1324 W Balboa Boulevard, Newport Beach Property Listing: MLS® #OC25162276

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.

1324 W Balboa Boulevard, Newport Beach Property Listing: MLS® #OC25162276 Close
Page Summary
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  • MLS® #: OC25162276
  • 1324 W Balboa Boulevard
  • Newport Beach, CA 92661
  • $4,200,000
  • 5 Beds, 5 Bath, 0.07 Acres
  • Office: Arbor Real Estate

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.

Supplemental Remarks

Essential Information

  • MLS® #OC25162276
  • Listing Price$4,200,000
  • Date ListedJuly 18th, 2025
  • Days on Market2
  • Bedrooms5
  • Bathrooms5.00
  • Acres0.07
  • Lot Sq.Ft.3,049
  • TypeResidential Income
  • Sub-TypeRes Income 2-4 Units
  • StatusActive

Dues

  • Mello Roos Dues$811
  • Total Monthly Dues$67

Community Information

  • Address1324 W Balboa Boulevard
  • AreaOC - NEWPORT BEACH (92661)
  • CityNewport Beach
  • CountyOrange
  • StateCA
  • Zip Code92661

Amenities

  • PoolN/K

Interior

  • FireplaceYes
  • Stories2 Story

Exterior

  • Lot DescriptionSidewalks
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Listing information last updated on August 29th, 2025 at 10:44am PDT.