1320 W Balboa Boulevard,Newport Beach, CA 92661
Newport Beach, CA 92661
Description
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 share dedicated on site 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.
Details
| MLS # | NP25108122 |
|---|---|
| Listing Type | For Sale |
| Style | Duplex |
| Sub-Type | Resale |
| Status | Active |
| Year | 1955 |
| Days On Site | 519 |
| Listing Provided By | Serhant California, Inc | Tyler Brown |
Features
| Bed(s) | 7 |
|---|---|
| Bath(s) | 5 Total |
| SQ Feet | 2,371 |
| Garage | 2 |
| Car Port | Yes |
| Story(s) | 2 |
| Units | 3 |
| Acreage | 0.07 |
| Water Front | Yes |
| Property View | Yes |
Interior
| Cooling | Ductless, Wall Window Units |
|---|---|
| Heating | Ductless |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Interior Features | Breakfast Bar, Ceiling Fans, Granite Counters, High Ceilings, Recessed Lighting |
| Window Features | Double Pane Windows, Insulated Windows |
| Appliances | Dishwasher, Freezer, Disposal, Gas Oven, Gas Range, Gas Water Heater, High Efficiency Water Heater, Microwave, Refrigerator, Range Hood, Tankless Water Heater, Vented Exhaust Fan, Water Heater |
| Fireplace Yes / No | No |
Exterior
| Exterior Features | Awnings |
|---|---|
| Roof | Composition |
| Construction Materials | Drywall |
| Foundation Details | Slab |
| Lot Features | Two To Five Units Acre |
| Fencing | Wood |
Parking
| Attached Garage Yes / No | Yes |
|---|---|
| Parking Features | Attached Carport, Carport, Garage, Garage Faces Rear |
| Garage Yes / No | Yes |
Utilities
| Utilities | Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected |
|---|---|
| Electric | Volts220In Garage |
| Sewer | Public Sewer |
Location
| Community Features | Storm Drains, Street Lights, Suburban, Sidewalks |
|---|
Area Information
| State | CA |
|---|---|
| County | Orange |
| City | Newport Beach |
| Zip Code | 92661 |
| Area | NP Balboa Peninsula |
| Community Name | Balboa Peninsula (Residential) (BALP) |
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Learn More About This Property
| State | CA |
|---|---|
| County | Orange |
| City | Newport Beach |
| Zip Code | 92661 |
| Area | NP Balboa Peninsula |
| Community Name | Balboa Peninsula (Residential) (BALP) |