1320 W Balboa BLD, Newport Beach, CA 92661
1320 W Balboa BLD, Newport Beach, CA 92661
1320 W Balboa BLD, Newport Beach, CA 92661
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Listed by Tyler Brown, DRE #02043514 • Serhant California, Inc
$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
Alex Kononoff
Alex Kononoff

Agent | License ID: 01387648

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

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1320 W Balboa BLD