ResultsBackNext

1320 W Balboa Boulevard
Newport BeachCA 92661

$3,980,000
New Listing For Sale
Tools
Brochure
Size
7
Bedrooms
5
Full Baths
2,371 Sq Ft.
interior
0.07 Acres
Exterior
Financial
$3,980,000
Change Currency
$1,679
Price Per Sqft
Listing Details
Duplex Homes
Property type
1955
Year Built
12138961
Web Id
NP24198991
MLS ID
8
Days Posted

Description

1320 W Balboa Boulevard,

Newport Beach, CA 92661

Investor Opportunity: Turnkey Duplex on Newport Beach's Balboa Peninsula Introducing a fully remodeled, income-producing duplex in the heart of Newport Beachs 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 systemsideal 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 Californias 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 investors dream. Seize the chance to own a premium, high-performing rental property in Newport Beach. Contact us today to schedule a showing!

This is an Active listing.

Broker Office Phone Number: 949-438-4340

Copyright © 2024California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Amenities

  • Dishwasher
  • Fenced
  • Garbage Disposal
  • Refrigerator
  • Vinyl Flooring
  • Washer / Dryer
  • Wall or Window Air Conditioner(s)
  • Composition Shingle Roof
  • Garage

Price History

datepricevariancetype
9/25/2024$3,980,000 2.81 %decreased
6/25/2024$4,095,000-Listed
Listing By: Compass via Data Source: California Regional Multiple Listing Service, Inc 
listing agent: Tyler Brown


Located at 1320 W Balboa Boulevard, Newport Beach, California 92661, this Duplex Homes is for Sale with a price of $3,980,000 USD. The property was built in 1955, includes 7 bedrooms, has 5 full baths. This listing has 2,371 Sq.Ft. of interior space on a lot of .07 Acres. See all Homes for Sale in Newport Beach.
Contact Agent