1320 Balboa Boulevard, Newport Beach

$4,095,000

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7 Beds
5 Baths
2,371 Sqft
.07 Acre
2 Garages

Unveiling a meticulously remodeled duplex in Newport Beach's famed Balboa Peninsula. This turnkey property boasts modern luxury and a proven track record as a short-term rental. Fully remodeled in 2018, each unit features three bedrooms, two bathrooms, and high-end finishes. Upgraded kitchens, recessed lighting, and individual HVAC systems offer unparalleled comfort for guests. Dedicated laundry facilities for each unit and a versatile attached one bed one bath bonus suite in the rear unit add convenience and flexibility.



Three open patios and a spacious rooftop deck provide ample space for entertaining under the California sun. Ample parking ensures ease for residents and guests. The close proximity approximately from bay access and just across the street from the beach.



Currently operating with two highly coveted short term lodging permits, this property boasts a historically strong rental income stream. The prime Balboa Peninsula location offers world-class beaches, diverse shopping, and delectable dining nearby. Own a premier property in an amazing location. Contact us today for a showing!

Essential Information

MLS® #
NP24129020
Price
$4,095,000
Bedrooms
7
Bathrooms
5.00
Full Baths
5
Square Footage
2,371
Acres
0.07
Year Built
1955
Type
Residential
Sub-Type
Duplex
Style
Bungalow
Status
Active

Community Information

Address
1320 Balboa Boulevard
Area
NP - Balboa Peninsula
City
Newport Beach
County
Orange
Zip Code
92661

Subdivision

Balboa Peninsula (Residential) (BALP)

Amenities

Parking Spaces
4
# of Garages
2
View
Coastline, Ocean, Peek-A-Boo
Pool
None

Utilities

Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected

Parking

Attached Carport, Carport, Garage, Garage Faces Rear

Garages

Attached Carport, Carport, Garage, Garage Faces Rear

Waterfront

Across the Road from Lake/Ocean

Interior

Interior
Vinyl
Heating
Ductless
Cooling
Ductless, Wall/Window Unit(s)
Fireplaces
None
# of Stories
2
Stories
Multi/Split

Interior Features

Ceiling Fan(s), Granite Counters, High Ceilings, Recessed Lighting

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

Exterior

Exterior
Drywall
Exterior Features
Awning(s)
Lot Description
2-5 Units/Acre
Roof
Composition
Construction
Drywall
Foundation
Slab

Windows

Double Pane Windows, Insulated Windows

School Information

District
Newport Mesa Unified
Elementary
Newport
Middle
Ensign
High
Newport Harbor

Additional Information

Date Listed
June 22nd, 2024
Days on Market
7

Listing Details

Agent
Tyler Brown
Office
Compass

LISTING MAP

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Based on information from California Regional Multiple Listing Service, Inc. as of July 6th, 2024 at 3:30am PDT. 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.