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514 W Balboa, Newport Beach, CA 92661

Newport Beach
Local realty services provided by:CENTURY 21 Sierra Properties
514 W Balboa,Newport Beach, CA 92661
$2,995,000
  • 3 Beds
  • - Baths
  • 2,364 sq. ft.
  • Multi-family
  • Active
Listed by: levon nargizyan
Office: houseiq
MLS#:CRSR25278723
Source:Bay East, CCAR, bridgeMLS

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 appeal...

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Home facts

  • Year built:1964
  • Listing ID #:CRSR25278723
  • Added:47 day(s) ago
  • Updated:March 09, 2026 at 08:53 PM

Rooms and interior

  • Bedrooms:3
  • Living area:2,364 sq. ft.

Structure and exterior

  • Year built:1964
  • Building area:2,364 sq. ft.
  • Lot area:0.05 Acres
  • Construction Materials:Block

Finances and disclosures

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

Features and amenities

  • Laundry features:Common Area, In Garage

Parking

  • Parking description:Assigned
MLS LogoBay East 2026. CCAR 2026 bridgeMLS 2026. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at March 9, 2026

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