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Executive Summary

Trophy Mixed-Use Investment Opportunity in the Heart of Balboa Peninsula
An extraordinary opportunity to own one of Newport Beach's most unique mixed-use properties, ideally positioned in the center of the iconic Balboa Village. Offering more than 4200+ square feet of premium commercial and residential space, 511 Balboa Boulevard combines stable income, exceptional lifestyle appeal, and irreplaceable coastal views. The entire building has been Earthquake Retrofitted as well.
Prime Commercial Space
The entire ground floor is configured as retail and office space with endless possibilities for hospitality, retail, creative office, or experiential concepts. A standout feature is a hidden-gem lounge space reminiscent of the design aesthetic of Newport Beach's celebrated Michelin-rated Fable and Spirit Restaurant, creating an unforgettable atmosphere rarely found in coastal commercial real estate.
Two Fully Leased Luxury Residential Units
Residence One
Freshly renovated and beautifully appointed, this spacious 2-bedroom, 1-bath residence features:
Expansive chef's kitchen
Open-concept living space
Stunning views of Newport Harbor
Front-row views of the historic Balboa Ferry
Direct sightlines to the iconic Balboa Fun Zone Ferris wheel
Strong rental demand and consistent income
Residence Two
An exceptional coastal retreat featuring:
3 bedrooms and 2 bathrooms
Spacious indoor-outdoor living areas
Massive second-floor entertaining patio
Private rooftop deck
Sweeping panoramic views of the Pacific Ocean, Newport Harbor, Balboa Peninsula, and city lights
Fully renovated and leased
Investment Highlights
Over 4200 square feet of mixed-use space
Prime Balboa Village location
Multiple income streams
Fully leased residential units
Rare owner-user or value-add opportunity
Walkable to beaches, harbor, restaurants, shopping, and entertainment
Unmatched ocean, bay, ferry, and Ferris wheel views
One of the most recognizable and desirable locations in Newport Beach
Properties offering this combination of location, character, cash flow, and lifestyle are exceptionally rare. Whether acquired as a long-term investment, a legacy asset, or a flagship owner-user opportunity, 511 Balboa Boulevard represents a true Newport Beach trophy property.
For financial information and private showings, contact us today.

Attachments

511Reel (1)

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
4,478 SF
Building Class
C
Year Built
1930
Price
$9,655,320 CAD
Price Per SF
$2,156.17 CAD
Percent Leased
51%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.71
Lot Size
0.06 AC
Zoning
RSC, Newport Beach - MU-V: Multi Use Vertical Zone which includes Medical, Dental, Salon,Retail, Restaurant, Office,Financial, Services, Health/Fitness, see zone document
Frontage
27’ on E Balboa

Amenities

  • 24 Hour Access
  • Air Conditioning

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Clf Productions LLC
  • Public Administration
  • -
  • -
  • -
  • Farah Advisory Svc
  • Professional, Scientific, and Technical Services
  • -
  • -
  • -
  • Farah Financial Services
  • Finance and Insurance
  • -
  • -
  • -
  • Newport Beach Polo Club
  • Transportation and Warehousing
  • -
  • -
  • -
Tenant Industry SF Occupied Rent/SF Lease End
Clf Productions LLC Public Administration - - -
Farah Advisory Svc Professional, Scientific, and Technical Services - - -
Farah Financial Services Finance and Insurance - - -
Newport Beach Polo Club Transportation and Warehousing - - -

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • A
  • 1,869 SF
  • Retail
  • -
  • Now
Space Size Space Use Position Available
A 1,869 SF Retail - Now

A

Size
1,869 SF
Space Use
Retail
Position
-
Available
Now
Moderately walkable
70/100
Moderately drivable
70/100
Limited public transit
30/100
Moderately bikeable
60/100

Nearby Major Retailers

BJ's Restaurant & Brewhouse
Ruby's Diner
Village Inn
Pavilions
Club Pilates
Starbucks

Property Taxes

Property Taxes

Parcel Number
048-122-06
Land Assessment
$3,107,949 CAD
Improvements Assessment
$388,488 CAD
Total Assessment
$3,496,438 CAD
  • Listing ID: 41028481

  • Date on Market: 2026-06-23

  • Last Updated:

  • Address: 511 E Balboa Blvd, Newport Beach, CA 92661

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