluffs Tennis Villas BNTV
- Cannery Village Mobile Park CVMP
- Central Newport CNEW
- Cherry Lake Estates UBLE
- Cliffhaven CLIF
- Dover Shores ""100"" Series DSA1
- Dover Shores DSAM
- Eastbluff – Lusk EBLK
- Eastbluff – Macco EBMO
- Granville GRNV
- Harbor Cove Palisades HCPS
- Harbor Cove Promenade HCPM
- Harbor Highlands I HH01
- Harbor Highlands II HH02
- Harbor Island ""Drive"" HIDC
- Harbor Island HARI
- Harbor Ridge Crest HRCR
- Harbor Ridge Custom HRCS
- Harbor Ridge Estates HRES
- Harbor View Homes HVHM
- Harbor View Knoll HKNL
- Kings Road KGRD
- Lido Building #601 L601
- Lido Building #621 L621
- Lido Island LIDO
- Lido Peninsula LIPN
- Linda Isle LIND
- Madison BCYM
- Marina Apartments MARA
- Newport Bay Towers NBYT
- Newport Beach Townhomes NTHM
- Newport Crest NEWC
- Newport Heights NEWH
- Newport Island NEWI
- Newport North Villas NNVL
- Newport Shores NEWS
- Newport Terrace NEWT
- Santa Ana Country Club Area SACC
- Santa Ana Heights Residential SAHR
- Sea Island – McLain SIML
- Seawind Condos SEAW
- Stonybrook OFSB
- Versailles VERS
- Villa Balboa VBAL
- Villa Granada VGRN
- Villa Siena VSEN
- Vista Del Lido Condos L611
- West Newport Beach WSNB
- West Newport Industrial WNIN
- Westcliff Grove WCGR
- Westcliff West WCDW
- Windward East Homes UBWE
- Wyndover Bay BCYW
Market Summary
Current real estate data for Residential Income in Newport Beach as of Oct 19, 2025
18
Residential Income Listed
178
Avg DOM
$8,498,667
Avg List Price
Property Summary
- Located in the Balboa Peninsula (Residential) (BALP) subdivision, 1324 W Balboa Boulevard Newport Beach CA is a Residential Income for sale in Newport Beach, CA, 92661. It is listed for $4,200,000
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