1324 W Balboa Boulevard, Newport Beach, CA 92661
- 5 beds |
- 5 baths
Multi-Family Home
Built in ——
3,049sqft lot
—— car garage
$——/sqft
Listed 3 months ago
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.
- Listing Status:
- Active
- Listing Office:
- Arbor Real Estate : 949-673-7600
- Listing Agent:
- Brandon Hobbs : 714-765-9880
- MLS ID:
- OC25162276
- General: 2 Story
- HOA Amenities: 0.0
- Originating MLS: California Regional MLS
- County: Orange
- Zoning: Assessor04723329
- Source: California Regional MLS
This listing courtesy of Brandon Hobbs, Arbor Real Estate
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Newport Elementary School
1327 W Balboa Blvd, Newport Beach, CA, 92661
Grades KG-6
0.06 miles away
Ensign Intermediate School
2000 Cliff Dr, Newport Beach, CA, 92663
Grades 7-8
0.87 miles away
Newport Harbor High School
600 Irvine Ave, Newport Beach, CA, 92663
Grades 9-12
1.19 miles away



