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For Sale

1320 W Balboa Boulevard

1320 W Balboa Boulevard, Newport Beach, CA 92661

$3,980,000

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!

7
beds

5
baths

2,371 Sq.Ft. LIVING AREA

3,049 Sq.Ft. lot

Tyler Brown

title Team Leader
PHONE (949) 220-4409
EMAIL [email protected]
DRE # 02043514

Features & Amenities

Interior

total bedrooms7
Total bathrooms5
full bathrooms5
Laundry room Gas Dryer Hookup, Laundry Closet, In Garage, Stacked
Flooring Vinyl
Fireplace None
APPLIANCES Dishwasher, Freezer, Disposal, Gas Oven, Gas Range, Gas Water Heater, High Efficiency Water Heater, Microwave, Refrigerator, Range Hood, Tankless Water Heater, Vented Exhaust Fan, Water Heater
other interior Features Breakfast Bar, Ceiling Fan(s), Granite Counters, High Ceilings, Recessed Lighting

Area & Lot

Status For Sale
Living Area2,371 Sq.Ft.
Lot Area3,049 Sq.Ft.
MLS® IDNP24198991
TypeMulti-Family
YEAR BUILT1955
NeighborhoodNewport Beach
Architecture StylesBungalow
Water FrontageAcross the Road from Lake/Ocean
View DescriptionCoastline, Ocean, Peek-A-Boo
School DistrictNewport Mesa Unified

Exterior

STORIES2
Garage Space2.0
water SourcePublic
utilitiesCable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
PoolNone
roofComposition
lot features2-5 Units/Acre
parkingAttached Carport, Carport, Garage, Garage Faces Rear
HEAT TYPEDuctless
AIR CONDITIONINGDuctless, Wall/Window Unit(s)
sewerPublic Sewer
SubstructureSlab
Disability FeaturesNone
other exterior FeaturesAwning(s)

Financial

Sales Price$3,980,000

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Newport Beach

33.6189° N, 117.9298° W

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Contact Details

Tyler Brown | CA DRE# 02043514

Phone

(949) 220-4409

[email protected]

Address

341 Bayside Drive Newport Beach CA 92660

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