514 Balboa, Newport Beach, CA 92661
Local realty services provided by:Better Homes and Gardens Real Estate Reliance Partners
514 Balboa,Newport Beach, CA 92661
$2,995,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: levon nargizyan
Office: houseiq
MLS#:SR25278723
Source:MLSListings
Price summary
- Price:$2,995,000
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 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 lon...
Contact an agent
Home facts
- Year built:1964
- Listing ID #:SR25278723
- Added:244 day(s) ago
- Updated:September 21, 2026 at 04:30 PM
Structure and exterior
- Year built:1964
- Lot area:0.05 Acres
- Lot Features:Greenbelt, Mid Block
- Exterior Features:Barbecue Area
- Foundation Description:Concrete Slab
Utilities
- Water:District - Public
Finances and disclosures
- Price:$2,995,000
Features and amenities
- Laundry features:In Garage, Laundry Area
Parking
- Parking description:Assigned Spaces, Garage
New listings near 514 Balboa
- Coming Soon
$4,495,000Coming Soon4 beds 4 baths2,960 sq. ft.2436 Holiday, Newport Beach, CA 92660
MLS# OC26205510Listed by: BREN AND FURSTENFELD ESTATES, INC. - Coming Soon
$5,995,000Coming Soon6 beds 7 baths7,042 sq. ft.20391 SW Cypress, Newport Beach, CA 92660
MLS# OC26204572Listed by: PACIFIC SOTHEBY'S INT'L REALTY - Coming Soon
$12,495,000Coming Soon5 beds 6 baths4,527 sq. ft.16 Pelican Point, Newport Coast, CA 92657
MLS# OC26201689Listed by: LUXE REAL ESTATE - Coming Soon
$11,500,000Coming Soon4 beds 5 baths4,446 sq. ft.1206 Sand Key, Corona Del Mar, CA 92625
MLS# NP26196178Listed by: VALIA PROPERTIES - Coming Soon
$4,595,000Coming Soon4 beds 2 baths1,858 sq. ft.4515 Cortland Drive, Corona Del Mar, CA 92625
MLS# NP26195198Listed by: PACIFIC SOTHEBY'S INT'L REALTY - Coming Soon
$13,998,000Coming Soon4 beds 5 baths3,800 sq. ft.1507 Seacrest Drive, Corona Del Mar, CA 92625
MLS# OC26164770Listed by: LUXE REAL ESTATE - Coming Soon
$2,995,000Coming Soon3 beds 2 baths1,600 sq. ft.510 1/2 35th Street, Newport Beach, CA 92663
MLS# NP26119414Listed by: COMPASS - Coming Soon
$4,195,000Coming Soon3 beds 4 baths2,120 sq. ft.510 35th Street, Newport Beach, CA 92663
MLS# NP26118934Listed by: COMPASS - Coming Soon
$24,900,000Coming Soon4 beds 6 baths6,319 sq. ft.306 Morning Canyon, Corona Del Mar, CA 92625
MLS# PW25278819Listed by: NEW CENTURY REALTORS - New
$978,000Active2 beds 2 baths1,120 sq. ft.200 Mcneil Lane #210, Newport Beach, CA 92663
MLS# PW26191729Listed by: COMPASS