1324 W Balboa BLVD Active Save Request In-Person Tour Request Virtual Tour
Newport Beach,CA 92661
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,336 sqft
Price per Sqft $1,258
Subdivision Balboa Peninsula (Residential) (Balp)
MLS Listing ID OC25162276
HOA Y/N No
Year Built 1936
Lot Size 3,049 Sqft
Acres 0.07
Property Sub-Type Triplex
Property Description
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.
Location
State CA
County Orange
Area Np - Balboa Peninsula
Interior
Laundry Common Area
Exterior
Parking Features Carport
Pool None
Community Features Sidewalks
Private Pool No
Building
Lot Description 6-10 Units/Acre
Story 2
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Special Listing Condition Standard
Virtual Tour https://player.vimeo.com/video/1102668747?badge=0&autopause=0&player_id=0&app_id=58479
Lease Land No
Confidential INFO
TERMS Cash,Cash To New Loan
LIST AGRMT Exclusive Right To Sell
LIST SERVICE Full Service
SHOW CONTACT TYPE Agent
SHOW CONTACT NAME Brandon Hobbs
SHOW CONTACT PH 714-765-7880
SHOW INSTRUCTIONS Showings only with acceptable offer.