1324 W Balboa Blvd Newport Beach, CA 92661
Property Features for 1324 W Balboa Blvd
General Information
- Standard status
- Active
- Lot size
- 0.07 Acres
Building Details
- Year built
- 1936
Source:
Elliman
Listing Agent: Brandon Hobbs
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Newport Beach Triplex Investment Opportunity
This legally recognized triplex, located in a desirable coastal community of Newport Beach, presents a rare investment opportunity near the beach. The property has been reconfigured into six income-generating units, designed to maximize rental potential and maintain long-term flexibility. Recent updates include interior unit improvements and fresh exterior paint, contributing to a clean and well-maintained appearance. On-site parking is available in a 3-carport. The property offers the potential to convert back to 3 or 4 larger units, providing a flexible exit strategy for future redevelopment or owner-occupant use. The location provides convenient access to the beach, Lido Marina Village, various dining options, shops, and the harbor, making it suitable for both short- and long-term income investors. Interior unit photos and unit rent breakdown are available upon request.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
CAN Notary
Law Firm
Pearl Estates
Real Estate Agency
Envirostyle - Interior Design
Interior Design
Location Insight
- Map
- Local Demand
- City
- Newport Beach
- County
- Orange
- State
- California
- Longitude
- -117.9182154
- Latitude
- 33.6068116
Nearby Similar for Sale
FAQs
What type of property is this?
Triplex - Rare investment triplex near the beach with income potential.
Where is this triplex located?
The property is located at 1324 W Balboa Blvd Newport Beach, CA.
What is the asking price?
The asking price for this property is $4,200,000.
What are key features of this property?
This property features: - Steps from the beach in a desirable Newport Beach location.; - Legally recognized triplex currently configured as six income-generating units.; - Recently updated with interior unit improvements and fresh exterior paint.
