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$4,099,999 -$100,001 (-2.38%) Price Reduced

  • For Sale
  • Active
  • Multi-Family
  • Updated 5 hours ago
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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.

Full Property Details for 1324 W Balboa Blvd

General

  • Price: $4,099,999
  • Status: Active
  • Type: Multi-Family
  • Source: MRMLS
  • MLS ID: OC25162276
  • Updated: 2/21/2026
  • Days on Market: 217 days
  • Added to Site: 217 day(s) ago

Rooms

Other Rooms

  • Laundry: Common Area

Additional Information

  • Pool Description: None

Parking

  • Parking Features: Carport
  • Parking: Carport

Location

  • Area: NP - Balboa Peninsula
  • County: Orange
  • Development Name: NP - Balboa Peninsula
  • Driving Directions: Continue straight as the 55 Freeway ends, it turns into Newport Blvd., continue heading south for about 2.5 miles.After crossing the Balboa Blvd/32nd Street intersection,  veer right onto W Balboa Blvd. about 1 mile, on your right, near F St.

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • # Water Meters: 1
  • # Gas Meters: 3
  • # Electric Meters: 3

Structural Information

  • Entry Location: Main
  • Stories/Levels: Two
  • Stories Description: Two
  • Square Feet: 3,336
  • Year Built: 1936

Unit Information

Unit 1

  • Number of Units: 1
  • Total Bathrooms: 2
  • Bedrooms: 2

Unit 2

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 3

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 4

  • Number of Units: 1
  • Total Bathrooms: 1

Unit 5

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 6

  • Number of Units: 1
  • Total Bathrooms: 1

Lot Features

  • Lot Size (Acres): 0.07
  • Lot Size (Sq. Ft.): 3,049
  • Lot Size Source: Assessor
  • Lot Description: 6-10 Units/Acre

Financial Considerations

  • Price Per Sq. Ft.: $1,229.02
  • Price Per Unit: 683333

Listed by Arbor Real Estate, Brandon Hobbs

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Listing agent

— 1324 W Balboa Blvd —

  • Brandon Hobbs

    Arbor Real Estate

949-673-7600

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1324 W Balboa Blvd

School District:Newport-Mesa Unified School District
NameGradesDistance
Newport Elementary School
1327 West Balboa Boulevard, Newport Beach, CA 92661
K-60.1 mi
Horace Ensign Intermediate School
2000 Cliff Drive, Newport Beach, CA 92663
7-80.9 mi
Newport Harbor High School
600 Irvine Avenue, Newport Beach, CA 92663
9-121.2 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1324 W Balboa Blvd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/21/2026
Price Reduced
$4,099,999
-2.38%
MLS
7/19/2025
Listed
$4,200,000
73.2%
MLS
3/30/2018
Sold
$2,425,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1324 W Balboa Blvd

Year
Property Taxes
Change
Tax Assessment
Change
2025
$29,748
2%
$2,759,233
2%
2024
$29,275
2%
$2,705,131
2%
2023
$28,585
2%
$2,652,090
2%
2022
$28,107
2%
$2,600,089
2%
2021
$27,571
1%
$2,549,107
1%
2020
$27,305
2%
$2,522,970
2%
2019
$26,747
215%
$2,473,500
235%
2018
$8,491
2%
$738,217
2%
2017
$8,344
2%
$723,743
2%
2016
$8,163
1%
$709,552
2%
2015
$8,082
2%
$698,894
2%
2014
$7,894
1%
$685,204
—
2013
$7,842
—
$682,108
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 1324 W Balboa Blvd

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Arbor Real Estate, Brandon Hobbs

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1324 W Balboa Boulevard, Newport Beach, CA 92661 (MLS# OC25162276) is a Multi-Family property with 6 units containing 0 bedrooms and 0 full bathrooms. 1324 W Balboa Boulevard is currently listed for $4,099,999 and was received on July 19, 2025. Want to learn more about 1324 W Balboa Boulevard? Do you have questions about finding other Multi-Family real estate for sale in Newport Beach? You can browse all Newport Beach real estate or contact a Coldwell Banker agent to request more information.

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