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Newport Beach,CA 92663
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Balboa Peninsula (Residential) (Balp)
MLS Listing ID NP24234889
HOA Y/N No
Year Built 1980
Lot Size 2,613 Sqft
Property Description
Presenting a rare investment opportunity on Newport Beach’s Balboa Peninsula, this stylish duplex offers both versatility and value, featuring a coveted short-term lodging permit for both units—a sought-after asset. Located on the ocean side of Balboa Boulevard, this property provides quintessential coastal living with close access to the sand and surf. The lower unit, a charming 2-bedroom, 2-bath retreat, offers comfortable, perfect for beachside relaxation. Upstairs, the 3-bedroom, 2-bath unit boasts soaring, beamed ceilings, adding a sense of openness and architectural character. The upper unit’s inviting living room extends to a private deck where ocean views enhance the outdoor space, making it ideal for alfresco dining or sunset relaxation. A second private deck off the primary bedroom allows for a quiet escape, bathed in the ocean breeze. Completing the property is a spacious four-car garage, a rare convenience on the Peninsula, providing ample parking or storage for beach gear and more. This Balboa Peninsula duplex not only provides flexible living arrangements but also captures the essence of coastal charm—perfect for a primary residence, vacation retreat, or rental income opportunity in one of Southern California’s most desirable beachfront communities.
Location
State CA
County Orange
Area Np - Balboa Peninsula
Interior
Interior Features Beamed Ceilings,Balcony,Ceiling Fan(s),High Ceilings,Storage
Heating Fireplace(s)
Cooling None
Flooring Carpet,Tile
Fireplaces Type Living Room
Fireplace Yes
Appliance Electric Range,Microwave
Laundry Laundry Closet
Exterior
Garage Door-Single,Garage,Garage Faces Rear,Tandem
Garage Spaces 4.0
Garage Description 4.0
Fence Stucco Wall,Vinyl
Pool None
Community Features Sidewalks
Waterfront Description Beach Access,Ocean Access
View Y/N Yes
View Ocean,Peek-A-Boo
Accessibility Low Pile Carpet
Parking Type Door-Single,Garage,Garage Faces Rear,Tandem
Total Parking Spaces 4
Private Pool No
Building
Lot Description Level,Paved
Story 2
Entry Level Two
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Traditional
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 42302205
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Standard