1324 W Balboa BL Newport Beach CA 92661 MLS #OC25162276

MLS #OC25162276 image #0

1324 W Balboa BL, Newport Beach, CA 92661

Bedrooms
0 Bathrooms
0 Finished Sqft
3,049 sqft / 0.07 acres (approx) Lot Size Sqft
$4,099,999 List Price
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 • Arbor Real Estate

MLS #
OC25162276
STATUS
Active
DAYS ON MARKET
237
TYPE
Triplex
NEIGHBORHOOD
Balboa Peninsula Residential BALP
BUILT
1936
VIEW
COOLING
HEATING
POOL
SPA
GARAGE
Spaces

Property Details

Price:
$4,099,999
MLS #:
OC25162276
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Triplex
Subdivision:
Balboa Peninsula Residential BALP
Neighborhood:
npbalboapeninsula
Listed Date:
Jul 19, 2025
Total Sq Ft:
3,336
Lot Size:
3,049 sqft / 0.07 acres (approx)
Year Built:
1936
Np – Balboa PeninsulaNpbalboapeninsulaBalboa Peninsula Residential Balp

Schools

Interior

Laundry Features
AR

Exterior

Community Features
SDW
Parking Spots
3

Financial

Maintenance Fee
$600
Net Operating Income
$165,364

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Brandon Hobbs with
1324 W Balboa BL
Newport Beach, CA