1324 W Balboa Boulevard, Newport Beach, CA 92661
List Price: $4.1M
Listing Status: Active
Original List Price: $4.2M
0Days on Market: 269
0 Bedrooms · 0 Bathrooms
Property Type: ResidentialIncome
Year Built: 1936
Lot Size: 3,049 sq ft
Private Pool: Yes
MLS Number: OC25162276
About This Property
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.