511 E Balboa Blvd 4,478 SF 51% Leased Retail Building Newport Beach, CA 92661 $6,100,000 ($1,362.22/SF)

Trophy Mixed-Use Asset on Balboa Peninsula - Fully Retrofitted & Leased Income Streams
An irreplaceable asset class in the heart of Newport Beach. Located at 511 Balboa Boulevard, this unique mixed-use building spans 4,200+ square feet of meticulously maintained, highly functional coastal real estate. Positioned directly in the center of historic Balboa Village, this property offers an incoming investor an incredibly rare blend of immediate, stable cash flow, premium lifestyle appeal, and structural security.
CRITICAL INVESTOR ADVANTAGE: The entire building has been fully Earthquake Retrofitted. For a coastal commercial asset, this eliminates significant near-term capital expenditure, secures lower property insurance premiums, and offers immediate institutional-grade peace of mind.
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.