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1324 W Balboa Boulevard — photo 1
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Newport Beach

1324 W Balboa Boulevard

About This Property

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.

Neighborhood

This property is located in Newport Beach. Want to learn more about the area?

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Listing courtesy of Arbor Real Estate

Listing data from CRMLS. Deemed reliable but not guaranteed.

Asking Price

$4,099,999

Est. Monthly Payment

$26,198/mo

20% down · 6.5% rate · 30yr

Run the Numbers

Listing Agent

Brandon Hobbs

Arbor Real Estate