514 W Balboa, Newport Beach, CA 92661

Newport Beach
Local realty services provided by:Better Homes and Gardens Real Estate Everything Real Estate
514 W Balboa,Newport Beach, CA 92661
$2,995,000
  • - Beds
  • - Baths
  • 2,364 sq. ft.
  • Multi-family
  • Active
Listed by: levon nargizyan
Office: houseiq
MLS#:SR25278723
Source:CRMLS

Price summary

  • Price:$2,995,000
  • Price per sq. ft.:$1,266.92

About this home

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

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Home facts

  • Year built:1964
  • Listing ID #:SR25278723
  • Added:49 day(s) ago
  • Updated:March 09, 2026 at 05:28 PM

Rooms and interior

  • Bedroom Description:All Bedrooms Up, In Law Floorplan
  • Living area:2,364 sq. ft.

Structure and exterior

  • Roof:Common Roof
  • Year built:1964
  • Building area:2,364 sq. ft.
  • Lot area:0.05 Acres
  • Lot Features:Near Park, Rectangular Lot
  • Construction Materials:Block
  • Exterior Features:Barbecue
  • Foundation Description:Slab
  • Levels:2 Story

Utilities

  • Water:Public, Water Connected
  • Sewer:Public Sewer, Sewer Connected

Finances and disclosures

  • Price:$2,995,000
  • Price per sq. ft.:$1,266.92

Features and amenities

  • Laundry features:Common Area, Electric Dryer Hookup, Gas Dryer Hookup, In Garage
  • Amenities:Barbecue, Beamed Ceilings, In Law Floor Plan
Based on information from California Regional Multiple Listing Service, Inc. as of March 9, 2026 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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