Twitter
Facebook
Email
|
Rare coastal investment property located on West Balboa Boulevard, directly across from the beach and boardwalk in the highly desirable Balboa Peninsula. This classic two-story mixed-use building offers diversified income in one of Southern California's most sought-after beachfront markets. The upper level features two residential units currently tenant-occupied, providing steady residential income and the flexibility for future owner occupancy or continued rental operations. The ground floor is leased to an established restaurant tenant, delivering consistent commercial cash flow and benefiting from strong foot traffic in this prime coastal corridor. "¢ Prime beachfront location near the Balboa Pier, Fun Zone, shops, and dining "¢ Mixed-use zoning supporting both residential and commercial use "¢ Two income-producing residential units upstairs "¢ Tenant-occupied restaurant space on the ground floor "¢ Potential roof terrace and outdoor space adding lifestyle and value appeal This property presents an exceptional opportunity for investors seeking immediate income from both residential and commercial tenants, while also offering the option for an owner to occupy a residential unit in the future. Positioned in a high-visibility, high-demand coastal market, this asset combines long-term stability with upside potential in a truly premier Newport Beach location.
| DAYS ON MARKET | 80 | LAST UPDATED | 3/9/2026 |
|---|---|---|---|
| TRACT | Balboa Peninsula (Commercial) (BPCD) | YEAR BUILT | 1964 |
| COMMUNITY | NP - Balboa Peninsula | GARAGE SPACES | 4.0 |
| COUNTY | Orange | STATUS | Active |
| PROPERTY TYPE(S) | Residential Income |
| PRICE HISTORY | |
| Prior to Mar 9, '26 | $3,195,000 |
|---|---|
| Mar 9, '26 - Today | $2,995,000 |
| ADDITIONAL DETAILS | |
| AREA | NP - Balboa Peninsula |
|---|---|
| CONSTRUCTION | Block |
| EXTERIOR | Barbecue |
| GARAGE | Yes |
| INTERIOR | Beamed Ceilings, In-Law Floorplan |
| LOT | 2178 sq ft |
| LOT DESCRIPTION | Rectangular Lot |
| LOT DIMENSIONS | 2178 |
| PARKING | Assigned, Garage |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| SUBDIVISION | Balboa Peninsula (Commercial) (BPCD) |
| UTILITIES | Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Underground Utilities, Water Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | City Lights, Ocean |
| WATER | Public |
| WATERFRONT DESCRIPTION | Beach Access, Ocean Access |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
| / | |
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 3/16/26 3:01 PM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
This IDX solution is (c) Diverse Solutions 2026.