Newport Beach Investment Properties

Newport Beach is a world-class destination that offers sophisticated investors a variety of high-yield opportunities. Whether you are targeting multi-family residential units, luxury short-term rentals, or long-term appreciation plays, this market operates on structural scarcity. For a real-time look at pricing trends and cap rate potential, the data below refreshes directly from the MLS every 5 minutes.

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Strategic Investment Verticals

Vacation Rentals: Neighborhoods like Balboa Island and Corona del Mar remain the primary targets for short-term rental (STR) investors. High occupancy rates and premium nightly rates provide strong cash flow, provided you navigate the specific permit caps and city ordinances that govern this market.

Multi-Family Units: For long-term stability, duplexes and triplexes in Newport Heights and Eastbluff offer consistent rental demand. These assets are often used for 1031 Exchanges to defer capital gains while building equity in one of the most stable zip codes in the country.

Luxury Appreciation: Estates in Newport Coast and the gated islands represent the pinnacle of wealth preservation. While the initial entry point is higher, the historical appreciation and absolute scarcity of land in these areas insulate investors from broader market volatility.

Evaluating a 1031 Exchange or rental property? Call or text: 949-430-7500

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Success in the $10M+ luxury market or the $3M+ multi-family segment requires precise data. Let's run the numbers on your next acquisition.

Browse Newport Beach Investment Properties

Use the listings below to search active multifamily and income properties in Newport Beach directly from the MLS. If you have questions about a specific property or want to discuss investment strategy, contact us directly.

Investment Property FAQ

What are the best areas for investment in Newport Beach?

Balboa Island, Corona del Mar, and the Peninsula are premier choices for short-term vacation rentals due to high demand. For multi-family and long-term appreciation, Newport Heights and Eastbluff offer stable inventory with consistent rental demand.

Does Newport Beach have short-term rental restrictions?

Yes. Newport Beach has specific permit requirements and zoning ordinances for short-term rentals. Permit caps vary by neighborhood, and navigating these rules is essential for protecting your investment yield. Contact us for a current overview of local regulations before making an offer.

Is Newport Beach a good market for 1031 Exchanges?

Yes. Many investors move equity from lower-growth areas into Newport Beach to capture long-term appreciation and tax benefits. The stability of the 92660 and 92663 zip codes makes Newport Beach a preferred destination for high-value exchanges. We regularly work with investors navigating 1031 timelines in this market.

What are the permit requirements for vacation rentals in Newport Beach?

Newport Beach has a strict short-term lodging permit system. Permit caps vary by neighborhood, and understanding current availability is critical before making an offer on any short-term rental property. We provide updated regulatory analysis for investment clients evaluating Newport Beach vacation rental acquisitions.

Newport Beach Investment Properties For Sale

$2,365,000
NP26160585 MLS ⋅ Active Status
Original duplex on R-2 lot 25 X 90. Each unit 1 bed 1 bath with detached garage. Property sold "as is" seller will do no repairs. Trust sale and agent is related to Trustee. Priced to sell. Please have all buyers confirm with the City of Newport Beach Building to determine what can be done prior to writing an offer. Prime Peninsula location with strong future potential for building or redevelopment. Small 6 gallon view of ocean from the back.

3709 W Balboa, Newport Beach
$3,195,000
NP26144548 MLS ⋅ Active Status
Outstanding Balboa Island Commercial and Residential Mixed-Use building, centrally located near the Ferry, Balboa Pavilion, shopping, and restaurants. At 3,026 square feet, this is one of the largest buildings on the Island on a standard 30 x 85-foot lot. The lower-level commercial space has previously been leased as a dentist's office but would be ideal for a wide variety of retail or professional uses, and may also be leased as two separate commercial spaces. Behind this space are two large office/workshop areas, a half bathroom, and laundry facilities. The upstairs unit is bright and spacious, with three bedrooms, two baths, and an abundance of built-in storage. Completing the upper level is a huge, inviting, partially covered deck, perfect for daily living, dining, and entertaining. This unit is currently leased as a residence with long-term tenants. In the rear of the property is a two-car garage, plus open spaces for one or two additional vehicles. 122 Agate is a rare and exciting offering, perfect for a homeowner, entrepreneur, or investor!

122 Agate, Newport Beach
$16,995,000
OC26155362 MLS ⋅ Active Status
Rare waterfront investment opportunity in Newport Beach’s highly desirable Lido Peninsula. The property consists of four buildings totaling 10 units across three APNs: APN 423-083-12 (4 units), APN 423-083-11 (4 units), and APN 423-083-10 (2 units). Ideally positioned along the water with abundant natural light and premier bayfront views, this unique offering presents an exceptional opportunity for investors and developers to acquire a well-located multifamily asset with significant upside potential through strategic repositioning and enhancement of the existing units, while capitalizing on the strong demand for waterfront living in one of Southern California’s most sought-after coastal communities. The property also features a 50-foot dock, adding to the unique waterfront appeal of this rare Newport Beach offering. Do Not Visit Property Without Appointment - Contact Listing Office. Property is Tenant Occupied; Do Not Disturb Occupants

626 Clubhouse, Newport Beach
$3,200,000
CV26146965 MLS ⋅ Active Status
Property is located in Newport Beach Peninsula, highly desirable area, few minutes walking distance to the beach. Main house is 2 large bedrooms, 2 full bathrooms and a den that is currently being used as a 3rd bedroom, welcoming living room/dining area and open kitchen with laundry unit inside and large balcony upstairs. Upper unit has its own private stair entrance, 1 large bedroom, full bathroom, living room/dining area, kitchen with laundry area and private balcony. Additional features is main home has 2 car attached garage, upper unit has 2 car parking area. Perfect property for investment and/or personal use home. Walking distance to Pavilions shopping center and minutes from Lido Marina Village, shops and restaurants . Definitely a must see and great opportunity, first time on market. Home was rebuilt in 1988 as a duplex and has been used as a family home.

3510 Lake, Newport Beach
$8,800,000
7 Beds ⋅ 5 Baths ⋅ NP26144262 MLS ⋅ Active Status
Rare opportunity to own one of Lido Isle's few multifamily zoned bayfront properties. Ideally situated on the coveted bayfront with panoramic harbor views, a sandy beach at your doorstep, and a three-car garage, this triplex offers an exceptional combination of lifestyle, income potential, and long-term value. The property features two waterfront 3-bedroom, 2-bath residences, and a 1-bed, 1-bath apartment above the rear garage. The lower unit includes private laundry and a waterfront patio, while the upper unit enjoys sweeping bay views, a private patio, newly remodeled kitchen and appliances and private laundry. The 1- bedroom apartment has a recently remodeled kitchen with new cabinets and appliances along with a remodeled bath. Further property enhancements still offer the opportunity for further renovation to maximize value. All three units are currently occupied on month-to-month tenancies, providing immediate rental income. Adding to its investment appeal, the owner obtained Short-Term Lodging Permits for both waterfront units, a highly valuable entitlement with limited availability and a lengthy waiting list. While all 3 units are currently on month-month leases, the short permits offer significant future flexibility and potential income opportunities along with opportunities for owner use. Residents enjoy Lido Isle's premier amenities including private beaches, tennis courts, a clubhouse, a yacht club, parks, and playground all just moments from Lido Marina Village, world-class dining, shopping, and Newport Harbor activities. A truly unique opportunity to acquire a rare bayfront income property in one of Newport Beach's most desirable waterfront communities.

439 Via Lido Soud, Newport Beach
$2,995,000
LG26144824 MLS ⋅ Active Under Contract Status
Just one block from the sand and some of Newport Beach's most iconic beaches, this exceptional duplex presents a rare opportunity to own an income-producing property in one of the Peninsula's most sought-after locations. Offering the perfect blend of investment potential and an unbeatable coastal lifestyle, this property is ideally suited for investors, owner-users, or those seeking a premier beach-close asset with significant upside. The side-by-side residences feature spacious, functional floor plans designed to embrace easy coastal living. One unit offers three bedrooms and two bathrooms, while the second residence features two bedrooms and two bathrooms. Each home enjoys an abundance of natural light, inviting living spaces, and sliding glass doors that capture the refreshing ocean breezes synonymous with life on the Peninsula. Perfectly positioned within walking and biking distance of Newport Beach's most desirable destinations, residents can enjoy effortless access to the beach, the harbor, Cannery Village, Lido Marina Village, Lido House Hotel, the Pavilions shopping center, acclaimed restaurants, charming cafés, and boutique shopping. Whether spending the day surfing, boating, dining on the waterfront, or exploring everything the Peninsula has to offer, this location embodies the very best of Southern California coastal living. With strong rental demand, an exceptional walkable location, and the tenant expressing interest in remaining, this is a rare opportunity to acquire a well-positioned duplex in one of Newport Beach's most coveted beachside neighborhoods. Properties of this caliber and location are seldom available, making this an outstanding opportunity to invest in the Peninsula lifestyle while benefiting from long-term income potential.

3206 W Balboa Boulevard, Newport Beach
$2,850,000
NP26134434 MLS ⋅ Active Status
Adult/ child daycare .....or Rare Residential Kennel / Live-Work Opportunity...This property offers a unique live-work opportunity within one of Newport Beach’s most distinctive and little-known enclaves — Riverside Drive, a corridor recognized for its concentration of residential dog kennels and pet-focused businesses. Ideal for owner-operators, breeders, trainers, or entrepreneurs, the residence includes an established kennel operation designed for flexibility and scalability.The kennel setup supports multiple styles of care: dogs may run free in secure outdoor areas or be housed in individual pens with structured exercise, grooming, and handling routines. The layout is well-suited for boarding, breeding, training, grooming, daycare, or private use for show or personal dogs, allowing a future owner to tailor services to their preferred model. Riverside Drive is known among pet professionals as a functional and proven environment for kennel operations, with neighboring properties offering a range of licensed services, run counts, and specialty uses. Having successfully sold multiple residential kennel properties on this street, there is demonstrated buyer demand for this rare combination of residence and business potential. The investment appeal is underscored by the strength of the industry itself. The U.S. pet industry generates approximately $147 billion annually, with continued growth driven by premium boarding, grooming, training, and wellness services as pets are increasingly treated as family members. Whether operated as a private kennel for breeding or showing, or expanded into a full-service entrepreneurial venture, this property represents a rare asset — combining lifestyle, income potential, and long-term relevance in a resilient, high-growth sector.

20292 RIVERSIDE, Newport Beach
$5,900,000
OC26131277 MLS ⋅ Active Status
This exceptional 4-unit income property represents a rare offering on the coveted Newport Beach Peninsula. The property consists of four distinct residences that all feel like true single family living spanning 10 bedrooms and 10 total bathrooms. With a combined 4,800 sf living space, the property is configured as two 3BR/3BA and two 2BR/2BA units with covered parking. Raised ceilings in the upstairs units provide a massive sense of depth giving the larger units a uniqueness that is hardly found in the traditional multifamily setting. Featuring luxury vinyl plank flooring, quartz countertops, Andersen windows and doors, and an all-stucco exterior designed for low-maintenance beach living and built with the highest of quality and care. Stroll to the beach, boardwalk, bay, surf spots, local cafés, restaurants, boutique shops, and everything the Newport Peninsula has to offer. Quick access to PCH keeps all of coastal Orange County within easy reach. A property of this size and of this quality is something that needs to be experienced in person to be appreciated! Please note:Property operates as four residences but is not legally permitted as a 4-unit building, originally permitted as two units in 2021.

4703 River, Newport Beach
$3,499,000
NP26129020 MLS ⋅ Active Status
UNIQUE OPPORTUNITY. PRIME CORNER LOCATION IN THE DESIRABLE BALBOA PENNISULA FOR THIS CHARMING DUPLEX WITH GREAT OCEAN VIEWS. LOCATED APPROXIMATELY 1 BLOCK FROM THE OCEAN AND PUBLIC BEACH AND APROXIMATELY 1 BLOCK FROM NEWPORT HARBOR AND THE BAY. UPSTAIRS 3BED/ 2BATH 1,440 SF UNIT FEATURES OPEN FLOOR PLAN WITH OCEAN VIEW MASTER BEDROOM, SPACIOUS LIVING ROOM AND DINING AREA, VAULTED CEILING, HARDWOOD FLOORS, CUSTOM KITCHEN WITH GRANITE COUNTERS, STAINLESS STEEL APPLIANCES, INTERIOR LAUNDRY, FIREPLACE IN THE LIVING AREA COMPLIMENTED BY A BALCONY WITH STONE DECK AND OCEAN VIEW, AND A TWO-CAR GARAGE. DOWNSTAIRS 2BED/ 2BATH 1,024 SF UNIT FEATURES FIREPLACE, PRIVATE GROUND FLOOR STONE PATIO DECK, INTERIOR LAUNDRY, 1 CAR GARAGE, AND 1 CAR PARTIALLY COVERED CARPORT SPACE. ENJOY THE NEWPORT BEACH LIFESTYLE. ENDLESS POSSIBILITIES. LIVE IN ONE AND RENT THE OTHER.

520 W. Balboa Boulevard, Newport Beach
$8,800,000
NP26124983 MLS ⋅ Active Status
Rare opportunity to own one of Lido Isle's few multifamily zoned bayfront properties. Ideally situated on the coveted bayfront with panoramic harbor views, a sandy beach at your doorstep, and a three-car garage, this triplex offers an exceptional combination of lifestyle, income potential, and long-term value. The property features two waterfront 3-bedroom, 2-bath residences, and a 1-bed, 1-bath apartment above the rear garage. The lower unit includes private laundry and a waterfront patio, while the upper unit enjoys sweeping bay views, a private patio, newly remodeled kitchen and appliances and private laundry. The 1- bedroom apartment has a recently remodeled kitchen with new cabinets and appliances along with a remodeled bath. Further property enhancements still offer the opportunity for further renovation to maximize value. All three units are currently occupied on month-to-month tenancies, providing immediate rental income. Adding to its investment appeal, the owner obtained Short-Term Lodging Permits for both waterfront units, a highly valuable entitlement with limited availability and a lengthy waiting list. While all 3 units are currently on month-month leases, the short permits offer significant future flexibility and potential income opportunities along with opportunities for owner use. Residents enjoy Lido Isle's premier amenities including private beaches, tennis courts, a clubhouse, a yacht club, parks, and playground all just moments from Lido Marina Village, world-class dining, shopping, and Newport Harbor activities. A truly unique opportunity to acquire a rare bayfront income property in one of Newport Beach's most desirable waterfront communities.

439 Via Lido Soud, Newport Beach
$3,595,000
4 Beds ⋅ 2 Baths ⋅ 26833345 MLS ⋅ Active Status
Located in the heart of the Balboa Peninsula, 211 Cypress presents a rare opportunity to own a traditional beach house just steps from the Balboa Fun Zone, local restaurants, the bay, and the beach. This well-positioned coastal duplex offers immediate income potential, owner-user flexibility, and long-term redevelopment upside in one of Newport Beach's most desirable waterfront communities. The property consists of two updated 2-bedroom, 1-bath residences totaling approximately 1,896 square feet on an approximately 3,049 square foot lot. The lower unit is currently tenant-occupied on a month-to-month lease at $4,200 per month, providing stable in-place income from day one. The upper unit, previously rented for $5,000 per month, will be delivered vacant at closing, creating an ideal opportunity for a buyer seeking a second-home retreat with supplemental rental income or an investor looking to maximize future cash flow. Both residences have been thoughtfully updated with remodeled kitchens and bathrooms, central air conditioning, upgraded finishes, and new appliances throughout, including wine refrigerators. Outdoor improvements include upgraded paver hardscape, privacy fencing, a fire pit lounge area, and inviting entertaining spaces designed to embrace indoor-outdoor coastal living. The property also offers future value-add potential. Existing garage areas may present opportunities for conversion into additional living or flexible-use space, subject to buyer verification with the City of Newport Beach. Neighboring properties further suggest the possibility for future expansion opportunities through enhanced building envelopes closer to the front setback line. Whether envisioned as a primary residence, vacation getaway, owner-user investment, or long-term redevelopment opportunity, 211 Cypress delivers a versatile coastal lifestyle property in a premier Balboa Peninsula location. Buyer to verify all square footage, zoning, short-term rental regulations, development potential, and future use possibilities with the City of Newport Beach and appropriate professionals.

211 Cypress Street, Newport Beach
$5,990,000
5 Beds ⋅ 5 Baths ⋅ PW26102268 MLS ⋅ Active Status
Experience coastal living at its finest, this rare Oceanfront Four-Plex is in the Heart of Newport Beach. This exceptional multi-family property offers four distinct units with strong income potential, including approved short-term rental permits—perfect for investors, vacation rental operators, or those seeking flexible beachside living. Built in 1961 and situated on a prime lot, the property features approximately 3,400 square feet of living space across its units, with 4 car garages for convenient parking and storage. Unit Breakdown: • Unit A: Spacious 2-bed / 2-bath — ideal for longer-term tenants or families. • Units B & C: Cozy 1 bed / 1 bath each — perfect for singles, couples, or short-term guests. • Unit D: Unique 1-bed; *PLUS Loft / 1-bath — offering extra character and appeal. The property’s standout location places residents just a short walk from the sand, surf, and the iconic Newport Pier. Wake up to ocean breezes, panoramic views toward Catalina Island, and endless coastal charm right outside your door. Prime Location & Lifestyle Amenities: Newport Beach delivers world-class coastal living with more than eight miles of beaches, from soft sands perfect for sunbathing and swimming to legendary surf spots. Stroll to the Newport Pier for fishing, people-watching, the Dory Fleet Fish Market, or casual seaside dining. Nearby highlights include: • Balboa Peninsula & Balboa Pier — with the Fun Zone amusement park, Ferris wheel, arcade, and ferry rides to Balboa Island. • Balboa Island — charming shops, waterfront eateries, and iconic frozen bananas. • Fashion Island — upscale shopping, dining, and entertainment just minutes away. • Crystal Cove State Park and Corona del Mar State Beach — for scenic hikes, tide pools, and more pristine coastline. • Upper Newport Bay Nature Preserve — offering kayaking, birdwatching, and trails. • Abundant water activities: sailing, paddleboarding, whale watching, surfing lessons, and yacht charters in the harbor. This oceanfront four-plex combines timeless beach appeal with modern investment versatility. Whether generating income through short-term rentals or enjoying the units personally, it’s a gateway to the relaxed yet vibrant Newport Beach lifestyle. Don’t miss this opportunity to own a piece of Southern California paradise!

2202 W Oceanfront, Newport Beach
$5,795,000
OC26101760 MLS ⋅ Active Status
Seller financing may be available for qualified buyers. Experience oceanfront living on the Balboa Peninsula with this duplex ideally positioned just steps from the sand in Newport Beach. Offering stunning Catalina Island, ocean, and pier views, along with coastal breezes and a highly walkable location, this property presents a rare opportunity in one of the Peninsula’s most desirable oceanfront settings. Conveniently located near Lido Village, Newport Pier, Balboa Pier, Balboa Fun Zone, Balboa Island Ferry, waterfront dining, shopping, and local coastal attractions, this location is among the Peninsula’s closest residential neighborhoods to the ocean. The property also offers future upside with zoning that may allow for a third level and/or mixed-use configuration, subject to city approval and buyer verification. It may also appeal to investors seeking short-term lodging opportunities, subject to required permits. Remodeled with a new roof and updated interiors featuring modern finishes, the residence offers a flexible layout suited for personal use, rental income, or a combination of both. Large windows and sliding glass doors bring in abundant natural light while capturing water and pier views from multiple living areas. Outdoor spaces include a balcony on each level and a private rear patio designed for indoor-outdoor entertaining. First Floor Unit: Open-concept living area with kitchen and balcony, featuring 3 bedrooms and 2 bathrooms. Second Floor Unit: Open-concept living area with kitchen, balcony, and private rear patio, featuring 2 bedrooms and 3 bathrooms. Each unit includes an attached garage, additional parking, indoor laundry, and storage. Nearby amenities include surfing, paddleboarding, boating, yacht charters, biking paths, Fashion Island, Crystal Cove State Park, and the vibrant Newport Harbor lifestyle. Whether used as a second home, income property, or long-term investment, this duplex presents a rare opportunity in one of the Peninsula’s most desirable oceanfront locations. Rear patio furniture and third-level addition shown are renderings for illustration purposes only.

2212 W Oceanfront, Newport Beach
$5,990,000
PW26096193 MLS ⋅ Active Status
Experience coastal living at its finest. This rare Oceanfront Four-Plex is in the Heart of Newport Beach. This exceptional multi-family property offers four distinct units with strong income potential, including approved short-term rental permits—perfect for investors, vacation rental operators, or those seeking flexible beachside living. Built in 1961 and situated on a prime lot, the property features approximately 3,400 square feet of living space across its units, with 4-car garages for convenient parking and storage. Unit Breakdown: • Unit A: Spacious 2-bed / 2-bath — ideal for longer-term tenants or families. • Units B & C: Cozy 1 bed / 1 bath each — perfect for singles, couples, or short-term guests. • Unit D: Unique 1-bed / 1-bath loft — offering extra character and appeal. The property’s standout location places residents just a short walk from the sand, surf, and the iconic Newport Pier. Wake up to ocean breezes, panoramic views toward Catalina Island, and endless coastal charm right outside your door. Prime Location & Lifestyle Amenities: Newport Beach delivers world-class coastal living with more than eight miles of beaches, from soft sands perfect for sunbathing and swimming to legendary surf spots. Stroll to the Newport Pier for fishing, people-watching, the Dory Fleet Fish Market, or casual seaside dining. Nearby highlights include: • Balboa Peninsula & Balboa Pier — with the Fun Zone amusement park, Ferris wheel, arcade, and ferry rides to Balboa Island. • Balboa Island — charming shops, waterfront eateries, and iconic frozen bananas. • Fashion Island — upscale shopping, dining, and entertainment just minutes away. • Crystal Cove State Park and Corona del Mar State Beach — for scenic hikes, tide pools, and more pristine coastline. • Upper Newport Bay Nature Preserve — offering kayaking, birdwatching, and trails. • Abundant water activities: sailing, paddleboarding, whale watching, surfing lessons, and yacht charters in the harbor. This oceanfront four-plex combines timeless beach appeal with modern investment versatility. Whether generating income through short-term rentals or enjoying the units personally, it’s a gateway to the relaxed yet vibrant Newport Beach lifestyle. Don’t miss this opportunity to own a piece of Southern California paradise!

2202 W Oceanfront, Newport Beach
$3,150,000
NP26098507 MLS ⋅ Active Status
Located on the highly desirable Newport Beach Peninsula, this gorgeous duplex offers the perfect blend of coastal lifestyle and investment opportunity, complete with tranquil canal water views. The upper unit has been fully remodeled and features 3 bedrooms and 2 bathrooms, highlighted by vaulted ceilings and an abundance of natural light. Enjoy scenic canal views from the main living areas, complemented by new laminate wood flooring throughout and a stunning open-concept kitchen with white quartz countertops, stainless steel appliances, and recessed lighting. The unit also includes its own private laundry room. The lower unit offers 2 bedrooms and 2 bathrooms, an updated kitchen, and laminate flooring throughout. A spacious private patio provides ideal indoor-outdoor living. Additional features include a generous 2-car garage plus parking for two additional vehicles—an exceptional amenity on the Peninsula. Situated in the sought-after Finley community, the property is just moments from the shops and restaurants of Lido Marina Village and a less than 5 minute walk from the beach. With easy access on and off the Peninsula, this is a rare opportunity to own a turnkey coastal duplex in one of Newport Beach’s most coveted locations.

406 Clubhouse, Newport Beach
$4,395,000
NP26087915 MLS ⋅ Active Status
517 30th Street offers a unique opportunity to own a modern live/work loft in the highly desirable Cannery Village on the Balboa Peninsula. Blending award-winning design with exceptional functionality, this property is ideal for both residential living and professional use. The ground level features approximately 800 square feet of commercial space with a private entrance, perfect for an office, studio, or potential income-producing use. Upstairs, the bright and contemporary living space spans approximately 1,700 square feet and includes 2 bedrooms plus a loft and 2.5 bathrooms. The open-concept kitchen is thoughtfully designed with concrete floors, a large entertaining island, and stainless steel appliances. Floor-to-ceiling windows and bi-fold doors create seamless indoor-outdoor flow, opening to four private decks that capture partial bay views, abundant natural light, and refreshing coastal breezes. Additional features include central air conditioning, separate electric meters, recessed lighting, a two-car tandem garage, and rare parking for up to seven vehicles. Offered fee simple with no HOA, this property provides maximum flexibility and ownership freedom. Steps from the sand and moments to the boutiques, restaurants, and waterfront charm of Lido Village, this property delivers an exceptional coastal lifestyle with flexible use potential. A rare offering that combines style, versatility, and location—this is one you won’t want to miss.

517 30th Street, Newport Beach
$3,500,000
PW26074221 MLS ⋅ Active Status
Situated in one of the best locations in the exclusive Newport Beach Balboa peninsula. Both units have been remodeled. The lower unit features 2 bedrooms on the first floor and the master bedroom on the second floor, 2 bathrooms and a front Patio, in-unit washer dryer and 2 car garage parking space. Upper unit Features 3 bedrooms, 2 bathrooms and a balcony and 2 car garage parking space. Both units have their own fireplaces in the living room, Located near the beach, shops, restaurants, bike paths, and all that beach city living has to offer

219 32nd Street, Newport Beach
$2,800,000
219144943DA MLS ⋅ Active Status
Welcome to your Dream Coastal Investment! This beautifully Maintained and Updated Duplex is one Block from the Beach! The Upper Unit is Completely Remodeled with Open Floor Plan, Vaulted Ceilings, Living/Dining Space with Fireplace, 3 Bedrooms, 2 Full Baths with Jacuzzi Tub in each, Stack LAUNDRY, A/C and TWO LARGE BALCONIES featuring Wetland, Mountain and Ocean Views!!! The Lower Unit has Newer Laminate Flooring and Mini-Spilt in all Living Areas and Bedrooms along with a Spacious Enclosed Patio off Great Room and Full Sized Laundry in Garage. Abundance of Parking with a 4 CAR GARAGE + 1 Space CAR PORT. Seller Replaced Siding and Stairs. Generate Income as a Highly Desirable Long Term Rental and if you are going for the big money this can be Vacation/Short Term Rental with Proper City Permit. Walking Distance to Restaurants and Quick Access to Newport and Huntington Beach.

204 David Drive, Newport Beach
$4,500,000
219144386DA MLS ⋅ Active Status
Calling all Beach Lovers, this Highly Coveted Location-- only 3 Houses from the Beach, Offers the Ultimate Coastal Lifestyle with Easy Access to the Ocean, Newport and Huntington. Experience the Perfect Blend of Comfort and Opportunity with this Versatile Duplex. Live in One Unit and Enjoy the Convenience of Home Ownership while Generating Rental Income from the Other or Rent Both for More Generous Income. The Lower Unit has 2 Bedrooms and 2 Baths, Open Kitchen to Family Room, and Slider Door to Enclosed Lower Patio and Laundry. The Upstairs Features Same FloorPlan as Lower except it has Additional 3rd Bedroom which is much Larger and has it's own Entrance and Spacious Balcony. With Proper City Permitting this could be a Separate Studio Apartment. Ample Parking with 2 Car Garage and 2 Car Driveway. Lower and Upper Units both Completely Remodeled and can be Rented Month to Month or with City Permit Short Term/Vacation Stay! Seize the Chance to Make this Stunning Beach Property your Own--Paradise Awaits.

5119 River Avenue, Newport Beach
$3,595,000
NP26045960 MLS ⋅ Active Status
Perfectly positioned just steps from the sand and the sparkling waters of Newport Harbor, 203 8th Street presents a rare Peninsula duplex opportunity combining ocean and bay views, flexible living, and exceptional coastal walkability. Whether as an owner-occupied retreat with income potential or a prime investment, this property captures the very essence of beachside living. The upstairs residence features 3 bedrooms and 2 baths, a remodeled kitchen, inviting fireplace, and a private rooftop deck showcasing sweeping ocean and harbor views. The primary suite offers an ensuite bath and its own private exterior entrance. Tile flooring anchors the main living areas, with carpeted bedrooms and a hall bath complete with dual vanity and tub/shower combination. The downstairs unit offers 2 bedrooms and 1 bath, a cozy fireplace, and a private patio extending the living space outdoors. An oversized garage provides two parking spaces (one per unit) plus shared laundry. Located just moments from Newport Harbor Yacht Club, world-class beaches, the bay, and the Peninsula’s celebrated dining and shopping, this is a rare opportunity to secure a premier address in one of Newport Beach’s most coveted coastal enclaves.

203 8th, Newport Beach
$4,600,000
OC26036737 MLS ⋅ Active Status
Located in one of Newport Beach’s most coveted waterfront enclaves, 4404 Channel Place presents a truly rare duplex offering with gorgeous bay views and a premier position overlooking the adjacent park. This irreplaceable coastal asset delivers an unmatched lifestyle just steps from the water, where boats glide by and open green space creates a sense of privacy and scale rarely found on the harbor. Both residences are filled with natural light and enjoy front-row vistas of daily harbor activity and tranquil park scenery. The property offers exceptional flexibility—ideal for a long-term hold, owner-occupancy with supplemental rental income, or a compelling future redevelopment opportunity. With its blue-chip location and timeless appeal, Channel Place represents enduring value in one of Newport Beach’s most desirable waterfront neighborhoods. Two units: 4 bedrooms / 2 baths & 3 bedrooms / 2 baths

4404 Channel Place, Newport Beach
$6,199,000
OC26025417 MLS ⋅ Active Status
RARE - TWO Short Term Lodging Permits ON THE BOARDWALK! Fabulous remodeled oceanfront getaway, turnkey vacation rental business or BOTH? The choice is yours at 700 E Oceanfront The property presents a fantastic opportunity to own an updated duplex in the heart of the Balboa Peninsula. LOCATION LOCATION LOCATION, this property is near all of the attractions that you and/or your vacation rental guests desire. Steps away from the sand and ocean, the property is located on the boardwalk and walking distance to Balboa Fun Zone, with activities for all and ferry service to Balboa Island as well as Catalina. The corner location affords unparalleled sunlight and those cooling ocean breezes. The lower 1 bed/1 bath unit is newly remodeled and has its own indoor laundry. A large, open living area flows seamlessly into an upgraded kitchen with quartz composite countertops and a breakfast bar. An oversize deck is perfect for enjoying the beach lifestyle and large gatherings. The upstairs unit is well-designed and newly remodeled throughout, including kitchen (w/ island and wine fridge) and entertaining space, as well as 3 generous bedrooms (the Primary has its own kitchenette) and 2 bathrooms. The living/great room features breathtaking views of the ocean and Balboa Pier. The duplex has been professionally managed and meticulously maintained. Notable features include: Air conditioning (new in 2023), new roof, double-paned windows and functional and cosmetic updates throughout. A rare oversize garage can accommodate up to four cars. This oceanfront duplex offers a proven track record and excellent reviews from former guests. Incredible income potential with 2 Short Term Lodging permits in place. Act quickly! With only 1550 Short Term Lodging Permits available in the entire city, having a property with TWO on Oceanfront is truly a rare opportunity.

700 E Oceanfront, Newport Beach
$27,950,000
6 Beds ⋅ 6 Baths ⋅ NP26015959 MLS ⋅ Active Status
Experience luxury beach front living and investment potential with 1504 W Oceanfront, a one-of-a-kind mixed-use property in Newport Beach on the Balboa Peninsula. This premier property spans approximately 7,609 square feet on a 5,000-square-foot corner lot with 100 feet of ocean frontage and breathtaking panoramic views from Newport Pier to Balboa Pier and beyond. Three residential units with three short-term lodging permits and two commercial spaces, this exceptional five-unit offering blends coastal charm with modern luxury. The commercial spaces include the iconic “15th Street Surf Shop” retail store and an oceanfront restaurant currently under renovation, formerly known as “The Stuft Surfer”. The three separate residential units consist of a three bedroom residence, a newly built two bedroom residence with an office/bonus room, in addition to a newly constructed one bedroom unit. All three units hold short-term rental permits (SLPs), a rare and valuable asset in Newport Beach. This property is primed for exceptional income generation, with pro forma projections estimating $920,608 in annual gross revenue combined from short-term rentals and commercial leasing. A standout feature of this estate is its expansive 50x50-foot rooftop deck, one of the largest oceanfront decks on the Balboa Peninsula, offering unparalleled ocean and bay views with endless opportunities for entertainment and relaxation. 1504 W Oceanfront is not just a five-in-one compound; it’s a legacy property that delivers both immediate value and long-term returns in the highly coveted Newport Beach market.

1504 W Oceanfront Unit 5, Newport Beach
$2,995,000
SR25278723 MLS ⋅ Active Status
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 long-term stability with upside potential in a truly premier Newport Beach location.

514 W Balboa, Newport Beach
$3,448,000
IV25238475 MLS ⋅ Active Status
Exceptional Balboa Peninsula Triplex – Steps from the Ocean and Bay! A rare opportunity to own an income-producing triplex on one of Newport Beach’s most desirable streets, just 250 feet from the sandy beach and 500 feet from the Newport pier and 700 feet from the Newport Pavilion. Perfect for owner users / investors seeking strong returns, flexible rental options, and long-term appreciation. This fully upgraded property includes three beautifully maintained units, each with its own mini-split A/C system, modern finishes, and private laundry. All three units are currently occupied on month-to-month leases, providing immediate rental income with the flexibility to adjust rents or transition to short-term or seasonal rentals as desired. Front House (126 E Balboa Blvd) – 2 Bedrooms | 1 Bathroom | Fireplace. A bright and inviting front home featuring an open living area with fireplace, upgraded kitchen, detached indoor laundry room, and storage area. The property also boasts an **expansive raised front patio—the largest on the block—**perfect for entertaining or maximizing tenant appeal. Upper Unit (126 ½ E Balboa Blvd) – 1 Bedroom + Loft/Office | 1 Bathroom. This upper-level unit features a light-filled living area, modern kitchen, in-unit laundry, and a private balcony with peek-a-boo ocean view—ideal for professionals, couples, or as a premium vacation rental. Lower Unit (126 ¼ E Balboa Blvd) – 1 Bedroom | 1 Bathroom. Compact, efficient, and beautifully updated, the lower unit offers a cozy living space and kitchen, with laundry conveniently located in the attached garage. All units have been upgraded and are well maintained, making this property truly turnkey and ready for immediate cash flow. With its unbeatable location—close to Balboa Pier, Balboa Village, the Fun Zone, and the iconic Balboa Ferry—this triplex enjoys consistent tenant demand and strong year-round occupancy. Immediate income – all units occupied on month-to-month leases. Prime location – short walk to sand, surf, and bay. High rental potential – flexible use for long-term, short-term, or owner-occupied investment. Rare Peninsula find – upgraded, air-conditioned, and well maintained Whether you’re an investor expanding your portfolio or a buyer seeking a beachside income property with exceptional upside, 126 E Balboa Blvd is the one to see. Invest where everyone wants to stay—and earn while you plan your next move.

126 E Balboa, Newport Beach
$4,099,999
OC25162276 MLS ⋅ Active Status
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.

1324 W Balboa Boulevard, Newport Beach
$3,595,000
NP25088084 MLS ⋅ Active Status
PRICE REDUCED!! We are pleased to present the sale of 1805 Clay Street, a turnkey 3-unit multifamily property situated in the prestigious Newport Heights neighborhood, located in Newport Beach. The property consists of (3) recently renovated 2 bedroom / 1 bathroom units. Two (2) units are currently leased at market rent. Each unit has been highly remodeled boasting a bright modern living space with white shaker cabinets, quartz countertops, vinyl flooring, stainless steel appliances, spa like bathrooms, and large private patios. Each unit has central AC, in-unit laundry, dual pane windows, tankless water heaters, recessed lighting, Ring doorbells, private single car epoxy coated garage space and are conveniently separately metered for gas and electricity. This asset is located in one of the most desirable rental markets in Orange County and offers tenants close proximity to parks, top rated schools, beaches, and all the amenities 17th street has to offer!

1805 Clay Street, Newport Beach
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