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Shawn Bengtson

Office Broker - DRE 01236964

  • Office 760-805-7199
Questions?

1324 W Balboa Boulevard, Newport Beach – $4,200,000

  • 6 Beds
  • 7 Baths
  • .07 Acres
  • 123 DOM
  • 6 Beds
  • 7 Baths
  • .07 Acres
  • 123 DOM

1324 W Balboa Boulevard

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.

Essential Information

  • MLS® #OC25162276
  • Price$4,200,000
  • Bedrooms6
  • Bathrooms7.00
  • Acres0.07
  • Year Built1936
  • TypeResidential Income
  • Sub-TypeTriplex
  • StatusActive

Community Information

  • Address1324 W Balboa Boulevard
  • AreaNP - Balboa Peninsula
  • CityNewport Beach
  • CountyOrange
  • Zip Code92661

Subdivision

Balboa Peninsula (Residential) (BALP)

Amenities

  • Parking Spaces3
  • ParkingCarport
  • GaragesCarport
  • PoolNone

Interior

  • # of Stories2
  • StoriesTwo

Exterior

  • Lot DescriptionSixToTenUnitsAcre

Additional Information

  • Date ListedJuly 18th, 2025
  • Days on Market123

Listing Details

  • AgentBrandon Hobbs
  • OfficeArbor Real Estate
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Brandon Hobbs, Arbor Real Estate.

Based on information from California Regional Multiple Listing Service, Inc. as of November 19th, 2025 at 7:35pm PST. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.