Listing provided courtesy of Brandon Hobbs of Arbor Real Estate. Last updated 2025-07-27 08:11:29.000000. Listing information © 2025 Sandicor.
Asking Price: $4,200,000 |
1324 Balboa, Newport Beach CA 92661
Community: NP - Balboa Peninsula
This Triplex property was built in 1936 and is priced at $4,200,000. Please see the additional details below.
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.