11

Central Newport Beach Multifamily Homes & Duplexes for Sale

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  • /17

    $4,200,000

    • 6 Beds
    • 7 Baths
    • 3,336 Sq Ft

    1324 W Balboa Blvd, Newport Beach, CA 92661

    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,

    Brandon Hobbs Arbor Real Estate

    1324 W Balboa Blvd, Newport Beach, CA 92661
  • /60

    $2,995,000

    • 2 Beds
    • 1 Bath
    • 1,808 Sq Ft

    217 E Balboa Blvd, Newport Beach, CA 92661

    2 units one house off the sand with a peek a boo view of the ocean. These 2 units (upper and lower) are licensed short-term rentals with the city of Newport Beach. Located 2 blocks from the ferry and one block from the pier, and walking distance to the fun zone! It doesn't get much better just off the sand. Occupy one and rent the other, or enjoy the income from short-term rental. The lower unit

    Albert Ricci Ricci Realty

    217 E Balboa Blvd, Newport Beach, CA 92661
  • /40

    $3,399,000

    • 4 Beds
    • 3 Baths
    • 1,877 Sq Ft

    1825 W Balboa Blvd, Newport Beach, CA 92663

    3 Legal non-conforming triplex with short term permits. 2/1, 1/1, 1/1 all with their own washer and dryer. All units have been upgraded with new kitchens, bathrooms, flooring, plumbing, roof and in move-in condition should you elect not to use the short term lodging permits. One car garage with two additional parking spaces. Located just one house away from the surf, sand and board walk. No

    Wayne Smith Corona Del Mar Properties Inc

    1825 W Balboa Blvd, Newport Beach, CA 92663
  • /22

    $3,925,000

    • 3 Beds
    • 3.5 Baths
    • 2,482 Sq Ft

    502 W Balboa Blvd, Newport Beach, CA 92661

    This exceptional, recently completed (2022) three-level residence on the Newport Beach peninsula offers a rare live-work opportunity. The ground floor features a versatile commercial space or home office with a dedicated bathroom. The second level boasts a spacious living area, a gourmet kitchen with island seating, two secondary bedrooms, each with their own separate bathroom. The entire third

    Tom Williams Windsor Inv., Inc.

    502 W Balboa Blvd, Newport Beach, CA 92661
  • /2

    $3,850,000

    • 7 Beds
    • 5 Baths
    • 2,371 Sq Ft

    1320 W Balboa Blvd, Newport Beach, CA 92661

    Investor Opportunity: Turnkey Duplex on Newport Beach's Balboa PeninsulaIntroducing a fully remodeled, income-producing duplex in the heart of Newport Beach’s prestigious Balboa Peninsula. This turnkey property offers a rare investment opportunity with a proven history of strong short-term rental income. Each of the two units features three bedrooms, two bathrooms, upgraded kitchens, recessed

    Tyler Brown Compass

    1320 W Balboa Blvd, Newport Beach, CA 92661
  • /34

    $29,950,000

    • 6 Beds
    • 6 Baths
    • 7,609 Sq Ft

    1504 W Oceanfront Unit 5, Newport Beach, CA 92663

    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

    Amelie Mason Pacific Sotheby's Int'l Realty

    1504 W Oceanfront Unit 5, Newport Beach, CA 92663
  • /34

    $29,950,000

    • 6 Beds
    • 6 Baths
    • 7,609 Sq Ft

    1504 W Oceanfront Unit 5, Newport Beach, CA 92663

    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

    Amelie Mason Pacific Sotheby's Int'l Realty

    1504 W Oceanfront Unit 5, Newport Beach, CA 92663
  • /54

    $9,999,999

    • 5 Beds
    • 5 Baths
    • 2,829 Sq Ft

    207 E Edgewater Ave Unit A, Newport Beach, CA 92661

    Some homes are rare. This one? Straight-up unicorn status. Perched on a prime corner lot in the heart of Newport Beach’s Balboa Peninsula, this completely reimagined Bayfront retreat isn’t just impressive—it’s never been lived in since its top-to-bottom transformation. That means you get to be the first to experience high-end finishes, cutting-edge smart-home tech, and jaw-dropping water views.

    Ed Kaminsky eXp Realty of California, Inc

    207 E Edgewater Ave Unit A, Newport Beach, CA 92661
  • /49

    $7,498,880

    • 7 Beds
    • 4 Baths
    • 2,808 Sq Ft

    402 E Oceanfront, Newport Beach, CA 92661

    Nestled directly on the sand, this stunning duplex at 402 E Oceanfront St in Newport Beach offers an unparalleled coastal lifestyle. With sweeping ocean views and immediate access to the beach, this property is a rare gem in one of Southern California’s most coveted locations. Enjoy the sound of crashing waves and the fresh sea breeze right from your doorstep. The first unit features 3 spacious

    RONALD FERNANDEZ SOUTHLAND PROPERTIES

    402 E Oceanfront, Newport Beach, CA 92661
  • /53

    $7,995,000

    • 7 Beds
    • 5 Baths
    • 4,384 Sq Ft

    1510 W Oceanfront, Newport Beach, CA 92663

    This exceptional three-unit beach house offers the ultimate coastal lifestyle, featuring two front units (3-bed/2-bath and 2-bed/2-bath) and a private rear unit (1-bed/1-bath), all thoughtfully designed for comfort and functionality. Highlights include a rooftop deck perfect for entertaining, a welcoming boardwalk patio and porch, and a rare three-car garage, combining practicality with stunning

    Kev Haleblian Compass

    1510 W Oceanfront, Newport Beach, CA 92663
  • /74

    $5,985,000

    • 7 Beds
    • 7 Baths
    • 3,314 Sq Ft

    417 E Balboa Blvd, Newport Beach, CA 92661

    Two Separate Homes on this Beautiful Lot! Total of 3 Units! Absolutely Perfect Opportunity here on the Balboa Peninsula. Two Newer Build & Remodeled Homes 417 and 419 E. Balboa Blvd. Fantastic Family Compound and/or Prime Investment for Rental Income possibilities, Steps to the Beach. First Home 417 is 2 Units. Gorgeous Two Story approx 1914 living sqft with 3 bedrooms (1st Floor Primary bed)

    Margaret Bowles Coldwell Banker Realty

    417 E Balboa Blvd, Newport Beach, CA 92661

Why Live in Central Newport Beach

Central Newport Beach offers a blend of coastal living and vibrant community life. With approximately 10 miles of white sand, Newport Beach is a major draw, featuring activities like sand volleyball, surfing, and basketball. The Newport Pier is a popular fishing spot, while Marina Park on the neighborhood's north side provides a fitness circuit, a nautical-themed playground, and views of Newport Harbor, the largest recreational harbor on the West Coast. The area is home to the American Legion Yacht Club and Newport Harbor Yacht Club, with private docks lining the shore. The historic Dory Fishing Fleet & Market, operating since 1891, remains a unique local institution where fishermen sell their catch directly on the beach. Annual events like the Newport Beach Christmas Boat Parade and Newport Beach International Boat Show attract many visitors. Homes here are designed to maximize waterfront views, with light-colored exteriors, patios, and verandas. Properties range from single-family homes to duplexes and condos, many with private docks. Newport Elementary, Ensign Intermediate, and Newport Harbor High are highly rated schools in the area. Downtown Newport Beach is a walkable district with a mix of restaurants, bars, and shops, including long-standing establishments like The Blue Beet and The Crab Cooker. For things to do, Balboa Fun Zone offers carnival rides and fair food, enhancing the neighborhood's appeal.

Home Trends in Central Newport Beach, CA

Housing Trends

Median Sale Price
$3,675,000
Median Single Family Sale Price
$5,900,000
Median Townhouse Sale Price
$3,725,000
Median 2 Bedroom Sale Price
$2,650,000
Median 1 Bedroom Sale Price
$2,250,000
Average Price Per Sq Ft
$2,280
Number of Homes for Sale
23
Last 12 months Home Sales
35
Months of Supply
7.90
Median List Price
$4,515,000
Median Change From 1st List Price
5%
Median Home Sale Price YoY Change
11%
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