1324 W Balboa Boulevard
Newport Beach, CA, 92661
$4,200,000
Beds
0 Baths
SqFt
0.07 Acres
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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.

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
NpbalboapeninsulaBalboa Peninsula Residential Balp

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Exterior

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Parking Features
Carport
Parking Spots
3.00

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Subdivisions in Newport Beach

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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