$4,099,999
About this home
Rare investment opportunity just steps from the sand and surf in one of Newport Beach’s most sought-after coastal communities. This legally recognized triplex has been previously reconfigured into six income-generating units, maximizing rental potential while preserving long-term flexibility. The property has been recently updated, including interior unit improvements and fresh exterior paint, offering a clean and well-maintained impression throughout. On-site 3-carport parking adds convenience for tenants. With easy potential to convert back to 3 or 4 larger units, this property offers a flexible exit strategy for future redevelopment or owner-occupant use. Situated just a short stroll to the beach, Lido Marina Village, top dining, shops, and the harbor, this is a prime opportunity for both short- and long-term income investors. Interior unit photos and unit rent breakdown available upon request.
Facts & features
- Laundry
- Common Area
- Levels
- Two
- Lot size
- 0.07 acres (3,049 sq ft)
- Pool
- None
- Year built
- 1936
- Parking
- Carport
- Parking spaces
- 3
- Area
- NP - Balboa Peninsula
- County
- Orange
- Community features
- Sidewalks
- Status
- Active
- Property type
- Triplex
- Days on market
- 285
- Listed
- 2025-07-18
- Original price
- $4,200,000
- Terms
- Cash, Cash To New Loan
- Parcel #
- 04723329
- MLS #
- OC25162276
