1324 W Balboa Boulevard, Newport Beach, CA 92661

• 5 beds |
• 5 baths

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

Date Added:

July 18, 2025

Data Last Updated:

May 20, 2026 at 7:11AM

Listing Office:

Arbor Real Estate : 949-673-7600

Listing Agent:

Brandon Hobbs : 714-765-9880

MLS ID:

OC25162276

Exterior

• Pool: N/K

Construction

• General: 2 Story

Location

• HOA Amenities: 0.0
• Originating MLS: California Regional MLS
• County: Orange

Lot

• Zoning: Assessor04723329

Financial

• Source: California Regional MLS