Active

203 6th Street

Newport Beach, CA 92661
Mark as Favorite
Bed 3

Bed

Bath 3

Bath

SqFt2,178

Sqft(Lot)

RARE BALBOA PENINSULA REDEVELOPMENT OPPORTUNITY. Located in the heart of Newport Beach’s iconic Balboa Peninsula, 203 6th Street presents a unique opportunity for investors, developers, and those seeking to create a new coastal residence in one of Southern California’s most coveted beach communities. The property is currently configured as a triplex consisting of three separate one-bedroom units, offering immediate income potential while providing an exceptional opportunity to reimagine the property for the future. Situated on an approximately 2,178-square-foot lot, the property’s existing configuration provides flexibility for a variety of investment strategies. An investor may choose to maintain and improve the existing three-unit income property, while a developer or owner-user may ex plore the potential to redevelop the site and maximize its value through a new construction project, subject to City of Newport Beach approvals and applicable zoning and development regulations. The property’s location is a major part of the opportunity. Positioned just moments from the beach, bay, restaurants, shops, and the vibrant entertainment that defines the Balboa Peninsula, this is an exceptionally walkable coastal setting. The combination of a highly desirable Peninsula location, existing multifamily use, and valuable land creates a compelling proposition for buyers looking beyond the current improvements. For developers, the real opportunity lies in the land. The existing structure can serve as a source of rental income while plans are evaluated, or the site can be considered for a future redevelopment project. Buyers should independently verify zoning, allowable density, setbacks, building requirements, parking requirements, and any other development parameters with the City of Newport Beach. Whether acquired as an income-producing triplex, repositioned through renovation, or explored as a future redevelopment site, 203 6th Street offers a rare chance to secure a piece of Balboa Peninsula real estate with significant long-term potential.

Read More Expand
Tour with a ByOwner Agent

Detail Ic Property Details

Property Type : ResidentialIncome

Price : $2,400,000

AD Id : 91024460

MLS Id : NP26193591

Beds : 3

Lot Size : 2,178 Sqft

Year Built : 1941

County : Orange

Subdivision: Chokoloskee

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Interior Features

    CeilingFans, AllBedroomsDown
    Roof: Flat
    Appliances: Refrigerator
    Laundry Features: Inside
  • Heating & Cooling

    Has Heating: Yes Heating: WallFurnace Cooling: None

  • Building Information

    Year Built: 1941
    Building Area Total: 1500
    Construction Materials: Stucco
    Stories: 1
    Pool Features: None
    Private Pool: No
    Water front Features: AcrossTheRoadFromLakeOcean,OceanAccess,OceanSideOfFreeway,OceanSideOfHighway
    View: Neighborhood

  • Lot Information

    Main Square Feet: 2178 Lot Size Acres: 0.05 Lot Size Source: Assessor Lot Size Square Feet: 2,178 Lot Description: ValueInLand

    Property Information

    Subdivision: Balboa Peninsula (Residential) (BALP) Source Property Type: ResidentialIncome Property SubType: Triplex Direction Faces: Southeast Levels: One Property Age: 85

  • Listing Price Information

    Listing Price: $2400000
    Cash, CashToNewLoan, Conventional, Submit

  • Tax Information

    Parcel Number: 04802214 Tax Lot: 4 Tax Block: 4

  • Utility Information

    ElectricityAvailable, NaturalGasAvailable, SewerAvailable, WaterAvailable
  • Location Information

    Direction: Balboa Blvd. to 6th St. in between the Newport and Balboa Piers WaterSource: Public
Sell a home like this and save $143,501 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
700 E Oceanfront, Newport Beach, CA, 92661 $6,199,000 4 3 -- 2,614 Sqft
700 E Oceanfront, Newport Beach, CA, 92661 $6,199,000 4 3 2,310 2,614 Sqft
419 E Balboa, Newport Beach, CA, 92661 $5,385,000 6 7 3,455 3,049 Sqft
126 E Balboa, Newport Beach, CA, 92661 $3,448,000 4 3 2,000 2,178 Sqft
1311 W Bay Avenue, Newport Beach, CA, 92661 $4,995,000 5 4 2,335 2,614 Sqft
1324 W Balboa Boulevard, Newport Beach, CA, 92661 $4,099,999 6 7 3,336 3,049 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 09/08/2026 @ 19:31

MLS: NP26193591 LISTED BY: Arthur Dorr, Balboa Realty 949-734-7419 SOURCE: CRMLS

Homes around $2,400,000

Selling? Save $143,501 when you sell a home like this

Tour with a ByOwner Agent