$3,980,000
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1320 Balboa Boulevard Newport Beach, CA 92661
Duplex
Residence
7
Beds
5
Baths
2,371
Sq. Ft.
0.07
Acre
Lot
Property Activity
Time on Site
days
Days on Market
Views
Saves
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 renta...l 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!
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MLS#
NP24198991
Property Type
Duplex
Status
Bedrooms
7
Bathrooms
5 Full
Year Built
1955
Square Feet
2,371
sq. ft
Lot Size
0.07
Sewer
Sewer Connected, Public Sewer
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