1324 W Balboa Blvd, Newport Beach, CA 92661 | For Sale

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For Sale $4,099,999

$4,099,999
  • (0)
  • Unknown Bedrooms
  • Unknown Bathrooms
  • Unknown Sq Ft
  • 3,049 Sq Ft

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.

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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


The income description goes here to explain

Expenses

Property Details

List Price $4,099,999
Property Type Triplex (3-units)
Usable Sqft Unknown
Number of Stories 2 stories
Parking Spots 0 spots
Year Built 1936
Last Sold Unknown
Sold Price Unknown
HOA Fees: $0
Association Name: Unknown
Association Amenities: Unknown
APN # 04723329
MLS # OC25162276
Property ID 322000195
Lot Sqft 3,049
Zoning Unknown
Total Units 6
Days on Market 317
Original List Price $4,200,000
Date Updated April 30, 2026
Date Created July 18, 2025
Unit # Beds Baths Current Rent Proforma Rent
Unit #1 $14,600 $0
Net Income (Yr) $ 165,364
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Listing Provided By

Brandon Hobbs an agent of . Lic #01929235


© 2026 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of April 30, 2026 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.



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