Home | Orange County | Newport Beach | 92661 | 514 W Balboa
MLS: CRSR25278723 | Status: Active | Price: $2,995,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | – | 2,178 | 1964 |
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
| Field | Value |
|---|---|
| MLS # | CRSR25278723 |
| MLS Source | California Regional MLS |
| Days on Site | 95 |
| Feature | Details |
|---|---|
| Roof | Other |
| Foundation | Slab |
| Pool | None |
| Feature | Details |
|---|---|
| Garage/Parking | Assigned Spaces, Garage, Garage: 4 Car(s) |
| HOA Fee | $0 |
Levon Nargizyan
HouseIQ
License #: 01349548
Phone: –
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 3 | 3 |
School data provided by GreatSchools.org
| Address | Price | Beds | Baths | Sq Ft | Status |
|---|---|---|---|---|---|
| 126 E Balboa | $3,448,000 | – | – | – | Active |
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This listing information is up-to-date as of March 09, 2026. For the most current information, please contact Levon Nargizyan.