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 known for its stunning beaches, picturesque views, and an inviting atmosphere that captures the essence of Southern California living. Balboa Peninsula is not just a destination; it's a lifestyle where sun-kissed shores meet charming neighborhoods and a plethora of recreational activities.

The Balboa Peninsula is characterized by its unique blend of residential and commercial spaces, making it a perfect location for those looking to invest in homes with a mixed-use subtype. These properties offer the rare opportunity to enjoy the comforts of home while also engaging in the bustling local business scene. Imagine living steps away from trendy cafes, boutique shops, and vibrant nightlife, all within the same community where you reside. This mix of residential and commercial spaces fosters a dynamic environment, ideal for entrepreneurs and families alike.

The region boasts a variety of architectural styles, from classic beach cottages to modern condos, ensuring there’s something for everyone. With a mild Mediterranean climate, residents can enjoy outdoor activities year-round, whether it’s surfing, paddleboarding, or simply relaxing on the beach.

Balboa Peninsula is not just about its beautiful scenery; it’s also a community rich in culture and history. From the iconic Balboa Fun Zone to the scenic ferry rides, there’s always something exciting to explore. Whether you’re looking to buy your first home or seeking an investment opportunity, Balboa Peninsula offers an unparalleled lifestyle that combines the best of coastal living with the vibrancy of a thriving community. Come discover your perfect home in this enchanting seaside haven!

Newest Balboa Peninsula (NP) Homes with Mixed Use Subtype

$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

$2,995,000

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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