Balboa Peninsula (NP) Homes with Mixed Use Subtype

Balboa Peninsula (NP) Homes with Mixed Use Subtype

Welcome to Balboa Peninsula, a captivating gem nestled in the heart of Newport Beach, California. This vibrant coastal community is renowned for its stunning beaches, charming boardwalk, and a lively atmosphere that perfectly blends relaxation and recreation. With the Pacific Ocean as your backdrop, Balboa Peninsula offers an idyllic lifestyle that attracts both families and professionals alike.

The real estate landscape here is as diverse as its residents. Homes with a mixed-use subtype are particularly appealing, allowing residents to enjoy the convenience of living, working, and playing all in one place. Imagine waking up in your stylish coastal home, stepping outside, and finding an array of trendy cafes, boutique shops, and art galleries just moments away. This unique blend of residential and commercial spaces fosters a dynamic community spirit, making it easy to connect with neighbors and enjoy the vibrant local culture.

Balboa Peninsula is not just about convenience; it’s also about lifestyle. Residents can indulge in a myriad of outdoor activities, from surfing the famous waves to leisurely strolls along the picturesque shoreline. With the Balboa Fun Zone nearby, families can enjoy amusement rides and fresh seafood at local eateries, creating lasting memories in this coastal paradise.

Whether you're seeking a permanent residence or a vacation home, Balboa Peninsula’s mixed-use properties offer the perfect opportunity to embrace Southern California living. Experience the charm, convenience, and community spirit that make this area one of Newport Beach's most sought-after destinations. Explore the possibilities today!

Newest Balboa Peninsula (NP) Homes with Mixed Use Subtype

514 W Balboa, 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
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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