1320 W Balboa Boulevard
Newport Beach, CA 92661
Active for $3,980,000
Beds: 7 Baths: 5 Structure Size: 2,371 sqft Lot Size: 3,049 sqft
| MLS | NP24198991 |
| Year Built | 1955 |
| Property Type | Duplex |
| County | Orange |
| Status | Active |
| Active | $3,980,000 |
| Structure Size | 2,371 sqft |
| Lot Size | 3,049 sqft |
| Beds | 7 |
| Baths | 5 |
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!
Listing information courtesy of: Tyler Brown, Compass . *Based on information from the Association of REALTORS/Multiple Listing as of 11/23/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Location
Contact a Local Realtor®
Lily Galadzhyan
Broker Associate
Direct: 818.266.7756
Email: Email Me
DRE: 01244046
DRE #01873088
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