Newport Beach CA Multi Family for Sale

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Type:
Duplex
Sq.Ft.:
3,319
Status:
Active
Beds:
n/a
Lot size:
0.07 Acres
Year built:
1972
Baths:
MLS#:
PW24255186
Subdivision:
Balboa Peninsula (Residential) (BALP)

ADDITIONAL INFORMATION

Rare Peninsula Offering - First Time on Market in Over 50 Years! Located just steps from the Newport Harbor Yacht Club, beach, and the iconic boardwalk, this well-appointed duplex offers a prime coastal location in the heart of Newport Beach. Lower Unit: Spacious 3-bedroom, 2-bathroom, recently updated for turnkey living. Upper Unit: Expansive 4-bedroom, 2-bathroom, also updated with stylish finishes throughout. Both units are turnkey, well taken care off, have been consistent and strong performers on the rental market. Ideal for multi-family living, vacation rentals, or investment. With its unbeatable proximity to the harbor and local attractions, this property presents a rare opportunity to own in one of the most coveted areas of the Peninsula.

Type:
Duplex
Sq.Ft.:
2,000
Status:
Active
Beds:
n/a
Lot size:
0.07 Acres
Year built:
1929
Baths:
MLS#:
OC24248595
Subdivision:
Other

ADDITIONAL INFORMATION

What a dream come true to own one of the best locations on the Balboa Peninsula and a property that has TWO ACTIVE SHORT TERM LODGING PERMITS. This duplex is situated between the Newport and Balboa Piers, just one house from the ocean and just a short block away from the Balboa Bay! 1113 W. Balboa has a fabulously large lot...31 X 103... can suite many buyers needs. Property is zoned R2 Single.. Totally remodeled from stem to stern. The front cottage is 3 bedrooms and two bathrooms, not all bedrooms have closets, wardrobes have been provided and laundry facilities. Not only do you have a a front garden, you have a private back patio/yard for BBQ-ing. The back cottage is remarkable... in the sense that you have three stories, from the second floor kitchen you have a peek of the ocean and from the third story loft/family room your view is fairly lovely. Once again, the back cottage has been totally remodeled, like living in a coastal cottage 'treehouse'. This property has an attached garage with laundry facilities. All furnishings are included for both properties.

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
5
Lot size:
0.06 Acres
Year built:
1965
Baths:
MLS#:
CRNP24249227

ADDITIONAL INFORMATION

Situated between the ocean and the bay, this beautifully remodeled duplex offers an exceptional location with breathtaking rooftop views of Newport Bay and the sparkling surf. Each unit features modern upgrades, including contemporary kitchen finishes, a soothing neutral color palette, and expansive indoor-outdoor living spaces designed to capture the essence of coastal living. The lower unit features two bedrooms, one bathroom, and a generous front patio with its own private entrance—perfect for relaxation or hosting guests. The upper unit boasts three bedrooms, two bathrooms, a private entrance, and an impressive rooftop deck ideal for enjoying tranquil panoramic views, refreshing ocean breezes, and al fresco dining. Both units include access to one garage parking space and share a washer and dryer. Boating and sailing enthusiasts will appreciate the property’s proximity to the Newport Harbor Yacht Club. With a proven track record of rental income, this duplex presents a unique opportunity to live in one unit while generating revenue from the other. Experience the coveted Newport Beach lifestyle with world-class beaches, surfing, paddleboarding, sailing, and dining just moments away.

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
5
Lot size:
0.06 Acres
Year built:
1977
Baths:
MLS#:
CROC24227242

ADDITIONAL INFORMATION

Discover the perfect coastal investment opportunity with this charming duplex, ideally located just a block from the beach. This spacious property offers two separate units, making it perfect for both investors and those looking to enjoy the beach lifestyle while generating rental income. The upstairs unit features 3 bedrooms and 2 bathrooms. It also features vaulted ceilings, upgraded surfaces and a private balcony on both the front and rear of the property. The downstairs unit offers 2 bedrooms and 1 bathroom and a private covered patio, making it a cozy retreat with easy access to all the area has to offer. A standout feature of this property is the rare 4-car tandem parking, ensuring convenience for both residents and guests. The lot spans 2,614 square feet, with a living area of 1,996 square feet across both units. Located only feet from the beach, Balboa Pier, Fun Zone, and the ferry to Balboa Island, this duplex offers an unbeatable lifestyle with endless entertainment, dining, and shopping options. Whether you're looking to live in one unit and rent the other, or capitalize on a full rental opportunity, this property is a rare find in a highly sought-after location. Don't miss your chance to own a piece of coastal paradise.

Type:
Mixed Use
Sq.Ft.:
2,482
Status:
Active
Beds:
n/a
Lot size:
0.05 Acres
Year built:
1960
Baths:
MLS#:
WS24205398
Subdivision:
Balboa Peninsula (Residential) (BALP)

ADDITIONAL INFORMATION

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!

Type:
Mixed Use
Sq.Ft.:
2,284
Status:
Active
Beds:
n/a
Lot size:
0.07 Acres
Year built:
1952
Baths:
MLS#:
PW24187699
Subdivision:
Balboa Peninsula (Residential) (BALP)

ADDITIONAL INFORMATION

Development Opportunity: Two adjacent lots near the beach with a combined 6098 square feet of lot space in the 1st 100 block of Balboa Blvd., this unique offering at 1213 & 1209 W. Balboa Blvd. presents endless possibilities for investors and developers while generating almost $16,000 in combined monthly property income as you develop plans for future improvements. 1213 W. Balboa Blvd. features three spacious income apartments. The apartment homes include two 2-bedroom, 2-bath units—one upstairs and one downstairs—and a 1-bedroom, 1-bath unit located above the garages. The property also consists of a two-car garage, a one-car garage, and three tandem parking spots behind the garages. Tenants share the community laundry room located at 1209 W. Balboa Blvd. Together, these two lots provide a range of development opportunities. You could build your dream home, construct a home with an ADU, develop condos, or reconstruct and maintain them as income-generating apartments. Don’t miss this chance to own two side-by-side beach-close lots with incredible potential.

Type:
Mixed Use
Sq.Ft.:
2,066
Status:
Active
Beds:
n/a
Lot size:
0.07 Acres
Year built:
1952
Baths:
MLS#:
PW24187629
Subdivision:
Balboa Peninsula (Residential) (BALP)

ADDITIONAL INFORMATION

Development Opportunity: Two adjacent lots near the beach with a combined 6098 square feet of lot space in the 1st 100 block of Balboa Blvd., this unique offering at 1213 & 1209 W. Balboa Blvd. presents endless possibilities for investors and developers while generating almost $16,000 in combined monthly property income as you develop plans for future improvements. 1209 W. Balboa Blvd. features three spacious income apartments. The apartment homes include two 2-bedroom, 2-bath units—one upstairs and one downstairs—and a 1-bedroom, 1-bath unit located above the garages. The property also consists of a two-car garage, a one-car garage, and three tandem parking spots behind the garages. Tenants share the community laundry room located at 1209 W. Balboa Blvd. Together, these two lots provide a range of development opportunities. You could build your dream home, construct a home with an ADU, develop condos, or reconstruct and maintain them as income-generating apartments. Don’t miss this chance to own two side-by-side beach-close lots with incredible potential.

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
4
Lot size:
0.07 Acres
Year built:
2003
Baths:
MLS#:
CRNP24171407

ADDITIONAL INFORMATION

CALL WITH OFFERS! Welcome to 421 E. Edgewater, Newport Beach's most desired view of the the iconic Newport Harbor. You will lose yourself in the beauty and tranquility of the ultimate vacation lifestyle of living on the water, overlooking your private beach and boat dock that can accommodate a 65 ft vessel. Launch your paddle boards or kayaks on your water playground! Bay front homes with this view, a private beach and such a large boat slip rarely become available at this price, and promise to provide generational wealth for their owners. FULLY APPROVED PERMIT READY PLANS are included to add a third floor and roof top patio, giving you the potential to unlock millions of dollars in equity! This fantastic option allows you to add a new third-floor bedroom, bathroom, and large California room with glass walls that open up to arguably the largest roof deck in the area. Become the envy of all your friends and passers-by as they sail through the channel and see your fabulous outdoor living area with built-in barbecue, large outdoor television, hot tub and fire pit. Discover Newport Beach's finest restaurants located right on the water. Just pull up in your boat and valet park to find refined dining and amazing shopping. Don't wait! You won't want to miss all the fun and festivities o

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
5
Lot size:
0.06 Acres
Year built:
1976
Baths:
MLS#:
CROC24168812

ADDITIONAL INFORMATION

Welcome to the epitome of California Bayfront luxury! Nestled in the heart of Newport Beach’s Balboa Peninsula, this exceptionally rare Bayfront duplex has been completely renovated from top to bottom and is located on a generous corner lot. Never lived in since the remodel, it includes a private dock to accommodate a 50'+ yacht plus a side-tie Duffy. Clearly, a rare treasure waiting to be discovered. Boasting bay views, coastal charm, and modern amenities, this property redefines Bayfront living in every way and is a fantastic addition to any investor's portfolio. This duplex offers exclusive access to a semi-private beach and an intimate rooftop deck, providing breathtaking vistas of the bay, Balboa Island, Harbor Island, and beyond. Conveniently located near popular attractions such as restaurants, the Balboa Island Ferry, the Fun Zone, and world-class beaches, you'll experience the best of Newport Beach right at your doorstep. Step into luxury as both residences have been meticulously remodeled from the studs, featuring designer upgrades and high-end finishes throughout. With a total of 5 bedrooms and 5 baths across approximately 3,000 square feet, each home offers spacious living areas and abundant natural light, creating an inviting and sophisticated atmosphere. The main

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
5
Lot size:
0.06 Acres
Year built:
1930
Baths:
MLS#:
CRNP24122462

ADDITIONAL INFORMATION

Own Your Slice of California Paradise: Exquisite Oceanfront Duplex with Established Rental Income For the discerning investor and coastal enthusiast, presenting 200 E Oceanfront, Newport Beach—a rare opportunity to secure a piece of the California coastline with built-in revenue. This premier corner lot duplex offers unparalleled versatility. Spanning 2,428 square feet on a 30 ft wide corner lot, this meticulously designed property features two distinct, beautifully appointed units. The expansive 4-bedroom, 3-bathroom front home boasts breathtaking, unobstructed ocean views, perfect for entertaining and serene relaxation. The charming 1-bedroom, 1-bathroom rear unit offers delightful Pacific Ocean vistas from its living and dining areas, ideal for short-term rentals or as a cozy retreat for guests. This property seamlessly merges investment with lifestyle, boasting two highly coveted short-term lodging permits and a proven rental history. With future bookings already secured, you can enjoy a steady revenue stream from the moment you acquire. Additionally, the property provides the unique advantage of generating income while you develop and approve new building plans for the site should you decide to pursue future expansion. Situated in the vibrant heart of the Balboa Peninsula,

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Barbara Lynn Simmons, CALBRE 637579, Xome Inc., CALBRE 1932600, [email protected], 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

Barbara Lynn Simmons, CALBRE 637579, Xome Inc., CALBRE 1932600, [email protected], 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361


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Newport Beach Real Estate

The median home value in Newport Beach, CA is $2,684,200. This is higher than the county median home value of $1,008,200. The national median home value is $338,100. The average price of homes sold in Newport Beach, CA is $2,684,200. Approximately 45.27% of Newport Beach homes are owned, compared to 39.14% rented, while 15.59% are vacant. Newport Beach real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Newport Beach real estate agent to arrange a tour today!

Newport Beach, California 92661 has a population of 85,806. Newport Beach 92661 is less family-centric than the surrounding county with 24.51% of the households containing married families with children. The county average for households married with children is 34.78%.

The median household income in Newport Beach, California 92661 is $142,463. The median household income for the surrounding county is $100,485 compared to the national median of $69,021. The median age of people living in Newport Beach 92661 is 48.2 years.

Newport Beach Weather

The average high temperature in July is 78 degrees, with an average low temperature in January of 47.3 degrees. The average rainfall is approximately 12.4 inches per year, with 0 inches of snow per year.

Newport Beach Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    46
    30-day change

Newport Beach Schools and Demographics

Education near Newport Beach, CA

Metric City County
High School Graduates 97.87 86.61
College Degree - 2 year 6.58 7.76
College Degree - 4 year 67.82 42.12
Graduate Degree 16.85 10.61
Expenditures per Student 15,277 15,277
Students per Teacher 23.2 23.2

Elementary Schools near Newport Beach, CA

School Grades Students P/T Ratio ZIP
Abraham Lincoln Elementary School KG - 06 620 27.4 92625
California Elementary School KG - 06 430 24.6 92626
College Park Elementary School KG - 06 589 24.5 92626
Eastbluff Elementary School KG - 06 398 22.1 92660
Everett A. Rea Elementary KG - 06 502 22.8 92627
Harbor View Elementary School KG - 06 429 26.2 92625
Heinz Kaiser Elementary School 03 - 06 681 28.6 92627
Mariners Elementary School KG - 06 742 25.6 92660
Maude B. Davis Elementary KG - 06 569 27.8 92626
Newport Coast Elementary School KG - 06 595 25.9 92657
Newport Elementary School KG - 06 485 24.3 92661
Newport Heights Elementary School KG - 06 685 27.4 92663
Paularino Elementary School KG - 06 444 22.2 92626
Pomona Elementary School KG - 06 500 25 92627
Roy O. Andersen Elementary KG - 06 370 24.7 92660
Sonora Elementary School KG - 06 527 25.1 92626
Victoria Elementary School KG - 06 360 21.2 92627
Whittier Elementary School KG - 06 729 26.5 92627
Wilson Elementary School KG - 06 526 22.9 92627
Woodland Elementary School KG - 02 517 23.5 92627

Middle Schools near Newport Beach, CA

School Grades Students P/T Ratio ZIP
Charles W. Tewinkle Middle 07 - 08 654 22.2 92626
Horace Ensign Intermediate School 07 - 08 1,173 27.6 92663

High Schools near Newport Beach, CA

School Grades Students P/T Ratio ZIP
Corona Del Mar High School 07 - 12 2,557 27.4 92660
Costa Mesa High School 07 - 12 1,779 25.6 92626
Estancia High School 09 - 12 1,335 25.3 92627
Newport Harbor High School 09 - 12 2,355 28.7 92663

Ungraded Schools near Newport Beach, CA

School Grades Students P/T Ratio ZIP
* Back Bay High School 09 - 12 175 18.7 92627
* Early College High School 09 - 12 249 24.8 92626
* Monte Vista High School 09 - 12 58 17.1 92627

Demographics near Newport Beach, CA 92661

Metric Zip Code City
Neighborhood Type Inner City
Population 85,806 3,182,923
Population Density 3,603 4,015
Median Age 48.2 38.5
People per Household 2.2 3
Median Household Income 142,463 100,485
Average Income per Capita 105,002 46,099