1320 W Balboa Boulevard
$3,980,000
Description
1320 W Balboa Boulevard,
Newport Beach,
CA
92661
Investor Opportunity: Turnkey Duplex on Newport Beach's Balboa Peninsula Introducing a fully remodeled, income-producing duplex in the heart of Newport Beachs 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 systemsideal 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 Californias 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 investors dream. Seize the chance to own a premium, high-performing rental property in Newport Beach. Contact us today to schedule a showing!
This is an Active listing.
Broker Office Phone Number: 949-438-4340
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Amenities
- Dishwasher
- Fenced
- Garbage Disposal
- Refrigerator
- Vinyl Flooring
- Washer / Dryer
- Wall or Window Air Conditioner(s)
- Composition Shingle Roof
- Garage
Listing By: Compass via Data Source: California Regional Multiple Listing Service, Inc
Duplex Homes
Property type
Price History
date | price | variance | type |
---|
9/25/2024 | $3,980,000 | 2.81 % | decreased |
6/25/2024 | $4,095,000 | - | Listed |
listing agent: Tyler Brown