Newport Beach, CA 92661,1324 W Balboa BLVD
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Newport Beach, CA 92661,1324 W Balboa BLVD
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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Julian Park

Julian Park

+1(818) 390-3265
$ 4,200,000
Est. payment /mo
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Active

1324 W Balboa BLVD Newport Beach, CA 92661

3,049 Sqft Lot

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

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

Nearby Locations

SCHOOLSPROPERTIES
Elementary Schools 15
  • 10

    Eastbluff Elementary School

    Public | KG - 6

  • 9

    Newport Elementary School

    Public | KG - 6

  • 8

    Newport Heights Elementary School

    Public | KG - 6

  • 8

    Mariners Elementary School

    Public | KG - 6

  • 8

    Kaiser Elementary School

    Public | 3 - 6

  • 5

    Pomona Elementary School

    Public | KG - 6

  • 4

    Victoria Elementary School

    Public | KG - 6

  • 3

    Whittier Elementary School

    Public | KG - 6

  • 1

    Rea Elementary School

    Public | KG - 6

  • 0

    Page Private School

    Private | PK - 8

  • 0

    Page Private School - Newport Mesa

    Private | PK - 8

  • 0

    St Joachim Elementary School

    Private | PK - 8

  • 0

    Woodland Child Devt Center

    Private | PK - 6

  • 0

    Woodland Elementary School

    Public | KG - 2

  • 0

    Our Lady Queen of Angels School

    Private | KG - 8

Middle Schools 2
  • 10

    Corona Del Mar Middle and High School

    Public | 7 - 12

  • 7

    Ensign Intermediate School

    Public | 7 - 8

High Schools 2
  • 8

    Newport Harbor High School

    Public | 9 - 12

  • 0

    Newport Academy Day School

    Private | 9 - 12

School and business data provided by Attom Data.
Julian Park

Julian Park

Broker, Loan Officer | License ID: 02018567

+1(818) 390-3265

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1324 W Balboa BLVD