$4,099,999

Multi Family In Newport Beach

  • 5 Beds
  • 5 Baths
  • 3,050 Sqft lot
  • Updated: April 7
  • Source:
    San Diego MLS  MLS#OC25162276

About the Property

Rare investment opportunity just steps from the sand and surf in one of Newport Beachs 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, offe
Rare investment opportunity just steps from the sand and surf in one of Newport Beachs 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.
  • Property type

    Other

  • Floors

    2

Features

  • Investment Property
  • Parking
  • Coastal

Explore the Area

1324 W Balboa Boulevard, Newport Beach, California, United States View on Google Maps
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Arbor Real Estate - Newport Beach

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Arbor Real Estate - Newport Beach
California, United States
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14
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2025
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Arbor Real Estate - Newport Beach
Newport Beach, California, United States
View agency profile
Last updated
April 7
First listed
Oct 28, 2025
Listing reference
OC25162276
Listing status
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