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1324 W Balboa Blvd Newport Beach, CA 92661

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For Sale
$4,200,000

Rare investment triplex near the beach with income potential.

Lot size:
0.07 Acres

Property Features for 1324 W Balboa Blvd

General Information

Standard status
Active
Lot size
0.07 Acres

Building Details

Year built
1936

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Listing Contact
Brandon Hobbs
Brandon Hobbs
Source: Elliman

Listing Agent: Brandon Hobbs

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

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

Suggested Use

Law Firm Real Estate Agency Restaurant Dental Office Spa & Massage Center Hair Salon Nail Salon Building Supply Daycare Center Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Newport Beach
County
Orange
State
California
Longitude
-117.9182154
Latitude
33.6068116

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.
More about this property
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