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1324 W Balboa Boulevard
1324 W Balboa Boulevard
1324 W Balboa Boulevard
1324 W Balboa Boulevard
1324 W Balboa Boulevard
1324 W Balboa Boulevard
1324 W Balboa Boulevard
1324 W Balboa Boulevard
1324 W Balboa Boulevard
1324 W Balboa Boulevard
1324 W Balboa Boulevard
1324 W Balboa Boulevard
1324 W Balboa Boulevard
1324 W Balboa Boulevard
1324 W Balboa Boulevard
1324 W Balboa Boulevard
1324 W Balboa Boulevard
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$4,200,000

1324 W Balboa Boulevard

3,336 Sq.Ft.

Description

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.

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Location

1324 W Balboa Boulevard, Newport Beach, CA 92661

Status

For Sale
Brandon Hobbs

Brandon Hobbs

TITLE

REALTOR®

LICENSE

01929235

Newport Beach

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Property Amenities

Interior
Laundry room Common Area
Area & Lot
Lot Area 3,049 Sq.Ft.
Living area 3,336 Sq.Ft.
MLS® ID OC25162276
Year Built 1936
Type Multi-Family
Status For Sale
Exterior
Stories 2
Pool None
Water Source Public
Sewer Public Sewer
Parking Carport
Lot Features 6-10 Units/Acre
Finance
Sales Price $4,200,000
Maintenance Fee $600 monthly
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Thank you for your interest in 1324 W Balboa Boulevard, Newport Beach, CA 92661. We are reviewing your request and will be in touch shortly!

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