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.
Get a detailed valuation report, schedule a tour or make an offer!
“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”
TurboHome Fair Market Estimate
TurboHome Savings
$67,326
TurboHome Estimated Value
$4,344,200
$6,746 sqft
High Valuation
$4,561,410
$7083/sqft
Normal Valuation
$4,344,200
$6746/sqft
Low Valuation
$4,126,990
$6408/sqft
3rd Party Estimates
Source | $/sqft | Valuation |
---|---|---|
HouseCanary | $6746/sqft | $4,344,200 |
Get a detailed valuation report, schedule a tour or make an offer!
“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”
Neighborhood: Balboa Peninsula (Residential) (BALP)
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Comparative Value
$2.90M
$4.20M
$4.80M
119 37th St, Newport Beach, CA 92663
Sale Price: $2,900,000
Selected Comparable
1324 W Balboa Blvd, Newport Beach, CA 92661
List Price: $4,200,000
Subject Property
2710 W Oceanfront, Newport Beach, CA 92663
Sale Price: $4,800,000
Selected Comparable
Neighborhood Comps
Subject Property
SUBJECT1324 W Balboa Blvd, Newport Beach, CA 92661
List: $4,200,000
Listed: 7/19/2025
Area:644 sqft
Price/sqft:$6,522
Beds:2
Baths:1
Year Built:—
Lot Size:3,049
Comparable Properties
COMPARABLEChoose comps
2710 W Oceanfront, Newport Beach, CA 92663
Sale: $4,800,000
6/17/2025 • 0.84 mi
Area:754 sqft
Price/sqft:$6,366
Beds:2
Baths:1
Year Built:—
Weight:56.9%
119 37th St, Newport Beach, CA 92663
Sale: $2,900,000
4/16/2025 • 1.22 mi
Area:540 sqft
Price/sqft:$5,370
Beds:1
Baths:1
Year Built:—
Weight:43.1%
Subject Property
SUBJECTImage | Address | List Price | sqft | Price/sqft | Lot Size | Distance | List Date | Beds | Baths | Year Built | Weight |
---|---|---|---|---|---|---|---|---|---|---|---|
1324 W Balboa Blvd, Newport Beach, CA 92661 | $4,200,000 | 644 | $6,522 | 3,049 | — | 7/19/2025 | 2 | 1 | — | — |
Comparable Properties
COMPARABLEChoose comps
Image | Address | Sale Price | sqft | Price/sqft | Lot Size | Distance | Sale Date | Beds | Baths | Year Built | Weight |
---|---|---|---|---|---|---|---|---|---|---|---|
2710 W Oceanfront, Newport Beach, CA 92663 | $4,800,000 | 754 | $6,366 | 1,875 | 0.84 mi | 6/17/2025 | 2 | 1 | — | 56.9% | |
119 37th St, Newport Beach, CA 92663 | $2,900,000 | 540 | $5,370 | 2,300 | 1.22 mi | 4/16/2025 | 1 | 1 | — | 43.1% |
Nearby Listings
14 similar properties within 5 miles

List Price: $3,609,000
1245 W Balboa Blvd, Newport Beach, CA 92661
2 bd 2 ba 432 sqft
TurboHome Est. Value:
$3,735,300

List Price: $3,825,000
103 Via San Remo, Newport Beach, CA 92663
3 bd 2 ba 2,215 sqft
TurboHome Est. Value:
$3,860,700

List Price: $3,395,000
231 Santa Ana Ave, Newport Beach, CA 92663
3 bd 2 ba 1,685 sqft
TurboHome Est. Value:
$3,769,700
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