$4,095,000
For Sale

1320 W Balboa Boulevard

Newport Beach, CA 92661
2371 sqft | 7 beds | 5 baths | 0.07 acres | #NP24129020
Listing OfficeCompass
Browse 37 photos
Type:Purchase
Structure:Townhouse
Zone:Residential

Description

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!

  • Property Details
      • Utility FeaturesCableConnected, ElectricityConnected, NaturalGasConnected, PhoneConnected, SewerConnected, WaterConnected
      • InteriorCeilingFans, GraniteCounters, HighCeilings, RecessedLighting
      • SubdivisionBalboa Peninsula (Residential) (BALP)
      • ViewCoastline, Ocean, PeekABoo
      • School DistrictNewport Mesa Unified
      • Lot DescriptionItem25UnitsAcre
      • High SchoolNewport Harbor
      • Sewer InformationPublicSewer
      • Original List Price$4,095,000
      • MLS #NP24129020
      • MLS #NP24129020
      • Property TypePurchase
      • Exterior MaterialsAwnings
      • Elementary SchoolNewport
      • Cost4095000
      • Utility SourcePublic
      • Middle SchoolEnsign
      • CountyOrange
      • Property SubtypeDuplex
      • Structure TypeDuplex
      • Acres0.07
      • Square Feet2371
      • Year Built1955
      • FoundationSlab
      • Bedrooms7
      • Bathrooms5
      • Full Baths5
      • Stories2
      • Parking Spaces2

Location

Jessie Espinosa | Century 21 Select Real Estate, TurlockReal Estate Group
$
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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