1320 W Balboa Boulevard, Newport Beach, CA 92661
- $3,850,000
- 7
- BD
- 5
- BA
- 2,371
- SqFt
List Agent Tyler Brown () Serhant California, Inc; CoList ()
- List Price
- $3,850,000
- Status
- ACTIVE
- MLS#
- NP25108122
- Year Built
- 1955
- Bedrooms
- 7
- Bathrooms
- 5
- Living Sq. Ft
- 2,371
- Lot Size
- 3,049
- Lot Location
- 2-5 Units/Acre
- Days on Market
- 185
- Property Type
- Single Family Residential
- Style
- Bungalow
- Property Sub Type
- Duplex
- Stories
- Multi Level
- Neighborhood
- Balboa Peninsula (Residential) (Balp)
Property 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 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.
Additional Information
- 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
- Pool Description
- None
- Heat
- Ductless
- Cooling
- Yes
- Cooling Description
- Ductless, Wall/Window Unit(s)
- View
- Coastline, Ocean, Peek-A-Boo
- Exterior Construction
- Drywall
- Patio
- Deck, Front Porch, Patio, Rooftop
- Roof
- Composition
- Garage Spaces Total
- 2
- Sewer
- Public Sewer
- Water
- Public
- School District
- Newport Mesa Unified
- Elementary School
- Newport
- Middle School
- Ensign
- High School
- Newport Harbor
Mortgage Calculator
Based on information from CRISNet MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.