1324 W Balboa Boulevard, Newport Beach, CA 92661

Building Details

Year Built

1936

Listing office Arbor Real Estate b***@brandonhobbsgroup.com Show Phone

Listing date Jul 20, 2025

Source Exitrealty

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Overview

This legally recognized triplex has been previously reconfigured into six income-generating units, creating a multi-unit setup designed for rental use. Recent updates include interior improvements and fresh exterior paint, giving the property a clean, maintained appearance. On-site parking is provided via a 3-carport arrangement for tenant convenience. The configuration can also be revisited, with stated flexibility to convert back to 3 or 4 larger units depending on future ownership goals.

The property is located at 1324 W Balboa Boulevard in Newport Beach, just steps from the beach in a coastal community. It is described as within a short stroll to Lido Marina Village, dining, shops, and the harbor, supporting an everyday location that appeals to residents seeking walkable access to coastal amenities.

For buyers and operators, the six-unit structure offers an income-oriented residential configuration, while the ability to reconfigure back to fewer, larger units provides an additional planning pathway. The combination of unit updates, on-site covered parking, and the property’s coastal proximity is intended to support both short- and long-term residential objectives, with additional unit and rent detail available upon request.

Suggested Use

Restaurant Law Firm Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop 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

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FAQs

What type of property is this?

Apartment building - Updated six-unit residential income property with carport parking, offering flexibility to reconfigure back to larger units.

Where is this apartment building located?

The property is located at 1324 W Balboa Boulevard Newport Beach, CA.

What is the asking price?

The asking price for this property is $4,099,999.

What are key features of this property?

This property features: 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