1320 West Balboa Boulevard Active Save Request In-Person Tour Request Virtual Tour
Newport Beach,CA 92661
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 2,371 sqft
Price per Sqft $1,678
Subdivision Balboa Peninsula (Residential)
MLS Listing ID NP-24198991
Style Bungalow
Bedrooms 7
Full Baths 5
Year Built 1955
Lot Size 3,049 Sqft
Property Description
Investor Opportunity: Turnkey Duplex on Newport Beach's Balboa Peninsula Introducing a fully remodeled, income-producing duplex in the heart of Newport Beach's 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 systems--ideal 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 California's 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 investor's dream. Seize the chance to own a premium, high-performing rental property in Newport Beach. Contact us today to schedule a showing!
Location
State CA
County Orange
Interior
Interior Features Ceiling Fan(s),Granite Counters,High Ceilings,Recessed Lighting,Kitchen Open to Family Room,Remodeled Kitchen
Heating Ductless
Cooling Ductless,Wall/Window Unit(s)
Flooring Vinyl
Fireplaces Type None
Laundry Gas Dryer Hookup,In Closet,In Garage,Stackable
Exterior
Exterior Feature Awning(s)
Parking Features Attached Carport,Carport
Garage Spaces 2.0
Pool None
Community Features Sidewalks,Storm Drains,Street Lights,Suburban
Utilities Available Sewer Connected,Water Connected,Cable Connected,Electricity Connected,Natural Gas Connected,Phone Connected
View Y/N Yes
View Coastline,Ocean,Peek-A-Boo
Building
Lot Description 2-5 Units/Acre
Sewer Public Sewer