512 W Balboa Boulevard, Newport Beach, CA 92661

About this property

Discover a fantastic 4-unit mixed-use residential and commercial property in the vibrant heart of Newport Beach Peninsula. This prime location features two charming residential units upstairs and two bustling retail spaces downstairs, currently leased to a popular salon and barbershop. Just a short stroll from the beach, an array of restaurants, entertainment options, and boutique shops, this property offers the perfect blend of convenience and coastal living. All renters are on a flexible month-to-month basis, providing versatility for potential owners. The property also includes two one-car garage spaces and a convenient laundry room on the ground floor. Reroofed in 2021, Balcony waterproofing in 2024. Don’t miss this opportunity to invest in a thriving community!

Listing description from the February 2025 sale, as reported to CRMLS.

Sale history

$2,330,000

Sold February 2025 · listed $2,399,000, orig. $2,500,000, on market October 2024 · MLS #WS24205398 · Source: CRMLS

Listing Agent: MICHAEL TRUONG · Listing Office: THE HILLCREST TEAM · Contact: 909-990-8855 · Bought with: D. Timothy Byrne · Compass

$1,220,000

Sold March 2014 · listed $1,299,000, on market January 2014 · MLS #NP14016506 · Source: CRMLS

Listing Agent: William Perry · Listing Office: First Team Estates · Contact: 949-759-5747 · Bought with: William Perry · First Team Estates

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