714-914-4996

1320 W Balboa Boulevard,
Newport Beach, CA 92661

$3,980,000

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Jansen Team

Jansen Team

714-914-4996

rob@jansen-team.com

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 us today to schedule a showing!

Basic Information

MLS #:
NP24198991
Price:
$3,980,000
Price
(per sq ft):
$1,678.00
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:
26
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:
Middle:
High:

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:
10/22/2024 1:31 AM

1320 W Balboa Boulevard,
Newport Beach, CA 92661

Jansen Team
Real Estate

Rob Jansen, Broker

California Office

Phone: 714-914-4996

4000 Barranca Parkway, Suite 250
Irvine, CA 92604

Email: rob@jansen-team.com

Idaho Office

Phone: 208-360-5198

2184 Channing Way , # 324
Idaho Falls, ID 83404

CA-Lic#01799964, ID-Lic#PR54424 ■ © 2023 Copyright Jansen Team Real Estate ■ Equal Housing Opportunity

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