Active
1320 W Balboa Boulevard
Newport Beach CA, 92661
$4,095,000
$1,727.12 per sqft
Active
7 Beds
5 Baths
2,371 sqft
Multi-family
Built in 1955
Listed by Tyler Brown with Compass 949-220-4409
Unveiling a meticulously remodeled duplex in Newport Beach's famed Balboa Peninsula. This turnkey property boasts modern luxury and a proven track record as a short-term rental. Fully remodeled in 2018, each unit features three bedrooms, two bathrooms, and high-end finishes. Upgraded kitchens, recessed lighting, and individual HVAC systems offer unparalleled comfort for guests. Dedicated laundry facilities for each unit and a versatile attached one bed one bath bonus suite in the rear unit add convenience and flexibility.
Three open patios and a spacious rooftop deck provide ample space for entertaining under the California sun. Ample parking ensures ease for residents and guests. The close proximity approximately from bay access and just across the street from the beach.
Currently operating with two highly coveted short term lodging permits, this property boasts a historically strong rental income stream. The prime Balboa Peninsula location offers world-class beaches, diverse shopping, and delectable dining nearby. Own a premier property in an amazing location. Contact us today for a showing!
NP24129020
MLSⓇ ID
June 25, 2024
Listed
August 31, 2024
Updated
Map
1320 W Balboa Boulevard
Newport Beach CA, 92661
Interior Features
Total Stories
2
Bedrooms
7
Total Bathrooms
5
Full Bathrooms
5
Interior Features
Ceiling Fan(s), Granite Counters, High Ceilings, Recessed Lighting
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
Laundry Description
Gas Dryer Hookup, Laundry Closet, In Garage, Stacked
Floor Description
Vinyl
Fireplace
No
Fireplace Description
None
Cooling
Yes
Cooling Description
Ductless, Wall/Window Unit(s)
Heating
Yes
Heating Description
Ductless
Exterior/Building Features
Lot Size
0.07 Acres
Exterior Features
Awning(s)
Lot Features
2-5 Units/Acre
Architectual Style
Bungalow
Roof
Composition
Sewer
Public Sewer
School Information
School District
Newport Mesa Unified
High School
Newport Harbor
Elementary School
Newport
Other Property Details
Area Name
NP - Balboa Peninsula
Days on Market
54
Garage
Yes
Garage Spaces
2
Parking
Attached Carport, Carport, Garage, Garage Faces Rear
Parking Total
4
View
Yes
View Description
Coastline, Ocean, Peek-A-Boo
County
Orange
Water Source
Public
Pool
No
Pool Features
None
Waterfront
Yes
Listing Contact: 949-438-4340
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 8/31/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 8/31/2024 at 2:26 PM UTC