1320 W Balboa BLVD Newport Beach, CA 92661
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 $1,686
Subdivision Balboa Peninsula (Residential) (Balp)
MLS Listing ID NP25108122
Bedrooms 7
Full Baths 5
Construction Status Turnkey
HOA Y/N No
Year Built 1955
Lot Size 3,049 Sqft
Property Sub-Type Duplex
Property Description
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 share dedicated on site 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
Main Level Bedrooms 4
Interior
Interior Features Breakfast Bar, Ceiling Fan(s), Granite Counters, High Ceilings, Recessed Lighting
Heating Ductless
Cooling Ductless, Wall/Window Unit(s)
Flooring Vinyl
Fireplaces Type None
Fireplace No
Appliance 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
Laundry Gas Dryer Hookup, Laundry Closet, In Garage, Stacked
Exterior
Exterior Feature Awning(s)
Parking Features Attached Carport, Carport, Garage, Garage Faces Rear
Garage Spaces 2.0
Carport Spaces 2
Garage Description 2.0
Fence Wood
Pool None
Community Features Storm Drain(s), Street Lights, Suburban, Sidewalks
Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Waterfront Description Across the Road from Lake/Ocean
View Y/N Yes
View Coastline, Ocean, Peek-A-Boo
Roof Type Composition
Accessibility None
Porch Deck, Front Porch, Patio, Rooftop
Total Parking Spaces 4
Private Pool No
Building
Lot Description 2-5 Units/Acre
Dwelling Type Duplex
Story 2
Entry Level Multi/Split
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Bungalow
Level or Stories Multi/Split
New Construction No
Construction Status Turnkey
Schools
Elementary Schools Newport
Middle Schools Ensign
High Schools Newport Harbor
School District Newport Mesa Unified
Others
Senior Community No
Tax ID 04723328
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange, Subject To Other
Listing Terms Cash, Cash to New Loan, 1031 Exchange, Subject To Other
Special Listing Condition Standard
NEARBY SCHOOL & BUSINESS
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