714-914-4996

1320 W Balboa Boulevard,
Newport Beach, CA 92661

$4,095,000

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!

Basic Information

MLS #:
NP24129020

Price:
$4,095,000

Price
(per sq ft):
$1,727.00

Address:
1320 W Balboa Boulevard ,
Newport Beach, CA 92661

MLS Area:
NP - Balboa Peninsula

Subdivision:
Balboa Peninsula (Residential) (BALP)

Property
Type:
Duplex

Days on Market:
77

Status:
Active

Bedrooms:
7

Bathrooms:
5

Full Baths:
5

Size (sq ft):
2,371 sq ft

Lot Size:
3,049 sq ft

Year Built:
1955

Sale Type:
Standard

Rooms in Home

Rooms:
Living Room

Eating Area:
Area, Breakfast Counter / Bar

Laundry:
Gas Dryer Hookup, In Closet, In Garage, Stackable

Entry Location:
1

Interior Features

Fireplace:
None

Cooling:
Ductless, Wall/Window Unit(s)

Heating:
Ductless

Floor:
Vinyl

Appliances:
Dishwasher, Freezer, Disposal, Gas Oven, Gas Range, Gas Water Heater, High Efficiency Water Heater, Microwave, Range Hood, Refrigerator, Tankless Water Heater, Vented Exhaust Fan, Water Heater

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

Security:

Accessibility:
None

Garage and Parking

Garage:
Attached

Garage:
2 Spaces

Carport:
2.00 Spaces

Parking:
Carport, Attached Carport, Garage, Garage Faces Rear

Home Owners Association

HOA Dues 1:
$0.00 /

HOA Dues 2:
$

HOA Amenities: 

Utilities

Water:
Public

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

School Information

District:
Newport Mesa Unified

Elementary:
NEWPOR

Middle:
ENSIGN

High:
NEWHAR

Exterior Features

Pool:
None

Spa:
None

Patio:
Deck, Patio, Front Porch, Roof Top

View:
Coastline, Ocean, Peek-A-Boo

Construction:
Drywall Walls

Foundation:
Slab

Roof:
Composition

Windows:
Double Pane Windows, Insulated Windows

Common Walls:
No Common Walls

Levels:
Multi/Split

Lot Features:
2-5 Units/Acre

Additional Information

County:
Orange

Senior Community:
No

Community Features:
Sidewalks, Storm Drains, Street Lights, Suburban

Other Structures:

Structure Condition:
Turnkey

Direction Faces:

Listed by:
Compass , Tyler Brown , 02043514

Co-Listed:

Last
Updated:
9/23/2024 1:58 PM

1320 W Balboa Boulevard,
Newport Beach, CA 92661