1324 W Balboa Boulevard, Newport Beach, CA 92661

0 beds 0 baths 3,049 sq.ft.

Offerered at: $4,200,000.00

Project/Tract: Balboa Peninsula (Residential) (BALP)
County: Orange
Year Built: 1936
Association Fees: $0.00/mo.

Property Description

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.

ESSENTIAL INFO

  • Status: Active