$4,095,000
Beds:
7
Baths:
5
Sqft:
2,371
Sqft lot:
3,049
Acre lot:
0.07
88 Days On Market -
Courtesy of Compass.
Status:
Active
Property Type:
Townhome
Year Built:
1955
Days On Website:
88
Description
Unveiling a meticulously remodeled duplex in Newport Beach's famed Balboa Peninsula. This turnkey property boasts modern luxury and a proven track record as a short-term rental. Fully remodeled in 2018, each unit features three bedrooms, two bathrooms, and high-end finishes. Upgraded kitchens, recessed lighting, and individual HVAC systems offer unparalleled comfort for guests. Dedicated laundry facilities for each unit and a versatile attached one bed one bath bonus suite in the rear unit add convenience and flexibility. Three open patios and a spacious rooftop deck provide ample space for entertaining under the California sun. Ample parking ensures ease for residents and guests. The close proximity approximately from bay access and just across the street from the beach. Currently operating with two highly coveted short term lodging permits, this property boasts a historically strong rental income stream. The prime Balboa Peninsula location offers world-class beaches, diverse shopping, and delectable dining nearby. Own a premier property in an amazing location. Contact us today for a showing!
Features
Bathrooms
- 5 full bathrooms
- 5 total bathrooms
Bedrooms
- 7 bedrooms
- 7 total bedrooms
Building
- 2,371 estimated square feet
- Source: Assessor Record
- Built in 1955
- 2 stories
- Deck
- Patio
- Roof Top
- split level
Cooling
- Wall/Window
Fence
- Wood
Floors
- Linoleum/Vinyl
Water Features
- Gas
- Tankless
- High Eff. Water Heater
- Public
Interior Features
- Interior wall: drywall
Laundry
- Closet Full Sized
- Closet Stacked
- Garage
- Gas
Listing
- Source: SDMLS
- For Sale
- 70 days on market
- Listed on 2024-06-22
Location
- County: Orange
Lot
- Approximately 3,049 square feet
- 1-3,999 SF
- Approximately 0 acres
Miscellaneous
- Storm Drains
- Suburban
Garage
- 2 garage parking spaces
- Garage
Parking
- 4 total parking spaces
- Non-Garage Parking: Carport
Property
- Ocean
- Coastline
- Peek-A-Boo
Roof
- Composition
Sewer
- Public Sewer
Property Map
Map View
$4,095,000 - 1320 W Balboa Boulevard, Newport Beach, CA 92661
Street View
Directions
1320 W Balboa Boulevard
Newport Beach, CA 92661
County: Orange