1324 W Balboa Boulevard, Newport Beach, California 92661, Newport Beach, - bed, bath

About this home
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.
Nearby schools
Price History
| Subject | Average Home | Neighbourhood Ranking (3 Listings) | |
|---|---|---|---|
| Beds | 0 | 0 | |
| Baths | 0 | 0 | |
| Square foot | 3,336 | 0 | 25% |
| Lot Size | 3,049 | 3,049 | 50% |
| Price | $4.2M | $2.7M | 75% |
| Price per square foot | $1,259 | $629.5 | 50% |
| Built year | 1936 | 9760976 | 25% |
| HOA | |||
| Days on market | 109 | 166 | 25% |

