714-914-4996

215 32nd Street,
Newport Beach, CA 92663

$5,200,000

PRICED REDUCED $800k - SELLER FINANCING AVAILABLE. Just $1.5M down and seller will carry at 4% interest-only for 12 months. Buyer keeps all rental income (approx. $260K/year) to offset interest payments. Balloon payment of $3.7M due at end of year one. Rare low-entry opportunity in prime Newport Beach with immediate cash flow. Newly constructed in 2020, this fully furnished 8-bedroom, 7-bathroom duplex sits at the top of the Balboa Peninsula, directly across from the beach. Includes two transferable short-term rental permits and strong income history. Two thoughtfully designed units: Rear Unit: 5BR / 3.5BA with direct garage access, open-concept kitchen, large bonus room, and rooftop deck with ocean, city, and mountain views. Front Unit: 3BR / 2.5BA with a charming front porch on 32nd Street — steps to the sand and ideal for entertaining. Features include AC/heat, parking for 4 cars (2-car garage + 2-car carport), and premium finishes throughout. Walk to Lido Marina Village, the Bayfront, top restaurants, and shops. Quick access to PCH and freeways. Live where you vacation or leverage it as a high-performing income property!

Basic Information

MLS #:
NP25056815

Price:
$5,200,000

Price
(per sq ft):
$1,485.00

Address:
215 32nd Street ,
Newport Beach, CA 92663

MLS Area:
N8 - West Newport - Lido

Subdivision:
Balboa Peninsula (Residential) (BALP)

Property
Type:
Duplex

Days on Market:
28

Status:
Active

Bedrooms:
8

Bathrooms:
7

Full Baths:
5

Size (sq ft):
3,500 sq ft

Lot Size:
2,352 sq ft

Year Built:
2020

Sale Type:
Standard

Rooms in Home

Rooms:
All Bedrooms Up, Bonus Room, Den, Galley Kitchen, Kitchen, Laundry, Primary Bathroom, Primary Bedroom, Separate Family Room, Walk-In Closet

Eating Area:

Laundry:
Gas & Electric Dryer Hookup, Gas Dryer Hookup, Inside

Entry Location:
ground level

Interior Features

Fireplace:
None

Cooling:
Electric, Zoned

Heating:
Forced Air

Floor:
Vinyl

Appliances:
Built-In Range, Dishwasher, Disposal, Gas Range, Microwave, Range Hood, Refrigerator, Tankless Water Heater, Vented Exhaust Fan

Interior Features:
Built-in Features, Ceiling Fan(s), Furnished, Granite Counters, Recessed Lighting, Stone Counters

Security:

Accessibility:
Parking

Garage and Parking

Garage:
Attached

Garage:
2 Spaces

Carport:
2.00 Spaces

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

Home Owners Association

HOA Dues 1:
$0.00 /

HOA Dues 2:
$

HOA Amenities: 

Utilities

Water:
Public

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

School Information

District:
Newport Mesa Unified

Elementary:
NEWPOR

Middle:
ENSIGN

High:
NEWHAR

Exterior Features

Pool:
None

Spa:
None

Patio:

View:
City Lights, Mountain(s)

Construction:

Foundation:

Roof:

Windows:

Common Walls:
No Common Walls

Levels:
Three Or More

Lot Features:
0-1 Unit/Acre

Additional Information

County:
Orange

Senior Community:
No

Community Features:
Biking, Curbs, Fishing, Hiking, Watersports, Sidewalks, Storm Drains, Street Lights

Other Structures:

Structure Condition:

Direction Faces:

Listed by:
Surterre Properties Inc. , Chris Moreno , 01503663

Co-Listed:
Surterre Properties Inc. , Cassie Hammond , 01264839

Last
Updated:
4/11/2025 5:24 AM

215 32nd Street,
Newport Beach, CA 92663