About 1324 W Balboa Boulevard
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.
Features of 1324 W Balboa Boulevard
| MLS® # | OC25162276 |
|---|---|
| Price | $4,099,999 |
| Bedrooms | 6 |
| Bathrooms | 7.00 |
| Acres | 0.07 |
| Year Built | 1936 |
| Type | Residential Income |
| Sub-Type | Triplex |
| Status | Active |
Community Information
| Address | 1324 W Balboa Boulevard |
|---|---|
| Area | NP - Balboa Peninsula |
| Subdivision | Balboa Peninsula (Residential) (BALP) |
| City | Newport Beach |
| County | Orange |
| Zip Code | 92661 |
Amenities
| Parking Spaces | 3 |
|---|---|
| Parking | Carport |
| Garages | Carport |
| Is Waterfront | No |
| Has Pool | No |
| Pool | None |
Interior
| Has Basement | No |
|---|---|
| Fireplace | No |
| # of Stories | 2 |
| Stories | Two |
Exterior
| Lot Description | SixToTenUnitsAcre |
|---|
Additional Information
| Date Listed | July 18th, 2025 |
|---|---|
| Days on Market | 421 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Brandon Hobbs |
|---|---|
| Office | Arbor Real Estate |
