Mohr Real Estate Group

Mohr Real Estate Group

1324 W Balboa BL Newport Beach CA 92661 MLS #OC25162276

1324 W Balboa BL
Newport Beach, CA, 92661
$4,099,999
Beds
0 Baths
0 SqFt
0.07 Acres
Add
Add
$4,099,999
1324 W Balboa BL
Newport Beach, CA, 92661
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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.

Property Details

Price:
$4,099,999
MLS #:
OC25162276
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Triplex
Subdivision:
Balboa Peninsula Residential BALP
Neighborhood:
npbalboapeninsula
Listed Date:
Jul 19, 2025
Total Sq Ft:
3,336
Lot Size:
3,049 sqft / 0.07 acres (approx)
Year Built:
1936
Np – Balboa PeninsulaNpbalboapeninsulaBalboa Peninsula Residential Balp

Schools

Interior

Laundry Features
AR
Levels
U

Exterior

Common Walls
_2CW
Community Features
SDW
Parking Spots
3
Parking Total
3

Financial

Maintenance Fee
$600
Net Operating Income
$165,364
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The Mohr Real Estate Group

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