Property Description

Investor Opportunity: Turnkey Duplex on Newport Beach’s Balboa PeninsularnrnIntroducing 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.rnrnThe 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.rnrnOperating 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.rnrnSeize the chance to own a premium, high-performing rental property in Newport Beach.

Features
: Ocean, Coastline, Peek-a-boo
0
0
: No Common Walls
2
: Sidewalks, Street Lights, Suburban, Storm Drains
1
: 4.00
: Garage, Attached Carport, Carport, Garage Faces Rear
0
: 2-5 Units/acre
: Wood
: Deck, Patio, Roof Top, Front Porch
: 220 Volts In Garage
1
: Gas Dryer Hookup, In Garage, Stackable, In Closet
: Living Room
: Composition
: Vinyl
: Double Pane Windows, Insulated Windows
: Turnkey
: Slab
: Awning(s)
: High Ceilings, Recessed Lighting, Ceiling Fan(s), Granite Counters
3
4
: Ductless
: Wall/window Unit(s), Ductless
: Sewer Connected, Water Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Cable Connected
: Public
: Public Sewer
: Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave, Refrigerator, Tankless Water Heater, Gas Oven, Range Hood, Vented Exhaust Fan, High Efficiency Water Heater, Freezer, Water Heater
MLS Addon
04723328
3,049
$0
: Granite Counters, Remodeled Kitchen, Kitchen Open To Family Room
: Bathtub, Exhaust Fan(s), Remodeled, Shower In Tub
2
Newport Harbor
Newhar
Ensign
Newport
Newport Mesa Unified
Multi/Split
: Area, Breakfast Counter / Bar
$0
0
0
: Standard
14/05/2025 21:51:00
Listing courtesy of
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Residential For Sale

1320 BalboaBoulevard, Newport Beach, California, 92661

7 Bedrooms
5 Bathrooms (Full)
2,371 Sqft
Visits : 3 in 9 days
$3,850,000
Listing ID #NP25108122
Basic Details
Status : Active
Listing Type : For Sale
Property Type : Residential
Property SubType : Duplex
Price : $3,850,000
Price Per Square Foot : $1,624
Square Footage : 2,371 Sqft
Lot Area : 0.07 Sqft
Year Built : 1955
View : Mountain(s)
Bedrooms : 7
Bathrooms : 5
Bathrooms (Full) : 5
Water front Features : Across The Road From Lake/ocean
Listing ID : NP25108122
Agent info
Rina Maya
Designated Broker
Contact Agent
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