1320 W Balboa Boulevard, Newport Beach, CA 92661
Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
1320 W Balboa Boulevard,Newport Beach, CA 92661
$3,850,000
- 7 Beds
- 5 Baths
- 2,371 sq. ft.
- Single family
- Active
Listed by:tyler brown
Office:compass
MLS#:CRNP25108122
Source:CA_BRIDGEMLS
Price summary
- Price:$3,850,000
- Price per sq. ft.:$1,623.79
About this home
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.
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Home facts
- Year built:1955
- Listing ID #:CRNP25108122
- Added:110 day(s) ago
- Updated:August 31, 2025 at 01:35 AM
Rooms and interior
- Bedrooms:7
- Total bathrooms:5
- Full bathrooms:5
- Living area:2,371 sq. ft.
Heating and cooling
- Cooling:Ceiling Fan(s), Wall/Window Unit(s)
Structure and exterior
- Year built:1955
- Building area:2,371 sq. ft.
- Lot area:0.07 Acres
Finances and disclosures
- Price:$3,850,000
- Price per sq. ft.:$1,623.79
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