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$4,099,999
1324 W Balboa Boulevard, Newport Beach, CA 92661
5Beds
5Baths
229Days Listed
Listed by Brandon Hobbs, Arbor Real Estate | 714-765-9880
About This Property
Rare investment opportunity just steps from the sand and surf in one of Newport Beachs 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.
Virtual Tour
Property Details
- Property Type
- Res Income 2-4 Units
- Bedrooms
- 5
- Bathrooms
- 5
- Building Area
- 0 Sqft
- Living Area
- 0 sqft
- Year Built
- 0
- Status
- Active
- Days on Market
- 229
- Cumulative Days on Market
- 219
- Original Price
- $4,200,000
Location & Neighborhood
What's nearby 1324 W Balboa Boulevard, Newport Beach, CA 92661
Nearby Schools
- Newport Elementary School93 yrd
elementary
Parks & Recreation
- 0.2 mi
- Marina Park0.3 mi
park
- San Remo Park0.3 mi
park
Local Amenities
Dining
- Lighthouse Cafe0.3 mi
- Baja Sharkeez0.6 mi
Coffee & Cafes
- Newport Coffee Co.0.6 mi
POI data updated 2/16/2026
Price History
$4,099,999
Feb 24, 2026
↓ $100,001
-2.4%
Original List Price
$4,200,000
Newport Beach Market Snapshot
386
Active Listings
$1593K
Median Price
110
Avg Days on Market
Last updated: Feb 22, 2026
Based on information from California Regional Multiple Listing Service, Inc. as of the date of this data. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.
$4,099,999