About 1320 W Balboa Boulevard
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.
Features of 1320 W Balboa Boulevard
| MLS® # | NP25108122 |
|---|---|
| Price | $3,850,000 |
| Bedrooms | 7 |
| Bathrooms | 5.00 |
| Full Baths | 5 |
| Square Footage | 2,371 |
| Acres | 0.07 |
| Year Built | 1955 |
| Type | Residential |
| Sub-Type | Townhome |
| Style | Craftsman/Bungalow |
| Status | Active |
Community Information
| Address | 1320 W Balboa Boulevard |
|---|---|
| Area | OC - NEWPORT BEACH (92661) |
| City | Newport Beach |
| County | Orange |
| State | CA |
| Zip Code | 92661 |
Amenities
| Utilities | Cable Connected,Electricity Connected,Natural Gas Connected,Phone Connected,Sewer Connected,Water Connected |
|---|---|
| Parking Spaces | 4 |
| Parking | Garage |
| # of Garages | 2 |
| View | Ocean,Coastline,Peek-A-Boo |
| Is Waterfront | No |
| Has Pool | No |
| Pool | N/K |
Interior
| Interior Features | Granite Counters,Recessed Lighting |
|---|---|
| Appliances | Dishwasher,Disposal,Microwave,Refrigerator,Freezer,Gas Oven,Vented Exhaust Fan,Gas Range |
| Cooling | Wall/Window |
| Fireplace | No |
| Fireplaces | N/K |
| # of Stories | 2 |
| Stories | Split Level |
Exterior
| Lot Description | Sidewalks |
|---|---|
| Roof | Composition |
Additional Information
| Date Listed | May 14th, 2025 |
|---|---|
| Days on Market | 152 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Compass |
|---|