CA > Newport Beach > Balboa Peninsula (Residential) (Balp)
Newport Beach, CA 92661,1324 W Balboa BLVD
Newport Beach, CA 92661,1324 W Balboa BLVD
Newport Beach, CA 92661,1324 W Balboa BLVD
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$4,200,000
Est. payment /mo
3,049 Sqft Lot
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Subdivision Balboa Peninsula (Residential) (Balp)

MLS Listing ID OC25162276

HOA Y/N No

Year Built 1936

Lot Size 3,049 Sqft

Property Sub-Type Triplex

Property 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.

Location

State CA

County Orange

Area Np - Balboa Peninsula

Interior

Fireplace No

Laundry Common Area

Exterior

Parking Features Carport

Carport Spaces 3

Pool None

Community Features Sidewalks

Total Parking Spaces 3

Private Pool No

Building

Lot Description 6-10 Units/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 04723329

Energy Description 1270.0

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

Virtual Tour https://player.vimeo.com/video/1102668747?badge=0&autopause=0&player_id=0&app_id=58479

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CRMLS – RECore
Listed by Brandon Hobbs Arbor Real Estate 949-673-7600

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