1320 W Balboa BLVD Active Save Request In-Person Tour Request Virtual Tour
Newport Beach,CA 92661
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,371 sqft
Price per Sqft $1,623
Subdivision Balboa Peninsula (Residential) (Balp)
MLS Listing ID NP25108122
Bedrooms 7
Full Baths 5
Year Built 1955
Lot Size 3,049 Sqft
Property Sub-Type Duplex
Property Description
Investor opportunity in one of Newport Beach's most desirable coastal neighborhoods. Located just across the street from the beach and Newport Elementary, 1320 W Balboa offers a rare chance to own a remodeled, income-producing duplex in the heart of the Balboa Peninsula. With close proximity to the bay, the boardwalk, and countless local attractions, this property blends flexible use with exceptional walkability.
Each of the two spacious units includes three bedrooms and two bathrooms, upgraded kitchens, recessed lighting, and individual HVAC systems. A separate one-bedroom, one-bath bonus suite in the rear unit adds further flexibility for guest use, owner stays, or additional rental income. Both buildings are equipped with their own dedicated laundry, and the property offers generous parking with a two-car attached garage plus a two-car tandem carport—an invaluable asset on the Peninsula.
Multiple outdoor areas, including three open patios and a rooftop deck, create inviting spaces for relaxing or entertaining. With two active short-term lodging permits and a solid history of rental income, 1320 W Balboa presents a unique opportunity for investors or owner-users seeking a high-performing asset in a premier beachside location.
Location
State CA
County Orange
Area Np - Balboa Peninsula
Interior
Heating Ductless
Cooling Ductless,Wall/Window Unit(s)
Flooring Vinyl
Fireplaces Type None
Laundry Gas Dryer Hookup,Laundry Closet,In Garage,Stacked
Exterior
Exterior Feature Awning(s)
Parking Features Attached Carport,Carport,Garage,Garage Faces Rear
Garage Spaces 2.0
Garage Description 2.0
Fence Wood
Pool None
Community Features Storm Drain(s),Street Lights,Suburban,Sidewalks
Utilities Available Cable Connected,Electricity Connected,Natural Gas Connected,Phone Connected,Sewer Connected,Water Connected
Waterfront Description Across the Road from Lake/Ocean
View Y/N Yes
View Coastline,Ocean,Peek-A-Boo
Roof Type Composition
Building
Lot Description 2-5 Units/Acre
Dwelling Type Duplex
Story 2
Foundation Slab
Sewer Public Sewer
Water Public
New Construction No
Schools
Elementary Schools Newport
Middle Schools Ensign
High Schools Newport Harbor
School District Newport Mesa Unified
Others
Acceptable Financing Cash,Cash to New Loan,1031 Exchange,Subject To Other
Listing Terms Cash,Cash to New Loan,1031 Exchange,Subject To Other
Special Listing Condition Standard