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Beryl Mann

beryl.mann@engelvoelkers.com +1(805) 657-1441

Listed by Tyler Brown • Serhant California, Inc

$ 3,850,000

Est. payment -/mo

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Active

1320 West Balboa Boulevard Newport Beach, CA 92661

7 Beds

5 Baths

2,371 SqFt

UPDATED:

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 NP-25108122

Style Bungalow

Bedrooms 7

Full Baths 5

Year Built 1955

Lot Size 3,049 Sqft

Property Sub-Type Duplex

Source California Regional Multiple Listing Service (CRMLS)

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

Interior

Interior Features Ceiling Fan(s), Granite Counters, High Ceilings, Recessed Lighting, Kitchen Open to Family Room, Remodeled Kitchen

Heating Ductless

Cooling Ductless, Wall/Window Unit(s)

Flooring Vinyl

Fireplaces Type None

Laundry Gas Dryer Hookup, In Closet, In Garage, Stackable

Exterior

Exterior Feature Awning(s)

Parking Features Attached Carport, Carport

Garage Spaces 2.0

Pool None

Community Features Sidewalks, Storm Drains, Street Lights, Suburban

Utilities Available Sewer Connected, Water Connected, Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected

View Y/N Yes

View Coastline, Ocean, Peek-A-Boo

Building

Lot Description 2-5 Units/Acre

Sewer Public Sewer

Schools

Elementary Schools Newport

Middle Schools Ensign

High Schools Newport Harbor

NEARBY SCHOOLS & PROPERTIES

Beryl Mann

Advisor | License ID: DRE # 00447565

+1(805) 657-1441

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