512 W Balboa BLD Newport Beach, CA 92661

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!