Newport Beach, CA 92661,1320 W Balboa BLD
Newport Beach, CA 92661,1320 W Balboa BLD
Newport Beach, CA 92661,1320 W Balboa BLD
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Listed by Tyler Brown • Compass
$3,850,000
Est. payment /mo
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7 Beds
5 Baths
2,371 SqFt
Active

1320 W Balboa BLD Newport Beach, CA 92661

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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,371 sqft

Price per Sqft $1,623

MLS Listing ID CRNP25108122

Style Bungalow

Bedrooms 7

Full Baths 5

Year Built 1955

Lot Size 3,049 Sqft

Property Sub-Type Duplex

Source California Regional MLS

Property Description

Investor opportunity in one of Newport Beach's most desirable coastal neighborhoods. Located just across the street from the beach and Newport Elementary, 1320 W Balboa offers a rare chance to own a remodeled, income-producing duplex in the heart of the Balboa Peninsula. With close proximity to the bay, the boardwalk, and countless local attractions, this property blends flexible use with exceptional walkability. Each of the two spacious units includes three bedrooms and two bathrooms, upgraded kitchens, recessed lighting, and individual HVAC systems. A separate one-bedroom, one-bath bonus suite in the rear unit adds further flexibility for guest use, owner stays, or additional rental income. Both buildings are equipped with their own dedicated laundry, and the property offers generous parking with a two-car attached garage plus a two-car tandem carport-an invaluable asset on the Peninsula. Multiple outdoor areas, including three open patios and a rooftop deck, create inviting spaces for relaxing or entertaining. With two active short-term lodging permits and a solid history of rental income, 1320 W Balboa presents a unique opportunity for investors or owner-users seeking a high-performing asset in a premier beachside location.

Location

State CA

County Orange

Area Np - Balboa Peninsula

Rooms

Dining Room Breakfast Bar, Other

Kitchen Dishwasher, Freezer, Garbage Disposal, Hood Over Range, Microwave, Other, Exhaust Fan, Oven Range - Gas, Refrigerator, Oven - Gas

Interior

Cooling Window / Wall Unit

Fireplaces Type None

Laundry Gas Hookup, In Closet, In Garage, Stacked Only

Exterior

Parking Features Carport , Garage

Garage Spaces 2.0

Fence Wood

Pool 31, None

Utilities Available Other

View Ocean, 30

Roof Type Composition

Building

Story Split Level

Foundation Concrete Slab

Water Hot Water, Heater - Gas, District - Public

Architectural Style Bungalow

Others

Tax ID 04723328

Special Listing Condition Not Applicable


MLS Listing IDX PLUS
SCHOOLSPROPERTIES
Elementary Schools 14
  • 10

    Eastbluff Elementary School

    Public | KG - 6

  • 9

    Newport Elementary School

    Public | KG - 6

  • 8

    Newport Heights Elementary School

    Public | KG - 6

  • 8

    Mariners Elementary School

    Public | KG - 6

  • 8

    Kaiser Elementary School

    Public | 3 - 6

  • 5

    Pomona Elementary School

    Public | KG - 6

  • 4

    Victoria Elementary School

    Public | KG - 6

  • 3

    Whittier Elementary School

    Public | KG - 6

  • 1

    Rea Elementary School

    Public | KG - 6

  • 0

    Page Private School - Newport Mesa

    Private | PK - 8

  • 0

    St Joachim Elementary School

    Private | PK - 8

  • 0

    Woodland Child Devt Center

    Private | PK - 6

  • 0

    Woodland Elementary School

    Public | KG - 2

  • 0

    Our Lady Queen of Angels School

    Private | KG - 8

Middle Schools 2
  • 10

    Corona Del Mar Middle and High School

    Public | 7 - 12

  • 7

    Ensign Intermediate School

    Public | 7 - 8

High Schools 2
  • 8

    Newport Harbor High School

    Public | 9 - 12

  • 0

    Newport Academy Day School

    Private | 9 - 12

School and business data provided by Attom Data.
Alex Kononoff
Alex Kononoff

Agent | License ID: 01387648

+1(650) 207-5341 | alexander.kononoff@exprealty.com

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1320 W Balboa BLD