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514 Balboa, Newport Beach, CA 92661

Newport Beach
Local realty services provided by:CENTURY 21 Masters
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...

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Home facts

  • Year built:1964
  • Listing ID #:SR25278723
  • Added:282 day(s) ago
  • Updated:October 29, 2026 at 04:37 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
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