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$3,980,000
44 Days On Site

1320 W Balboa Boulevard
Newport Beach, CA 92661

For Sale|Duplex|Active
7
Beds
5
Full Baths
0
Partial Baths
2,371
SqFt
$1,679
/SqFt
1955
Built
Subdivision:
Balboa Peninsula (Residential) (BALP)
County:
Orange
Listed by Tyler Brown of Compass tyler@tylerbrownre.com
Call Now: 949.375.4430
Is this the home for you? We can help make it yours.
949.375.4430
Upcoming Open Houses
Fri, Nov 8 7 PM - 10 PM UTC
1320 W Balboa Boulevard1320 W Balboa Boulevard1320 W Balboa Boulevard1320 W Balboa Boulevard
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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!

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Listing Snapshot
Price 
$3,980,000
Days On Site 
44 Days
Bedrooms 
7
Inside Area (SqFt) 
2,371 sqft
Total Baths 
5
Full Baths 
5
Partial Baths 
N/A
Lot Size 
0.07 Acres
Year Built 
1955
MLS® Number 
NP24198991
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
a month agoStatus changed to Active
a month agoListing first seen online
a month agoListing updated with changes from the MLS®
General Features
Acres 
0.07
Attached Garage 
Yes
Carport 
2
Contingency 
Buyer to cooperate with sellers 1031 exchange at no cost to buyer.
Foundation 
Slab
Garage 
Yes
Garage Spaces 
2
Number Of Stories 
2
Parking 
Attached CarportCarportGarageGarage Faces RearAttached
Parking Spaces 
4
Property Sub Type 
Duplex
Sewer 
Public Sewer
Special Circumstances 
Standard
Stories 
Multi/Split
Style 
Bungalow
Utilities 
Cable AvailableNatural Gas AvailableCable ConnectedElectricity ConnectedNatural Gas ConnectedPhone ConnectedSewer ConnectedWater Connected
Water Source 
Public
Interior Features
Appliances 
DishwasherFreezerDisposalGas OvenGas RangeGas Water HeaterMicrowaveRefrigeratorRange HoodTankless Water HeaterVented Exhaust FanWater HeaterWasher/Dryer Stacked
Cooling 
Ceiling Fan(s)DuctlessWall/Window Unit(s)
Electric 
220 Volts in Garage
Fireplace Features 
None
Flooring 
Vinyl
Heating 
Ductless
Interior 
Breakfast BarCeiling Fan(s)Granite CountersHigh CeilingsRecessed Lighting
Laundry Features 
Gas Dryer HookupLaundry ClosetIn Garage
Main Level Bedrooms 
4
Window Features 
Double Pane WindowsInsulated Windows
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Exterior Features
Exterior 
Awning(s)
Fencing 
Wood
Patio And Porch 
DeckFront PorchPatio
Pool Features 
None
Road Frontage 
City Street
Roof 
Composition
Spa Features 
None
View 
Ocean
Waterview 
Ocean
Windows/Doors 
Double Pane WindowsInsulated Windows
Community Features
Building Access 
1
Community Features 
Street LightsSuburbanSidewalks
Financing Terms Available 
1031 Exchange
MLS Area 
NP - Balboa Peninsula
Roads 
Paved
School District 
Newport Mesa Unified
Schools
School District
Newport Mesa Unified
Elementary School
Unknown
Middle School
Unknown
High School
Unknown


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. The 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.

Neighborhood & Commute
Source: Walkscore
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