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Listed by: Levon Nargizyan (818) 510-1617 DRE #01349548 | HouseIQ (818) 380-8080
$2,995,000
3 Beds
- 4 Baths
2,364sqft
514 W Balboa, Newport Beach, CA 92661
$2,995,000
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Mixed Use
Built in 1964
$-- HOA
2,178 sqft lot
$1,267/sq.ft
Description
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 beachfro...
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1964
HOA Fees
-
Finished Area
2,364 sqft
Lot Size
2,178 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
SR25278723
MLS Status
Active
Days on Market
217
Cumulative Days on Market
50
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