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514 W Balboa

Newport Beach, CA 92661
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Bed 0

Bed

Bath 0

Bath

SqFt2,364

Sqft

SqFt2,178

Sqft(Lot)

Rare coastal investment property located on West Balboa Boulevard, directly across from the beach and boardwalk in the highly desirable Balboa Peninsula. This classic two-story mixed-use building offers diversified income in one of Southern California’s most sought-after beachfront markets. The upper level features two residential units currently tenant-occupied, providing steady residential income and the flexibility for future owner occupancy or continued rental operations. The ground floor is leased to an established restaurant tenant, delivering consistent commercial cash flow and benefiting from strong foot traffic in this prime coastal corridor. • Prime beachfront location near the Balboa Pier, Fun Zone, shops, and dining • Mixed-use zoning supporting both residential and commerci al use • Two income-producing residential units upstairs • Tenant-occupied restaurant space on the ground floor • Potential roof terrace and outdoor space adding lifestyle and value appeal This property presents an exceptional opportunity for investors seeking immediate income from both residential and commercial tenants, while also offering the option for an owner to occupy a residential unit in the future. Positioned in a high-visibility, high-demand coastal market, this asset combines long-term stability with upside potential in a truly premier Newport Beach location.

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Detail Ic Property Details

Property Type : Residential Income

Price : $2,995,000

AD Id : 74327032

MLS Id : SR25278723

Lot Size : 2,178 Sqft

Living Area Size : 2,364

Year Built : 1964

Garage : 4

County : Orange

Subdivision: Fallbrook

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Map

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Feature Features

  • Water/Sewer

    Water Source: Public Sewer: Public Sewer
  • Interior Features

    Roof: Common Roof Exterior Property Features: Barbecue Interior Features: Beamed Ceilings,Block Walls,In-Law Floorplan,All Bedrooms Up

  • Building Information

    Year Built: 1964 Building Area Total: 2,364 Construction: Block Roof: Common Roof
  • Exterior Features

    Barbecue

    Foundation

    Slab
  • Pool Features

    None

    Laundry Features

    Common Area,Electric Dryer Hookup,Gas Dryer Hookup,In Garage

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.05
  • Lot Size Source: Assessor Lot Size Square Feet: 2178

  • Listing Price Information

    Original List Price: 2,995,000 Listing Contract Date: 2025-12-27
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 04807110

  • Garage and Parking

    Garage Description: Assigned,Door-Multi,Garage

    Homeowners Association

  • Rental Info

    Lease Term: Negotiable Tenant Pays: All Utilities

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: NP - Balboa Peninsula Directions: W Balboa Blvd Source Property Type: Residential Income Area: NP - Balboa Peninsula Property SubType: Mixed Use
  • Building and Construction

    Property Age: 62 Common Walls: No Common Walls Property Condition: Turnkey Structure Type: Mixed Use Year Built Source: Assessor Entry Level: 1 Entry Location: Ground Levels or Stories: Two Building Total Stories: 2
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Nearby Home Value

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2137 Miramar, Newport Beach, CA, 92661 $589,999 4 3 2,088 2,088 SqFt
2258 Channel Road, Newport Beach, CA, 92661 $21,500,000 7 7 8,433 8,433 SqFt
1743 Miramar, Newport Beach, CA, 92661 $4,150,000 3 1 1,309 1,309 SqFt
503 J Street, Newport Beach, CA, 92661 $8,988,000 4 4 3,577 3,577 SqFt
1703 Plaza Del Sur, Newport Beach, CA, 92661 $949,000 4 4 3,117 3,117 SqFt
1703 Plaza Del Sur #2, Newport Beach, CA, 92661 $929,000 4 4 3,117 3,117 SqFt
1508 E Balboa Boulevard, Newport Beach, CA, 92661 $6,995,000 4 5 3,316 3,316 SqFt
1510 E Oceanfront, Newport Beach, CA, 92661 $24,995,000 7 10 7,083 7,083 SqFt
1324 E Balboa, Newport Beach, CA, 92661 $29,750,000 5 1 5,453 5,453 SqFt
613 E Balboa Boulevard #A, Newport Beach, CA, 92661 $2,125,000 3 3 1,877 1,877 SqFt

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ByOwner last updated this listing 06/10/2026 @ 05:15

MLS: SR25278723 LISTED BY: Levon Nargizyan, HouseIQ 818-380-8080 SOURCE: CRMLS

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