Mixed-Use Building with
For Sale
$2,995,000
514 W Balboa Blvd, Newport Beach, CA 92661
Two occupied apartments sit above a restaurant leased to an established operator.
Property SizeContact for details
Days on Market286
Property Features for 514 W Balboa Blvd
General Information
Standard status
Active
Property subtype
Residential Income
Additional Details
Floor
Ground
Road Access
Yes
Multifamily Units
2
Tenant in Place
Yes
Building Details
Buildings
1
Stories
2
Tenancy
Multi
Listing Agency:
HouseIQ
(818) 380-8080
Listed By:
Levon Nargizyan
(818) 510-1617
Source:
Exprealty
Added: Jan 18
Changed: Oct 30
Last Checked: Oct 30 at 3:15PM
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 HouseIQ
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Investment Insights
Based on property information with market context.
This two-story mixed-use property at 514 W Balboa Blvd has two tenant-occupied residential units on the upper floor and a restaurant tenant on the ground floor. The restaurant space is leased, while both apartments are occupied, creating a property with residential and commercial tenancy. Mixed-use zoning supports both residential and commercial use.
The building is on West Balboa Boulevard in Newport Beach, directly across from the beach and boardwalk on the Balboa Peninsula. The Balboa Pier, Fun Zone, shops, and dining are nearby.
The building is on West Balboa Boulevard in Newport Beach, directly across from the beach and boardwalk on the Balboa Peninsula. The Balboa Pier, Fun Zone, shops, and dining are nearby.
Key Highlights
- Two tenant‑occupied residential units on the upper floor
- Ground‑floor restaurant space leased to an established tenant
- Two‑story mixed‑use building with mixed‑use zoning
Property Analytics
Who owns this building?
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Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
609
Businesses Nearby
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Business Placement
Demographics for 92661, CA
3,457
Population
2,727
Households
1.3
Avg Household Size
48
Median Age
58%
College-Educated
98%
High-School Grad
0.7 sq mi
ZIP Area
4,939
Density / Sq Mi
$209,620
Median Household Income
$135,407
Median Earnings
$2,836
Median Rent
$2,000,001
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Two occupied apartments sit above a restaurant leased to an established operator.
Where is this mixed-use property located?
The property is located at 514 W Balboa Blvd 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: Two tenant‑occupied residential units on the upper floor; Ground‑floor restaurant space leased to an established tenant; Two‑story mixed‑use building with mixed‑use zoning
