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3,336 sqft

$4,099,999

1324 W Balboa Boulevard, Newport Beach CA, 92661

Price per sqft$1,229.02
Built in1936
Property size3,336 sqft
Property typeMulti-family
Listed by Brandon Hobbs CA DRE# 01929235 with Arbor Real Estate 949-673-7600

Overview

Active

Listed Jul 19, 2025

Updated 3 weeks ago

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.

$27,277/mo

Est. mortgage payment based on a $4,099,999 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
OC25162276

Interior Features

Basement
No

Exterior Features

Lot Size
0.07 Acres

Other Property Details

Maintenance Expense
$600
55+/Senior Community
No
MLS provider logo

Listed by Brandon Hobbs CA DRE# 01929235 with Arbor Real Estate 949-673-7600

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 8/25/2026. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2026 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 8/25/2026 at 1:19 AM UTC Last Checked: 1:19 AM UTC

 

 

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