1320 W Balboa BLVD Newport Beach, CA 92661
Active
$3,980,000
Units
7 Beds
5 Baths
2,371 Area(sq.ft.)
3,049 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| 0 | 0 | $ 0 | $ 0 | $ 0 |
| MLS #: | NP24198991MR |
| Days On Market: | 58 |
| County: | Orange County |
| Property Type: | Residential Income |
| Price per ft2: | $ 1,679 |
| Year Built: | 1955 |
Property Details
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!Interested in this Listing?
Miami Residence will connect you with an agent in a short time.
Income Details
Structure
| Community Features: | Sidewalks, Storm Drains, Street Lights, Suburban |
| Style: | Bungalow |
| Sewer: | Public Sewer |
| View Description: | Coastline, Ocean, Peek-A-Boo |
| Water: | Public |
Land & Parking
| Land Lease Type: | Fee |
| Parking Garage: | Carport, Garage |
Interior
| Cooking Appliances: | Microwave, Oven-Gas, Range |
| AC/Cooling: | Ductless, Wall/Window Unit(s) |
| Equipment: | Dishwasher, Freezer, Garage, Gas Dryer Hookup, In Closet, Laundry Closet Stacked, Microwave, Refrigerator, Stackable W/D Hookup, Vented Exhaust Fan |
| Heating: | Ductless |
| Fireplace Rooms: | None |
| Laundry: | Garage, Gas Dryer Hookup, In Closet, Laundry Closet Stacked, Stackable W/D Hookup |
Exterior
| Pool: | No |
| Roof: | Composition |
| Spa: | No |
Detailed Map
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