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1324 W Balboa Boulevard

Newport Beach, CA 92661
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Bed 6

Bed

Bath 7

Bath

SqFt3,336

Sqft

SqFt3,049

Sqft(Lot)

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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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $4,099,999

AD Id : 66060021

MLS Id : OC25162276

Beds : 6

Lot Size : 3,049 Sqft

Living Area Size : 3,336

Year Built : 1936

County : Orange

Subdivision: Fallbrook

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Feature Features

  • Building Information

    Year Built: 1936
    Building Area Total: 3336
    Stories: 2
    Pool Features: None
    Private Pool: No

  • Lot Information

    Main Square Feet: 3049 Lot Size Acres: 0.07 Lot Size Source: Assessor Lot Size Square Feet: 3,049 Lot Description: 6-10 Units/Acre

    Property Information

    Subdivision: Balboa Peninsula (Residential) (BALP) Source Property Type: Residential Income Postal Code Plus 4: 1072 Property SubType: Triplex Levels: Two Property Age: 90

  • Listing Price Information

    Listing Price: $4099999
    Original Price: $4200000
    Cash, Cash to New Loan

  • Tax Information

    Parcel Number: 04723329 Tax Lot: 7 Tax Block: 113

  • Location Information

    Direction: Continue straight as the 55 Freeway ends, it turns into Newport Blvd., continue heading south for about 2.5 miles.After crossing the Balboa Blvd/32nd Street intersection, veer right onto W Balboa Blvd. about 1 mile, on your right, near F St. WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
700 E Oceanfront, Newport Beach, CA, 92661 $6,199,000 4 3 --
700 E Oceanfront, Newport Beach, CA, 92661 $6,199,000 4 3 2,310 2,310 SqFt
419 E Balboa, Newport Beach, CA, 92661 $5,385,000 6 7 3,455 3,455 SqFt
126 E Balboa, Newport Beach, CA, 92661 $3,448,000 4 3 2,000 2,000 SqFt
203 8th St, Newport Beach, CA, 92661 $3,595,000 5 2 2,446 2,446 SqFt
203 8th, Newport Beach, CA, 92661 $3,595,000 5 3 2,446 2,446 SqFt
1311 W Bay Avenue, Newport Beach, CA, 92661 $5,995,000 5 4 2,335 2,335 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 08/12/2026 @ 12:34

MLS: OC25162276 LISTED BY: Brandon Hobbs, Arbor Real Estate 949-673-7600 SOURCE: CRMLS

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