CnC Realty
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$4,099,999

1324 W Balboa Boulevard

Newport Beach, CA 92661

Active

1936

Year Built

Orange

County

Triplex

Property Type

About this home

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.

Listed by Brandon Hobbs · DRE #01929235 · Arbor Real Estate
MLS #1119665746
ListedJul 18, 2025

Property Details

Architecture

Stories2
StyleN/A
Total Units6
RoofN/A
Garage Spaces0
PoolN/A
SpaN/A

Features & Amenities

Interior FeaturesN/A
Exterior FeaturesN/A
FlooringN/A
CoolingN/A
HeatingN/A
FireplaceN/A
LaundryCommon Area
Parking FeaturesCarport
Parking Total3
Patio & PorchN/A
Entry Level1
Entry LocationMain
Common WallsTwo Common Walls Or More

Property Features

Lot Size0.07 ac
Lot FeaturesSix To Ten Units Acre
ViewN/A
DirectionsContinue straight as the 55 Freeway ends, it turns into Newport Blvd., continue heading south for about 2.5 miles.After crossing the Balboa Blvd/32nd Street intersection, veer right onto W Balboa Blvd. about 1 mile, on your right, near F St.

Community

AreaNP - Balboa Peninsula
School DistrictN/A

Tax & Financial

TermsCash, Cash To New Loan
Land LeaseNo
HOA NameN/A
HOA FeeN/A

Request a Tour

Mortgage Estimate

$21,822/mo

20% down · 7% APR · 30-yr fixed

Estimate only. Does not include taxes, insurance, or HOA.

CRMLSLast updated: October 21, 2026 at 8:15 PM

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