1320 W Balboa Boulevard, Newport Beach, CA 92661
Local realty services provided by:Better Homes and Gardens Real Estate Property Shoppe
1320 W Balboa Boulevard,Newport Beach, CA 92661
$3,850,000
- 7 Beds
- 5 Baths
- 2,371 sq. ft.
- Multi-family
- Active
Listed by:tyler brown
Office:compass
MLS#:NP25108122
Source:CRMLS
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.
Contact an agent
Home facts
- Year built:1955
- Listing ID #:NP25108122
- Added:110 day(s) ago
- Updated:August 30, 2025 at 08:26 PM
Rooms and interior
- Bedrooms:7
- Total bathrooms:5
- Full bathrooms:5
- Living area:2,371 sq. ft.
Heating and cooling
- Cooling:Ductless, Wall Window Units
- Heating:Ductless
Structure and exterior
- Roof:Composition
- Year built:1955
- Building area:2,371 sq. ft.
- Lot area:0.07 Acres
Schools
- High school:Newport Harbor
- Middle school:Ensign
- Elementary school:Newport
Utilities
- Water:Public, Water Connected
- Sewer:Public Sewer, Sewer Connected
Finances and disclosures
- Price:$3,850,000
- Price per sq. ft.:$1,623.79
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