Pacific Shores Real Estate
Sean Papst, Pacific Shores Real EstatePhone: (714) 642-3179
Email: [email protected]

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listing
1 of 38
MultifamilyFor Sale
$3,980,000
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
$20,644/mo

Investor Opportunity: Turnkey Duplex on Newport Beach's Balboa Peninsula Introducing a fully remodeled, income-producing duplex in the heart of Newport Beach’s 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 systems—ideal 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 California’s 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 investor’s dream. Seize the chance to own a premium, high-performing rental property in Newport Beach. Contact us today to schedule a showing!

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