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Newport Beach, CA Apartment Buildings for Sale

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Triplex Converted to Six Units
Updated: Jul 19, 2025
Triplex Converted to Six Units

1324 W Balboa Boulevard, Newport Beach, CA 92661

$4,099,999
1936‑built legally recognized triplex recently reconfigured into six income‑generating units
Recently updated with interior unit improvements and fresh exterior paint
On‑site 3‑carport parking for tenants
Property offers flexibility to convert back to 3 or 4 larger units for redevelopment or owner‑occupant use
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Newport Beach Multifamily Investment Opportunity
Updated: May 10, 2025
Newport Beach Multifamily Investment Opportunity

1601 15th Street, Newport Beach, CA 92663

$14,000,000
Roofs recently replaced (May 2025).
Twelve units fully renovated.
Opportunity to increase cash flow by renovating remaining eight units.
Gated property.
Central air conditioning and heat in each unit.
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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 2 Active listings in Newport Beach, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 70 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Multifamily Residential Income Property
Multifamily Residential Income Property

1519 N Ross, Santa Ana, CA 92706

$1,650,000
0.20 AC lot

For-sale multifamily residential income property in Santa Ana, CA 92706.

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Multifamily Property in Costa Mesa
Multifamily Property in Costa Mesa

2525 Elden, Costa Mesa, CA 92627

$3,600,000
0.46 AC lot

Versatile multifamily property in a desirable Costa Mesa location.

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Santa Ana Multifamily Investment Opportunity
Santa Ana Multifamily Investment Opportunity

1519 N Ross, Santa Ana, CA 92706

$1,650,000

Five updated units, including new ADU, in prime location.

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7-Unit Multifamily Investment Property
7-Unit Multifamily Investment Property

681 Victoria, Costa Mesa, CA 92627

$3,695,000

Multifamily asset with multiple unit layouts, in-unit laundry hookups, and ample parking plus two single garages.

View details

Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Development Opportunity with DTLA Views
Development Opportunity with DTLA Views

700 Lookout Dr, Los Angeles, CA 90012

$799,000
0.22 AC lot

Land with potential for up to 23 units.

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San Jacinto Land with Utilities
San Jacinto Land with Utilities

Rosario, San Jacinto, CA 92583

$155,000
0.33 AC lot

Unique lot with utilities available for multiple residential uses.

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Prime Commercial Land Opportunity
Prime Commercial Land Opportunity

31426 The Old Road N, Castaic, CA 91384

$2,250,000
2.05 AC lot

2+ acres of commercially zoned land with freeway exposure.

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Lancaster Corner Lot Investment Opportunity
Lancaster Corner Lot Investment Opportunity

Newgrove Street, Lancaster, CA 93534

$350,000
0.17 AC lot

0.17-acre corner lot in Lancaster with development potential.

View details

Off-Market Properties in Newport Beach, CA

Consider similar Off-Market properties in Newport Beach, CA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

1701 Balboa Blvd
APARTMENT HOUSE (5+ UNITS)

1701 Balboa Blvd, Newport Beach, CA 92663

Value Estimation by Request
7,553 sqft 0.18 AC lot
View details
1800 Westcliff Dr
APARTMENT HOUSE (5+ UNITS)

1800 Westcliff Dr, Newport Beach, CA 92660-5532

Value Estimation by Request
6,249 sqft 0.20 AC lot
View details
1838 Westcliff Dr
APARTMENT HOUSE (5+ UNITS)

1838 Westcliff Dr, Newport Beach, CA 92660-5535

Value Estimation by Request
6,250 sqft 0.22 AC lot
View details
1814 Westcliff Dr
APARTMENT HOUSE (5+ UNITS)

1814 Westcliff Dr, Newport Beach, CA 92660-5534

Value Estimation by Request
4,810 sqft 0.20 AC lot
View details
1318 Balboa Blvd
APARTMENT HOUSE (5+ UNITS)

1318 Balboa Blvd, Newport Beach, CA 92661

$810,000
Estimated value
4,422 sqft 0.14 AC lot
View details
900 Oceanfront
APARTMENT HOUSE (5+ UNITS)

900 Oceanfront, Newport Beach, CA 92661-1352

$3,835,000
Estimated value
5,855 sqft 0.15 AC lot
View details
777 Domingo Dr
APARTMENT HOUSE (5+ UNITS)

777 Domingo Dr, Newport Beach, CA 92660-4500

$3,140,000
Estimated value
19,206 sqft 1.10 AC lot
View details
1007 Balboa Blvd
APARTMENT HOUSE (5+ UNITS)

1007 Balboa Blvd, Newport Beach, CA 92661-1353

$8,500,000
Estimated value
4,704 sqft 0.08 AC lot
View details
1628 Oceanfront
APARTMENT HOUSE (5+ UNITS)

1628 Oceanfront, Newport Beach, CA 92663-4552

$12,150,000
Estimated value
1,536 sqft 0.08 AC lot
View details
1128 Rutland Rd
APARTMENT HOUSE (5+ UNITS)

1128 Rutland Rd, Newport Beach, CA 92660-4620

$4,650,000
Estimated value
6,785 sqft 0.22 AC lot
View details
310 Larkspur Ave
APARTMENT HOUSE (5+ UNITS)

310 Larkspur Ave, Corona Del Mar, CA 92625-3040

$1,025,000
Estimated value
3,588 sqft 0.22 AC lot
View details
315 Marguerite Ave
APARTMENT HOUSE (5+ UNITS)

315 Marguerite Ave, Corona Del Mar, CA 92625-3088

$845,000
Estimated value
2,756 sqft 0.10 AC lot
View details
1719 Balboa Blvd
APARTMENT HOUSE (UNDER 5 UNITS)

1719 Balboa Blvd, Newport Beach, CA 92663-7700

$925,000
Estimated value
4,842 sqft 0.06 AC lot
View details
1216 Balboa Blvd
APARTMENT HOUSE (5+ UNITS)

1216 Balboa Blvd, Newport Beach, CA 92661-1040

$7,730,000
Estimated value
5,382 sqft 0.14 AC lot
View details
800 Amigos Way
APARTMENT HOUSE (5+ UNITS)

800 Amigos Way, Newport Beach, CA 92660-4511

$3,960,000
Estimated value
6,519 sqft 0.30 AC lot
View details
1544 Miramar Dr
APARTMENT HOUSE (UNDER 5 UNITS)

1544 Miramar Dr, Newport Beach, CA 92661-1440

$1,465,000
Estimated value
4,346 sqft 0.10 AC lot
View details
739 Domingo Dr
APARTMENT HOUSE (5+ UNITS)

739 Domingo Dr, Newport Beach, CA 92660

$1,265,000
Estimated value
9,649 sqft 0.50 AC lot
View details
210 Cedar St
APARTMENT HOUSE (5+ UNITS)

210 Cedar St, Newport Beach, CA 92663-1951

$3,865,000
Estimated value
5,529 sqft 0.18 AC lot
View details
1003 Balboa Blvd
APARTMENT HOUSE (UNDER 5 UNITS)

1003 Balboa Blvd, Newport Beach, CA 92661-1311

$1,260,000
Estimated value
3,570 sqft 0.09 AC lot
View details
721 Amigos Way
APARTMENT HOUSE (5+ UNITS)

721 Amigos Way, Newport Beach, CA 92660-4532

$5,225,000
Estimated value
18,577 sqft 0.82 AC lot
View details
216 Balboa Blvd
APARTMENT HOUSE (UNDER 5 UNITS)

216 Balboa Blvd, Newport Beach, CA 92661-1296

$2,570,000
Estimated value
1,610 sqft 0.06 AC lot
View details
1069 Buckingham Ln
APARTMENT HOUSE (5+ UNITS)

1069 Buckingham Ln, Newport Beach, CA 92660-4720

$1,750,000
Estimated value
6,350 sqft 0.22 AC lot
View details

Newport Beach, CA Apartment Buildings Market Trends and Statistics

Explore 72 apartment buildings for sale in Newport Beach, CA on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $18,099,999.

Sale prices for two-family homes in Newport Beach, CA start at $4,099,999, averaging $9,049,999, and reaching up to $14,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 72K
Population Growth (5Y) -3.3%
Median Household Income $158,881
College Educated 68.6%

High-Yield Neighborhoods for Investment

Identify Newport Beach submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
92661 $4.1M
92663 $14M

Taxes & Financing

Tax Rate (average for all types) 1.05%
Property Tax per SF $7.62 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Orange County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Orange County

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in Newport Beach fall within the 100,000+ square foot range.

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