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Description Open House Details Location Schools Recent Sales
$3,850,000 Est. $14,177 / mo.*

1320 W Balboa Boulevard Newport Beach , CA 92661

Property listed by Compass, Tyler Brown {attribution_contact}

Description

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: 40
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.

Open House

Property Details and Features

Property Access
Road frontage type:
CityStreet
Road surface type:
Paved
Appliances & Equipment
Dishwasher
Freezer
Disposal
GasOven
GasRange
GasWaterHeater
HighEfficiencyWaterHeater
Microwave
Refrigerator
RangeHood
TanklessWaterHeater
VentedExhaustFan
WaterHeater
Bathrooms
3 main level bathrooms
5 full bathrooms
5 total bathrooms
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Tour This Home

Contact an Agent

Christopher Lechner

(562) 972-0388

Location

$3,850,000 -
1320 W Balboa Boulevard Newport Beach , CA 92661
Country: US

Street View

Nearby Schools

Recent Sales in the Area