For sale
  • Listing Provided by: 

    Brandon Hobbs DRE #01929235 949-673-7600,

    Arbor Real Estate

    $4,200,000

    1324 W Balboa Blvd, Newport Beach, CA 92661

    6beds
    7baths
    3,336sqft
    : 
    Triplex
    Built in 1936
    -- sqft lot
    $4,076,500 Zestimate®
    $1,259/sqft
    $-- HOA

    What's special

    Fresh exterior paintInterior unit improvements
    Rare investment opportunity just steps from the sand and surf in one of Newport Beach’s most sought-after coastal communities. This legally recognized triplex has been previously reconfigured into six income-generating units, maximizing rental potential while preserving long-term flexibility. The property has been recently updated, including interior unit improvements and fresh exterior paint, offering a clean and well-maintained impression throughout. On-site 3-carport parking adds convenience for tenants. With easy potential to convert back to 3 or 4 larger units, this property offers a flexible exit strategy for future redevelopment or owner-occupant use. Situated just a short stroll to the beach, Lido Marina Village, top dining, shops, and the harbor, this is a prime opportunity for both short- and long-term income investors. Interior unit photos and unit rent breakdown available upon request.
    77 days
    |
    495
    |
    11
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