514 W Balboa Newport Beach, CA 92661
New
Beachfront mixed-use property with residential and commercial income.
Type:Investment
- Added:
- Apr 24, 2026
- Days on Market:
- 4
- Last Refresh:
- Apr 24 at 4:35 pm
Property Features for 514 W Balboa
General Information
- Standard status
- Active
- Property subtype
- Investment
Building Details
- Year Built
- 1964
Listing agent Levon Nargizyan
Listing office (818) 842-6800
Listing date Apr 24, 2026
Source Elliman
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Levon Nargizyan
Overview
Coastal Mixed-Use Investment Opportunity
This two-story mixed-use building is located on West Balboa Boulevard, directly across from the beach and boardwalk in Balboa Peninsula. The upper level features two tenant-occupied residential units, providing residential income and flexibility for future owner occupancy or continued rental operations. The ground floor is leased to an established restaurant tenant, delivering commercial cash flow and benefiting from foot traffic. The property is located near the Balboa Pier, Fun Zone, shops, and dining. The mixed-use zoning supports both residential and commercial use. There is potential for a roof terrace and outdoor space. This property offers immediate income from both residential and commercial tenants, while also offering the option for an owner to occupy a residential unit in the future. The location has a walk score of 90, indicating it is a walker's paradise, a bike score of 72, indicating it is very bikeable, and a transit score of 35, indicating some transit options are available.
Location Intelligence
Current Use by Public Records
Mixed-use properties
Location Insight
- Map
- Local Demand
- City
- Newport Beach
- County
- Orange
- State
- California
- Longitude
- -117.8954568
- Latitude
- 33.6070778
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FAQs
What type of property is this?
Mixed-use property - Beachfront mixed-use property with residential and commercial income.
Where is this mixed-use property located?
The property is located at 514 W Balboa Newport Beach, CA.
What is the asking price?
The asking price for this property is $2,995,000.
What are key features of this property?
This property features: Prime beachfront location directly across from the beach and boardwalk on Balboa Peninsula.; Mixed‑use zoning provides diversified income from residential and commercial tenants.; Immediate income from two tenant‑occupied residential units and an established restaurant.
