1320 W Balboa Boulevard Newport Beach, CA 92661

7 Beds
5 Baths
2,371 Sqft
3,049 Sqft lot
0.07 Acre lot
Status: Active
Property Type: Duplex
Year Built: 1955
Neighborhood: Balboa Peninsula (residential) (balp)
Days on Website: 61

Property listed by Compass, Tyler Brown 949-220-4409

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. Contact us today to schedule a showing!

Open House

Property Details and Features

  • Road frontage type: CityStreet
  • Road surface type: Paved
  • Dishwasher
  • Freezer
  • Disposal
  • GasOven
  • GasRange
  • GasWaterHeater
  • HighEfficiencyWaterHeater
  • Microwave
  • Refrigerator
  • RangeHood
  • TanklessWaterHeater
  • VentedExhaustFan
  • WaterHeater
  • 3 main level bathrooms
  • 5 full bathrooms
  • 5 total bathrooms
  • 4 main level bedrooms
  • 7 total bedrooms
  • Built in 1955
  • Levels: MultiSplit
  • Living area: 2371
  • Architectural style: Bungalow
  • Common walls: NoCommonWalls
  • Construction materials: Drywall
  • StormDrains
  • StreetLights
  • Suburban
  • Sidewalks
  • Ductless
  • WallWindowUnits
  • InsulatedDoors
  • Accessibility features: None
  • Awnings
  • Wood
  • None
  • Vinyl
  • 2 spaces
  • Ductless
  • BreakfastBar
  • CeilingFans
  • GraniteCounters
  • HighCeilings
  • RecessedLighting
  • GasDryerHookup
  • LaundryCloset
  • InGarage
  • Stacked
  • ListingID: NP24198991
  • Standard status: Active
  • 58 days on market
  • Country: US
  • Subdivision name: Balboa Peninsula (Residential) (BALP)
  • 0.07 acres
  • 3,049 square feet
  • Size: 3,049
  • TwoToFiveUnitsAcre
  • 2 carport spaces
  • 4 totals parking
  • AttachedCarport
  • Carport
  • Garage
  • GarageFacesRear
  • None
  • ClosePlus3Days
  • Deck
  • FrontPorch
  • Patio
  • Rooftop
  • Coastline
  • Ocean
  • PeekABoo
  • AcrossTheRoadFromLakeOcean
  • Composition
  • PublicSewer
  • None
  • Volts220InGarage
  • CableConnected
  • ElectricityConnected
  • NaturalGasConnected
  • PhoneConnected
  • SewerConnected
  • WaterConnected
  • DoublePaneWindows
  • InsulatedWindows