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. 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.