Newport Beach, CA 92661,1324 W Balboa Boulevard
Newport Beach, CA 92661,1324 W Balboa Boulevard
Newport Beach, CA 92661,1324 W Balboa Boulevard
17
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$4,200,000
Est. payment /mo
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5 Beds
5 Baths
3,049 Sqft Lot
Active

1324 W Balboa Boulevard Newport Beach, CA 92661

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Shirley Smith

Shirley Smith

+1(619) 559-6548

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

Subdivision Balboa Peninsula (Residential) (

MLS Listing ID OC25162276

Bedrooms 5

Lot Size 3,049 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

Rare investment opportunity just steps from the sand and surf in one of Newport Beachs 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.

Location

State CA

County Orange

Zoning Assessor

Direction Continue straightas the55 Freeway ends, it turns intoNewport Blvd., continueheadingsouthfor about2.5 miles.After crossing theBal

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Senior Community No

Tax ID 04723329

Acceptable Financing Cash

Listing Terms Cash

Virtual Tour https://player.vimeo.com/video/1102668758?badge=0&autopause=0&player_id=0&app_id=58479

MLS Router / San Diego MLS
Listed by Brandon Hobbs Arbor Real Estate

NEARBY SCHOOL & BUSINESS

SCHOOLSPROPERTIES
Elementary Schools 15
  • 10

    Eastbluff Elementary School

    Public | KG - 6

  • 9

    Newport Elementary School

    Public | KG - 6

  • 8

    Newport Heights Elementary School

    Public | KG - 6

  • 8

    Mariners Elementary School

    Public | KG - 6

  • 8

    Kaiser Elementary School

    Public | 3 - 6

  • 5

    Pomona Elementary School

    Public | KG - 6

  • 4

    Victoria Elementary School

    Public | KG - 6

  • 3

    Whittier Elementary School

    Public | KG - 6

  • 1

    Rea Elementary School

    Public | KG - 6

  • 0

    Page Private School

    Private | PK - 8

  • 0

    Page Private School - Newport Mesa

    Private | PK - 8

  • 0

    St Joachim Elementary School

    Private | PK - 8

  • 0

    Woodland Child Devt Center

    Private | PK - 6

  • 0

    Woodland Elementary School

    Public | KG - 2

  • 0

    Our Lady Queen of Angels School

    Private | KG - 8

Middle Schools 2
  • 10

    Corona Del Mar Middle and High School

    Public | 7 - 12

  • 7

    Ensign Intermediate School

    Public | 7 - 8

High Schools 2
  • 8

    Newport Harbor High School

    Public | 9 - 12

  • 0

    Newport Academy Day School

    Private | 9 - 12

School and business data provided by Attom Data.

GET MORE INFORMATION

Shirley Smith

Shirley Smith

Agent | License ID: 02046865

+1(619) 559-6548

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1324 W Balboa Boulevard

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