USACANewport BeachBalboa Peninsula (Residential) (Balp)203 6Th St

New

$2,400,000

For Sale

3 days ago

203 6Th St, Newport Beach, CA

Name: 203 6Th St, For Sale in Newport Beach - eXp Realty
Brand: Balboa Realty
SKU: NP26193591
Price: 2400000 USD

House

MLS® NP26193591

0 Bed

0 Bath

Key Facts
Description
Map

Key Facts

Type Triplex

Levels Residential Income

Size -

Garage

Taxes

Days Active 3

Lot Size 0.05 Acres

Approx. Age 1941

MLS® Number NP26193591

Property Address: 203 6th St, Newport Beach, CA, 92661-1150

Average square foot calculated using Size range provided by listing agent.

Description

RARE BALBOA PENINSULA REDEVELOPMENT OPPORTUNITY. Located in the heart of Newport Beach’s iconic Balboa Peninsula, 203 6th Street presents a unique opportunity for investors, developers, and those seeking to create a new coastal residence in one of Southern California’s most coveted beach communities. The property is currently configured as a triplex consisting of three separate one-bedroom units, offering immediate income potential while providing an exceptional opportunity to reimagine the property for the future. Situated on an approximately 2, 178-square-foot lot, the property’s existing configuration provides flexibility for a variety of investment strategies. An investor may choose to maintain and improve the existing three-unit income property, while a developer or owner-user may explore the potential to redevelop the site and maximize its value through a new construction project, subject to City of Newport Beach approvals and applicable zoning and development regulations. The property’s location is a major part of the opportunity. Positioned just moments from the beach, bay, restaurants, shops, and the vibrant entertainment that defines the Balboa Peninsula, this is an exceptionally walkable coastal setting. The combination of a highly desirable Peninsula location, existing multifamily use, and valuable land creates a compelling proposition for buyers looking beyond the current improvements. For developers, the real opportunity lies in the land. The existing structure can serve as a source of rental income while plans are evaluated, or the site can be considered for a future redevelopment project. Buyers should independently verify zoning, allowable density, setbacks, building requirements, parking requirements, and any other development parameters with the City of Newport Beach. Whether acquired as an income-producing triplex, repositioned through renovation, or explored as a future redevelopment site, 203 6th Street offers a rare chance to secure a piece of Balboa Peninsula real estate with significant long-term potential.

MLS® NumberNP26193591

Laundry LevelEnsuite

Central VacNo

FireplaceYes

Acreage

Exterior

Garage

Approx. Age1941

Basement

DrivewayNone

Garage Spaces

HeatWall Furnace

A/CNone

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Sep 4, 2026List Date

$2,400,000List Price

Commute

Commute

Starting Address

Destination Address

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