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1324 W Balboa BoulevardNewport Beach, CA 92661

For Sale

$4,200,000

Smart Buyer Rebate $42,000

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.

Listed by Brandon Hobbs

·

License #01929235

·

Arbor Real Estate

·

949-673-7600

Last updated October 14, 2025

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Source: CRMLS #OC25162276

Listing Facts

  • TypeMulti-family
  • NeighborhoodCentral Newport Beach
  • Days on Prevu144

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

10/29/2025
Status changed to Active
$4,200,000
10/22/2025
Status changed to Removed from Feed
$4,200,000
10/05/2025
Status changed to Active
$4,200,000
10/03/2025
Status changed to Removed from Feed
$4,200,000
09/20/2025
Status changed to Active
$4,200,000
09/19/2025
Status changed to Removed from Feed
$4,200,000
09/18/2025
Status changed to Active
$4,200,000
09/17/2025
Status changed to Removed from Feed
$4,200,000
09/16/2025
Status changed to Active
$4,200,000
09/15/2025
Status changed to Removed from Feed
$4,200,000
09/14/2025
Status changed to Active
$4,200,000
09/12/2025
Status changed to Removed from Feed
$4,200,000
09/12/2025
Status changed to Active
$4,200,000
09/05/2025
Status changed to Removed from Feed
$4,200,000
09/05/2025
Status changed to Active
$4,200,000
09/04/2025
Status changed to Removed from Feed
$4,200,000
09/01/2025
Status changed to Active
$4,200,000
08/29/2025
Status changed to Removed from Feed
$4,200,000
07/19/2025
Listed by Arbor Real Estate
$4,200,000

Property Details for 1324 W Balboa Boulevard

Association

Amenities

  • Community Features: Sidewalks

Exterior

Construction

  • Number Of Units Total: 6
  • Property Attached: Yes
  • Stories: 2
  • Stories Total: 2
  • Year Built: 1936
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Entry Location: Main

Measurements

  • Building Area Total: 3,336
  • Building Area Units: Square Feet
  • Lot Features: 6-10 Units/Acre
  • Lot Size Acres: 0.07
  • Lot Size Area: 3,049
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 3,049
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Gross Income: $175,200.00
  • Operating Expense: $9,836.00

Taxes

  • Parcel Number: 04723329

Other

Location

  • Subdivision Name: Balboa Peninsula (Residential) (BALP)
  • Tax Block: 113
  • Tax Lot: 7

Parking

Parking

  • Carport Spaces: 3
  • Carport: Yes
  • Parking Features: Carport
  • Parking Total: 3

Utilities

Equipment

  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 1324 W Balboa Boulevard.

Does this multi-family home have parking?

Yes, there are 3 parking spaces available for 1324 W Balboa Boulevard.

How does 1324 W Balboa Boulevard compare to other multi-family homes in Central Newport Beach?

This multi-family home is listed 25% below the average price for multi-family homes in Central Newport Beach and has been on the market for 77 more days than the typical home in this area.

1324 W Balboa Boulevard is a -bedroom multi-family home for sale in Newport Beach CA 92661. Available on Prevu for 144 days at $4,200,000. This residence is located in Central Newport Beach. The median listing price for multi-family homes in this area is $4,295,000. Property amenities include parking. View other multi-family home listings in Orange County.

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.