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.
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
Est.:
Triplex
Built in 1936
-- sqft lot
$4,076,500 Zestimate®
$1,259/sqft
$-- HOA
What's special
Fresh exterior paintInterior unit improvements
- 77 days |
- 495 |
- 11 |
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