1324 Balboa Boulevard, Newport Beach

$4,200,000

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6

Beds

7

Baths

0.07

Acres

About 1324 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 Balboa Boulevard

MLS® # OC25162276
Price $4,200,000
Bedrooms 6
Bathrooms 7.00
Acres 0.07
Year Built 1936
Type Residential Income
Sub-Type Triplex
Status Active

Community Information

Address 1324 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 89
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentBrandon Hobbs
OfficeArbor Real Estate

Listing Map

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