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Listed by Brandon Hobbs • Arbor Real Estate
$4,200,000
Est. payment /mo
3,049 Sqft Lot
Active
1324 W Balboa BLD Newport Beach, CA 92661
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CROC25162276
Year Built 1936
Lot Size 3,049 Sqft
Source California Regional MLS
Property Description
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.
Location
State CA
County Orange
Area Np - Balboa Peninsula
Interior
Laundry Laundry Area
Exterior
Parking Features Carport
Garage Spaces 3.0
Pool None
Building
Water District - Public
Others
Tax ID 04723329
Special Listing Condition Not Applicable
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