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listing
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MultifamilyFor Sale
$4,095,000
1320 W Balboa Boulevard
Newport Beach, CA 92661
Listed by Tyler Brown DRE#02043514 [email protected] Compass
MLS: California Regional MLS (CRMLS)
7Beds
5Baths
2,371Sq Ft
Est. Mortgage
$21,238/mo

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!

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Information courtesy of Compass is subject to verification and is not guaranteed.
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