1320 W Balboa Boulevard

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Source: California Regional MLS

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NP60807

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.

Property Information

Property Details

Location

Address

1320 W Balboa Boulevard

County

Orange

City

Newport Beach

Zip Code

92661

Subdivision

Balboa Peninsula (Residential) (BALP)

School District

Newport Mesa Unified

High School

Newport Harbor

Elementary School

Newport

MLS Area

NP - Balboa Peninsula

Interior Features

Beds and Baths

Bedrooms

Main Level Bedrooms

Full Bathrooms

Building

Building Information

Square Feet

2,371

Year Built

1955

Construction

Drywall

Foundation

Slab

Roof

Composition

Condition

Turnkey

Financial

Special Conditions

Standard

1320 W Balboa Boulevard, Newport Beach, CA 92661

Market Report for 92661