1320 W Balboa Blvd, Newport Beach, CA 92661 | For Sale

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For Sale $3,850,000 ($1,623.79 per Sq Ft)

$3,850,000 ($1,623.79 per Sq Ft)
  • (0)
  • 7 Bedrooms
  • 5 Bathrooms
  • 2,371 Sq Ft
  • 3,049 Sq Ft

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.

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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


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Expenses

Property Details

List Price $3,850,000
Property Type Duplex (2-units)
Usable Sqft 2,371
Number of Stories 2 stories
Parking Spots 2 spots
Year Built 1955
Last Sold Unknown
Sold Price Unknown
HOA Fees: $0
Association Name: Unknown
Association Amenities: Unknown
APN # 04723328
MLS # NP25108122
Property ID 321801955
Lot Sqft 3,049
Zoning Unknown
Total Units 3
Days on Market 221
Original List Price $3,850,000
Applicances Dishwasher,Freezer,Disposal,Gas Oven,Gas Range,Gas Water Heater,High Efficiency Water Heater,Microwave,Refrigerator,Range Hood,Tankless Water Heater,Vented Exhaust Fan,Water Heater%
Date Updated December 18, 2025
Date Created May 14, 2025
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Listing Provided By

Tyler Brown an agent of . Lic #02043514


© 2025 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of December 18, 2025 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.



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