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$4,099,999 Est. $15,097 / mo.*

1324 W Balboa Boulevard Newport Beach , CA 92661

Property listed by Arbor Real Estate, Brandon Hobbs {attribution_contact}

Description

6 Units
Property Type: Triplex
Status: Active
Year Built: 1936
Neighborhood: Balboa Peninsula (residential) (balp)
Days on Website: 396
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.

Open House

Property Details and Features

Building
Built in 1936
1 building
2 stories
Levels:
Two
Entry level:
1
Entry location:
Main
Community
Sidewalks
Expenses
Electric:
$2,653
Fuel:
$1,270
Insurance:
$3,313
Maintenance:
$600
Operating:
$9,836
Trash:
$600
Water/Sewer:
$1,400
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$4,099,999 - Br/0Ba - for Sale in Balboa Peninsula (residential) (balp), Newport Beach
Virtual Tour

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Contact an Agent

Christopher Lechner

(562) 972-0388

Location

$4,099,999 -
1324 W Balboa Boulevard Newport Beach , CA 92661
Subdivision: Balboa Peninsula (Residential) (BALP)

Street View

Nearby Schools

Recent Sales in the Area