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Closed
- Listed price
- $2,850,000
- Listed Feb 5, 2018
- Sold price
- $2,425,000
- Sold May 10, 2018
3,049 sqft lot|1958 Built|92 MLS days on market
1324 W Balboa Blvd, Newport Beach, CA 92661
Property Description
Prime investment income property located in the heart of Balboa Peninsula. Well Maintained. PROPERTY IS A LEGAL TRIPLEX when seller acquired the units it was split into 6 units to maximize the income. The unit mix consists of the following: Two 2 bedrooms, one bath (Units A & B), four one bedroom, one bath Units A1, A2, C and C1-unit C has a den. Units A & B have their own washer & dryer. There are 3 carports. These units can easily be converted back to 3 or 4 large units. Conveniently located within a walking distance to the ocean and all restaurants and shops in Lido.
Listing agent: Mehdi KhoshDRE #00892388mehdi@mehdikhosh.com, Listing office: Berkshire Hathaway HomeService
MLS data updated 11/2/2026, 9:40:51 PM PT
Source: CRMLSMLS #: NP18012376
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$2,425,000
May 10, 2018
Available records22018
From MLS recordsActual listing and closing events
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This home · nearest recorded event
No recordNo property-price record in this range.ZIP 92661 · Nov 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.This home · 0 price recordsNo records in this period
ZIP 92661 · same property typeThis MLS property type has no exact comparison group.
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Recorded sales in this period (0)
No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
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MLS records may be incomplete. Earlier asking prices are not sale prices.