EQTY Forbes Global Properties
Listed by EQTY Forbes Global Properties
$4,099,999
1324 W Balboa Boulevard
Details
APN 04723329
Property Type Multifamily
Sub Type Apartment Building
Units 6
Buildings 1
Stories 2
Acreage 0.070
Zoning Assessor
Multifamily | 6 Units
Marketing description
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.
Listing Contacts
EQTY Forbes Global Properties
Listed by EQTY Forbes Global Properties
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Zoning
R-2 ResidentialTwo FamilyTwo Unit Residential
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View all 31 uses
View all 31 uses Last updated May 25, 2026 For deeper zoning details, reports are available at Zoneomics
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