1320 W Balboa Boulevard Active Save Request In-Person Tour Request Virtual Tour
Newport Beach,CA 92661
Key Details
Property Type Commercial
Sub Type Duet
Listing Status Active
Purchase Type For Sale
Square Footage 2,371 sqft
Price per Sqft $1,678
MLS Listing ID CRNP24198991
Bedrooms 7
Full Baths 5
HOA Y/N No
Year Built 1955
Lot Size 3,049 Sqft
Acres 0.07
Property 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. Conta
Location
State CA
County Orange
Area Listing
Interior
Interior Features Kitchen/Family Combo,Breakfast Bar,Stone Counters,Updated Kitchen
Cooling Ceiling Fan(s),Wall/Window Unit(s),Other
Flooring Vinyl
Fireplaces Type None
Fireplace No
Window Features Double Pane Windows
Appliance Dishwasher,Disposal,Gas Range,Microwave,Refrigerator,Gas Water Heater,Tankless Water Heater
Laundry Gas Dryer Hookup,Laundry Closet,In Garage,Other
Exterior
Exterior Feature Other
Garage Spaces 2.0
Pool None
Utilities Available Sewer Connected,Cable Connected,Natural Gas Connected
View Y/N true
View Other,Ocean
Handicap Access None
Total Parking Spaces 4
Private Pool false
Building
Lot Description Street Light(s),Storm Drain
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Bungalow
Level or Stories Multi/Split
New Construction No
Schools
School District Newport-Mesa Unified
Others
Tax ID 04723328