514 W Balboa, Newport Beach, CA 92661

Newport Beach
Local realty services provided by:Better Homes and Gardens Real Estate Property Shoppe
514 W Balboa,Newport Beach, CA 92661
$2,995,000
  • - Beds
  • - Baths
  • 2,364 sq. ft.
  • Multi-family
  • Active
Listed by: levon nargizyan
Office: houseiq818-380-8080
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:141 day(s) ago
  • Updated:June 09, 2026 at 10:49 AM

Rooms and interior

  • 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

  • Amenities:All Bedrooms Up, Beamed Ceilings, Block Walls, In Law Floor Plan

Parking

  • Total parking spaces:4
  • Parking description:Assigned, Door-Multi, Garage
  • Garage:Yes
  • Garage spaces:4
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