$ 3,850,000
-
$3,850,000
Price -
7
Bed -
5
Bath -
2,371
SqFt
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About the Listing NP60725 - NP60807
Investor opportunity in one of Newport Beach’s most desirable coastal neighborhoods. Located just across the street from the beach and Newport Elementary, 1320 W Balboa offers a rare chance to own a remodeled, income-producing duplex in the heart of the Balboa Peninsula. With close proximity to the bay, the boardwalk, and countless local attractions, this property blends flexible use with exceptional walkability. Each of the two spacious units includes three bedrooms and two bathrooms, upgraded kitchens, recessed lighting, and individual HVAC systems. A separate one-bedroom, one-bath bonus suite in the rear unit adds further flexibility for guest use, owner stays, or additional rental income. Both buildings are equipped with their own dedicated laundry, and the property offers generous parking with a two-car attached garage plus a two-car tandem carport—an invaluable asset on the Peninsula. Multiple outdoor areas, including three open patios and a rooftop deck, create inviting spaces for relaxing or entertaining. With two active short-term lodging permits and a solid history of rental income, 1320 W Balboa presents a unique opportunity for investors or owner-users seeking a high-performing asset in a premier beachside location.
Listing Highlights for 1320 W Balboa Boulevard
Status
Active
Days on Site
163
Property Type
Residential
MLS ®
NP25108122
Year Built
1955
Total Square Footage
2,371
Lot/Acreage
0.07
County
Orange
Neighborhood
Balboa Peninsula (Residential) (BALP)
School District
Newport Mesa Unified
Elementary School
Newport
Middle School
Ensign
High School
Newport Harbor
Interior Details
- Bedrooms: 7
- Bathrooms: 5 Full
- Appliances: Dishwasher, Freezer, Disposal, Gas Oven, Gas Range, Gas Water Heater, High Efficiency Water Heater, Microwave, Range Hood, Refrigerator, Tankless Water Heater, Vented Exhaust Fan, Water Heater
- Air Cond: Ductless,Wall/Window Unit(s)
- Heating: Ductless
- Fireplaces:
- Floor: Vinyl
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Ceiling Fan(s),Granite Counters,High Ceilings,Recessed Lighting
- Water: Public
Exterior Details
- Lot Description: 2-5 Units/Acre,No Land Lease
- Garage Capacity: 2 car
- Parking Spaces: 4
- Roof: Composition
- Others: Awning(s),2+ Total Units
- Sewer: Public Sewer
- Parking Features: Carport,Attached Carport,Garage,Garage Faces Rear
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 04723328
- Tax Year: N/A
Payment Calculator
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Listing Location
Questions About..
1320 W Balboa Boulevard Newport Beach, CA 92661
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