1320 W Balboa Boulevard, Newport Beach, CA 92661

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Kobe Zimmerman

kobezimmerman@bhhscal.com +1(858) 753-3353

$3,850,000

Est. payment - /mo

7 Beds

5 Baths

2,371 SqFt

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Key Details

Property Type Townhouse

Sub Type Townhome

Listing Status Active

Purchase Type For Sale

Square Footage 2,371 sqft

Price per Sqft $1,623

Subdivision Balboa Peninsula (Residential) (

MLS Listing ID NP25108122

Style Craftsman/Bungalow

Bedrooms 7

Full Baths 5

Year Built 1955

Lot Size 3,049 Sqft

Property Sub-Type Townhome

Property Description

Investor Opportunity: Turnkey Duplex on Newport Beach's Balboa Peninsula Introducing a fully remodeled, income-producing duplex in the heart of Newport Beachs prestigious Balboa Peninsula. This turnkey property offers a rare investment opportunity with a proven history of strong short-term rental income. Each of the two units features three bedrooms, two bathrooms, upgraded kitchens, recessed lighting, and individual HVAC systemsideal for maximizing guest comfort and rental appeal. The property includes a versatile one-bedroom, one-bath bonus suite in the rear unit, as well as dedicated laundry facilities for each unit, adding flexibility and convenience for long- or short-term stays. Outdoor spaces are abundant, with three open patios and a rooftop deck perfect for entertaining and capturing Californias coastal lifestyle. Operating with two highly sought-after short-term lodging permits, this duplex has consistently generated impressive rental income. The prime location offers immediate access to both the bay and the beach, ensuring strong demand from vacationers. With ample parking and proximity to world-class beaches, shopping, and dining, this property is an investors dream. Seize the chance to own a premium, high-performing rental property in Newport Beach.

Location

State CA

County Orange

Direction Balboa blvd North, property is on the right side

Interior

Interior Features Granite Counters, Recessed Lighting

Cooling Wall/Window

Flooring Linoleum/Vinyl

Fireplace No

Appliance Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Gas Oven, Vented Exhaust Fan, Gas Range

Laundry Gas

Exterior

Parking Features Garage

Garage Spaces 2.0

Fence Wood

Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected

View Y/N Yes

Water Access Desc Public

View Ocean, Coastline, Peek-A-Boo

Roof Type Composition

Accessibility None

Porch Deck, Patio, Roof Top

Total Parking Spaces 4

Building

Story 2

Sewer Public Sewer

Water Public

Level or Stories 2

Others

Tax ID 04723328

Special Listing Condition Standard

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Listed by Tyler Brown Compass

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1320 W Balboa Boulevard Newport Beach, CA 92661