NEWPORT BEACH, CA, FOR RENT, FOR LEASE
Newport Beach is located in the Orange County and is a great place to rent multifamily,
duplex, triplex, fourplex and larger commercial apartment properties. Its job industry,
conveniences, and attractions make this a great place to live and there is a good market
available to rent multifamily rental properties such as duplexes, triplexes, and fourplexes. There
is also no rent control in Newport Beach.
Newport Beach’s population was 87,068 as of 2012. The estimated median household
income in 2011 was $96,918 (it was $83,455 in 2000). This is larger than the California median
which was $57,287 in 2011.
Newport Beach has large professional, scientific, and technical industries which
comprise 16% of all industries in the city, which is more than twice that of the California
average. Newport Beach is home to one Fortune 500 company, insurer Pacific Life. Other
companies based in Newport Beach include Acacia Research, Conexant, Galardi Group, Jazz
Semiconductor, and PIMCO.
The city also enjoys being close to a variety of conveniences. The nearest major airport
is John Wayne Airport. This airport has international and domestic flights from Santa Ana and is
6 miles from the center of Newport Beach. The Hoag Memorial Hospital Presbyterian is located
in Newport Beach and is also the biggest employer of the city with almost 4000 employees.
There are a number of universities and colleges nearby, the largest of which is the University of
California Irvine, with 26,169 full time enrolled students (4 miles).
Newport Beach has many attractions, the most popular of which are its beaches,
including a famous surf spot called The Wedge. Other notable spots include Balboa Island,
Pelican Hill Golf Club, Lido Theatre, Orange County Museum of Art, and Fashion Island, which
is an upscale open-air lifestyle center with many retail shops and restaurants.
All of these features make Newport Beach a great city to rent multifamily rental
properties such as duplexes, triplexes, fourplexes and larger commercial apartment buildings.
This vibrant, growing community has great attractions, a healthy work industry, and above
average rentals. The density of the city and the desire for people to live here, make it an
ideal location for multifamily living and the city does have great duplex, triplex, and fourplex
This information was gathered from www.newportbeachca.gov,city-data.com, and wikipedia
Thank you for choosing MultiFamilyOwl.com in your search for a duplex, triplex, fourplex or commercial apartment for rent in Newport Beach.
MultiFamilyOWL.com is California’s #1 multifamily investment property website to search thousands of multifamily real estate listings for sale, for rent and for lease throughout Orange County, Los Angeles and San Diego California. Find large commercial apartment buildings, duplexes, triplexes and fourplexes with MultiFamilyOWL’s advanced residential income property search features. The multi-family listings include in-depth descriptions, operating financials and high resolution property photos to help you get an inside look. Stay informed with our blog and be notified of new California multi-family and multi-unit residential income property listings by following our social media accounts