$2,400,000

203 6th Street, Newport Beach, CA 92661

  • 1,500 sqft
  • Property Icon Triplex
  • Property Year Built Icon Built in 1941
  • Property Lot Size Icon2,178sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $1,600/sqft
  • Property List Date Icon Listed 18 days ago

Property Description

RARE BALBOA PENINSULA REDEVELOPMENT OPPORTUNITY. Located in the heart of Newport Beach’s iconic Balboa Peninsula, 203 6th Street presents a unique opportunity for investors, developers, and those seeking to create a new coastal residence in one of Southern California’s most coveted beach communities. The property is currently configured as a triplex consisting of three separate one-bedroom units, offering immediate income potential while providing an exceptional opportunity to reimagine the property for the future. Situated on an approximately 2,178-square-foot lot, the property’s existing configuration provides flexibility for a variety of investment strategies. An investor may choose to maintain and improve the existing three-unit income property, while a developer or owner-user may explore the potential to redevelop the site and maximize its value through a new construction project, subject to City of Newport Beach approvals and applicable zoning and development regulations. The property’s location is a major part of the opportunity. Positioned just moments from the beach, bay, restaurants, shops, and the vibrant entertainment that defines the Balboa Peninsula, this is an exceptionally walkable coastal setting. The combination of a highly desirable Peninsula location, existing multifamily use, and valuable land creates a compelling proposition for buyers looking beyond the current improvements. For developers, the real opportunity lies in the land. The existing structure can serve as a source of rental income while plans are evaluated, or the site can be considered for a future redevelopment project. Buyers should independently verify zoning, allowable density, setbacks, building requirements, parking requirements, and any other development parameters with the City of Newport Beach. Whether acquired as an income-producing triplex, repositioned through renovation, or explored as a future redevelopment site, 203 6th Street offers a rare chance to secure a piece of Balboa Peninsula real estate with significant long-term potential.

Listing Status:
Active
Date Added:
September 4, 2026
Data Last Updated:
September 22, 2026 at 9:16PM
Listing Office:
Balboa Realty : 949-734-7419
Listing Agent:
Arthur Dorr : 9496737368
Contact:
9495009832
MLS ID:
NP26193591
  • General: Ceiling Fan(s)All Bedrooms Down
  • Appliances: Refrigerator
  • Laundry: Inside
  • Flooring: CarpetTileVinyl
  • A/C: None
  • Heating: Wall Furnace
  • Fireplace: None
  • General: None
  • Pool: None
  • Parking: Parking spaces: 0
  • Roofing: Flat
  • General: Stucco1Slab
  • HOA Amenities: 0.0
  • Originating MLS: CRMLS_CRM
  • County: Orange
  • Zoning: 04802214
  • View: NeighborhoodView
  • Fencing: Wood
  • Utilities: Electricity AvailableNatural Gas AvailableSewer AvailableWater Available
  • Water: Public
  • Sewer: Public Sewer
  • Source: CRMLS_CRM

This listing courtesy of Arthur Dorr , Balboa Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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