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1324 W Balboa Blvd
For Sale $4,200,000
$4,200,000
- Unknown Bedrooms
- Unknown Bathrooms
- Unknown Sq Ft
- 3,049 Sq Ft
Description
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.
Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $4,200,000 |
| Property Type | Triplex (3-units) |
| Usable Sqft | Unknown |
| Number of Stories | 2 stories |
| Parking Spots | 0 spots |
| Year Built | 1936 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| HOA Fees: | $0 |
| Association Name: | Unknown |
| Association Amenities: | Unknown |
| APN # | 04723329 |
| MLS # | OC25162276 |
| Property ID | 322000195 |
| Lot Sqft | 3,049 |
| Zoning | Unknown |
| Total Units | 6 |
| Days on Market | 156 |
| Original List Price | $4,200,000 |
| Date Updated | October 13, 2025 |
| Date Created | July 18, 2025 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | $14,600 | $0 |
| Net Income (Yr) | $ 165,364 |
Listing Provided By
Brandon Hobbs an agent of . Lic #01929235
© 2025 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of October 13, 2025 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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Robert Crawford
REAL ESTATE AGENT