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.
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.
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