Offered For Sale

1324 W Balboa Boulevard

#OC25162276

MLF

Built in 1936

$4,200,000

About the property

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

General

  • Half Bathrooms 0
  • Real Estate Sub Type Triplex
  • Real Estate Type MLF
  • Square Feet 3,336
  • Stories 2
  • Year Built 1,936
  • Agent Name Brandon Hobbs
  • Broker Id OC04001
  • Office Name Arbor Real Estate
  • Days On Market 0
  • Status Active
  • Agent Cell 949-673-7600

Building

  • Exterior Features Sidewalks

Location

  • Subdivision Balboa Peninsula (Residential) (BALP)

Location

Questions

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