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.
For sale
Listed by: Arbor Real Estate • Brandon Hobbs • Contact: 714-765-9880
$4,099,999
1324 W Balboa Blvd, Newport Beach, CA 92661
6beds
7baths
3,336sqft
Triplex
Built in 1936
-- sqft lot
$-- Zestimate®
$1,229/sqft
$-- HOA
What's special
Fresh exterior paintInterior unit improvements
- 359 days |
- 300 |
- 10 |
Zillow last checked:
Listing updated:
Listed by:
Brandon Hobbs DRE #01929235 949-673-7600,
Arbor Real Estate
Source: CRMLS,MLS#: OC25162276
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSLoading...
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 7
Appliances
- Laundry: Common Area
Features
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 3,336
- Total interior livable area: 3,336 sqft
Video & virtual tour
Property
Parking
- Total spaces: 3
- Parking features: Carport
- Carport spaces: 3
Features
- Levels: Two
- Stories: 2
- Entry location: Main
- Pool features: None
Lot
- Size: 3,049 Square Feet
- Features: 6-10 Units/Acre
Details
- Parcel number: 04723329
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1936
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Sidewalks
- Subdivision: Balboa Peninsula (Residential) (Balp)
Location
- Region: Newport Beach
Financial & listing details
- Price per square foot: $1,229/sqft
- Tax assessed value: $2,759,233
- Annual tax amount: $29,748
- Date on market: 7/19/2025
- Cumulative days on market: 359 days
- Listing terms: Cash,Cash to New Loan
- Total actual rent: 14600
Estimated market value
Not available
Estimated sales range
Not available
$7,847/mo
Price history
| Date | Event | Price |
|---|---|---|
| 2/21/2026 | Price change | $4,099,999-2.4%$1,229/sqft |
Source:  CRMLS #OC25162276 Report a problem | ||
| 7/19/2025 | Listed for sale | $4,200,000+73.2%$1,259/sqft |
Source: CRMLS #OC25162276 Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 5/10/2018 | Sold | $2,425,000-14.9%$727/sqft |
Source: Public Record Report a problem | ||
| 5/1/2018 | Price change | $1,700-5.6%$1/sqft |
Source: Owner Report a problem | ||
| 4/23/2018 | Listed for rent | $1,800+2.9%$1/sqft |
Source: Owner Report a problem | ||
| 2/6/2018 | Listed for sale | $2,850,000$854/sqft |
Source: Berkshire Hathaway HomeService #NP18012376 Report a problem | ||
| 2/3/2018 | Listing removed | $1,750-5.4%$1/sqft |
Source: Owner Report a problem | ||
| 1/16/2018 | Price change | $1,850-5.1%$1/sqft |
Source: Owner Report a problem | ||
| 1/4/2018 | Listed for rent | $1,950-7.1%$1/sqft |
Source: Owner Report a problem | ||
| 10/7/2017 | Listing removed | $2,100$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 10/5/2017 | Price change | $2,100-8.7%$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 9/15/2017 | Price change | $2,300-8%$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 9/6/2017 | Listed for rent | $2,500$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $29,748 +1.6% | $2,759,233 +2% |
| 2024 | $29,274 +2.4% | $2,705,131 +2% |
| 2023 | $28,585 +1.7% | $2,652,090 +2% |
| 2022 | $28,107 +1.9% | $2,600,089 +2% |
| 2021 | $27,571 +1% | $2,549,107 +1% |
| 2020 | $27,305 | $2,522,970 +2% |
| 2019 | $27,305 +2.1% | $2,473,500 +235.1% |
| 2018 | $26,747 +220.6% | $738,217 +2% |
| 2017 | $8,344 | $723,743 +2% |
| 2016 | $8,344 +2.2% | $709,552 +1.5% |
| 2015 | $8,163 +3.4% | $698,894 +2% |
| 2014 | $7,894 | $685,204 +0.5% |
| 2013 | -- | $682,108 -44.3% |
| 2012 | -- | $1,224,000 +86.7% |
| 2011 | -- | $655,622 +0.8% |
| 2010 | -- | $650,723 -0.2% |
| 2009 | -- | $652,270 +2% |
| 2008 | -- | $639,481 +2% |
| 2007 | -- | $626,943 +2% |
| 2006 | -- | $614,650 +2% |
| 2005 | -- | $602,599 +2% |
| 2004 | -- | $590,784 +1.9% |
| 2003 | -- | $579,957 +2% |
| 2002 | -- | $568,586 +2% |
| 2001 | $5,825 +2.6% | $557,438 +2% |
| 2000 | $5,678 | $546,508 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 92661
Nearby schools
GreatSchools rating
- 8/10Newport Elementary SchoolGrades: K-6Distance: 0 mi
- 9/10Horace Ensign Intermediate SchoolGrades: 7-8Distance: 0.8 mi
- 9/10Newport Harbor High SchoolGrades: 9-12Distance: 1.2 mi
- $--1 bd1 ba500 sqft1324 W Balboa Blvd #A, Newport Beach, CA 92661Off Market
- $--1 bd1 ba325 sqft1324 W Balboa Blvd #A2, Newport Beach, CA 92661Off Market
- $--1 bd1 ba221 sqft1324 W Balboa Blvd #C1, Newport Beach, CA 92661Off Market
- $--1 bd1 ba450 sqft1324 W Balboa Blvd APT C, Newport Beach, CA 92661Off Market
- $1,775,693-- bd-- ba2.5k sqft1328 W Balboa Blvd, Newport Beach, CA 92661Off Market
- $--3 bd2 ba1k sqft1328 W Balboa Blvd APT C, Newport Beach, CA 92661Off Market
- $--1 bd1 ba-- sqft1328 W Balboa Blvd UNIT B, Newport Beach, CA 92661Off Market
- $--2 bd1 ba780 sqft1328 W Balboa Blvd APT A, Newport Beach, CA 92661Off Market
A local agent can set up tours, give advice and negotiate with sellers.
Similar homes
- $3,850,0007 bd5 ba2.3k sqft1320 W Balboa Blvd, Newport Beach, CA 92661For Sale
MLS ID #NP25108122, Tyler Brown, Serhant California, Inc. CRMLS - $3,499,0005 bd4 ba2.4k sqft520 W Balboa Blvd, Newport Beach, CA 92661For Sale
MLS ID #NP26129020, Jon Martino, Jon Martino. CRMLS - $4,150,0003 bd5 ba2.5k sqft428 E Bay Ave, Newport Beach, CA 92661For Sale
MLS ID #NP26143084, Kimberly Bibb, Pacific Sotheby's Int'l Realty. CRMLS - $3,595,0005 bd3 ba2.4k sqft203 8th St, Newport Beach, CA 92661For Sale
MLS ID #NP26045833, AJ Olson Whitfield, Pacific Sotheby's Int'l Realty. CRMLS - $3,595,0004 bd2 ba1.8k sqft211 Cypress St, Newport Beach, CA 92661For SaleMLS ID #26833345, Christopher Garner DRE # 02245213, Christopher Garner. CLAW
- $4,195,0003 bd4 ba2.6k sqft211 E Bay Ave, Newport Beach, CA 92661For SaleMLS ID #OC25265033, RJ Burke, Keller Williams Realty. CRMLS
- $3,998,0004 bd5 ba3k sqft1589 E Ocean Blvd, Newport Beach, CA 92661For SaleMLS ID #NP26149960, Tara Foster Shapiro, Coldwell Banker Realty. CRMLS
- $3,595,0006 bd3 ba2.4k sqft1805 Clay St, Newport Beach, CA 92663For SaleMLS ID #NP25088084, Timothy Carr, Pacific Sotheby's Int'l Realty. CRMLS
- $5,995,0005 bd4 ba2.3k sqft1311 W Bay Ave, Newport Beach, CA 92661For SaleMLS ID #NP26099892, Tim Smith, Coldwell Banker Realty. CRMLS
- $4,150,0005 bd5 ba2.8k sqft224 Amethyst Ave, Newport Beach, CA 92662For SaleMLS ID #NP26078596, Katie Machoskie, Compass. CRMLS
- $4,200,0003 bd5 ba2.7k sqft600 Orchid Ave, Corona Del Mar, CA 92625For SaleMLS ID #NP26151765, Lance Boggs, Lance Boggs, Broker. CRMLS
- $3,448,0004 bd3 ba2k sqft126 E Balboa Blvd, Newport Beach, CA 92661For SaleMLS ID #IV25238475, VINOD DESAR, BERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA REALTY. CRMLS
- $4,600,0007 bd4 ba2.9k sqft4404 Channel Pl, Newport Beach, CA 92663For SaleMLS ID #OC26036737, Brandon Hobbs, Arbor Real Estate. CRMLS
- $3,500,0006 bd4 ba2.1k sqft219 32nd St, Newport Beach, CA 92663For SaleMLS ID #PW26074221, Shala Emdadi, Real Estate Legends USA. CRMLS
- $3,999,9005 bd2 ba2.1k sqft327 Onyx Ave, Newport Beach, CA 92662For SaleMLS ID #NP26074825, Brian Gibney, Coldwell Banker Realty. CRMLS
- $2,995,0003 bd4 ba2.3k sqft514 W Balboa Blvd, Newport Beach, CA 92661For SaleMLS ID #SR25278723, Levon Nargizyan, HouseIQ. CRMLS
- $3,200,0003 bd3 ba2.1k sqft3510 Lake Ave, Newport Beach, CA 92663For SaleMLS ID #CV26146965, Jasmine Silva, COLDWELL BANKER LEADERS. CRMLS
- $4,500,0004 bd3 ba2.5k sqft1842 Santiago Dr, Newport Beach, CA 92660For SaleMLS ID #OC26137814, Steve Celotto, Coldwell Banker Realty. CRMLS
- $3,250,0005 bd4 ba2.3k sqft406 Clubhouse Ave, Newport Beach, CA 92663For SaleMLS ID #NP26098507, Justin Reynolds, D E Properties. CRMLS
- $5,385,0006 bd7 ba3.4k sqft419 Balboa E, Newport Beach, CA 92661For SaleMLS ID #NP26117423, Tyler Brown, Serhant California, Inc. CRMLS
Local buyer's agents are ready to help
