1320 W Balboa Boulevard, Newport Beach, CA, US, 92661
1320 W Balboa Boulevard, Newport Beach, CA, US, 92661Basics
- Date added: Added 2 days ago
- Category: Residential
- Type: Duplex
- Status: Active
- Bedrooms: 7
- Bathrooms: 5
- Floors: 2
- Area: 2371 sq ft
- Lot size: 3049, 3049 sq ft
- Year built: 1955
- Property Condition: Turnkey
- View: Coastline,Ocean,PeekABoo
- Subdivision Name: Balboa Peninsula (Residential) (BALP)
- County: Orange
- MLS ID: NP24198991
Description
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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!
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Location
- Directions: Balboa blvd North, property is on the right side
- Lot Size Acres: 0.07 acres
Building Details
- Structure Type: Duplex
- Water Source: Public
- Architectural Style: Bungalow
- Lot Features: TwoToFiveUnitsAcre
- Sewer: PublicSewer
- Common Walls: NoCommonWalls
- Construction Materials: Drywall
- Fencing: Wood
- Foundation Details: Slab
- Garage Spaces: 2
- Levels: MultiSplit
- Floor covering: Vinyl
Amenities & Features
- Pool Features: None
- Parking Features: AttachedCarport,Carport,Garage,GarageFacesRear
- Patio & Porch Features: Deck,FrontPorch,Patio,Rooftop
- Spa Features: None
- Accessibility Features: None
- Parking Total: 4
- Roof: Composition
- Waterfront Features: AcrossTheRoadFromLakeOcean
- Utilities: CableConnected,ElectricityConnected,NaturalGasConnected,PhoneConnected,SewerConnected,WaterConnected
- Window Features: DoublePaneWindows,InsulatedWindows
- Cooling: Ductless,WallWindowUnits
- Door Features: InsulatedDoors
- Electric: Volts220InGarage
- Exterior Features: Awnings
- Fireplace Features: None
- Heating: Ductless
- Interior Features: BreakfastBar,CeilingFans,GraniteCounters,HighCeilings,RecessedLighting
- Laundry Features: GasDryerHookup,LaundryCloset,InGarage,Stacked
- Appliances: Dishwasher,Freezer,Disposal,GasOven,GasRange,GasWaterHeater,HighEfficiencyWaterHeater,Microwave,Refrigerator,RangeHood,TanklessWaterHeater,VentedExhaustFan,WaterHeater
Nearby Schools
- High School District: Newport Mesa Unified
Expenses, Fees & Taxes
- Association Fee: 0
Miscellaneous
- List Office Name: Compass
- Listing Terms: Exchange1031,SubjectToOther
- Common Interest: None
- Community Features: StormDrains,StreetLights,Suburban,Sidewalks
- Attribution Contact: 949-220-4409