1320 W Balboa Boulevard, Newport Beach, CA 92661

$3,850,000
7
BD
5
BA
2,371
SqFt

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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
Acres
0.07
Lot Location
2-5 Units/Acre
Days on Market
182
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
Interior Features
Breakfast Bar, Ceiling Fan(s), Granite Counters, High Ceilings, Recessed Lighting
Attached Structure
Detached
Number Of Units Total
3

Listing courtesy of Listing Agent: Tyler Brown (tyler@tylerbrownre.com) from Listing Office: Serhant California, Inc.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.