Overview
- Duplex, Residential
- 7
- 5
- 2.0
- 1955
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.
Address
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Address: 1320 W Balboa Boulevard
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City: Newport Beach
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State/county: CA
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Zip/Postal Code: 92661
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Area: Balboa Peninsula (Residential) (BALP)
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Country: US
Details
Updated on June 29, 2026 at 10:44 pm-
Property ID NP25108122
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Price $3,850,000
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Land Area 0.07 Acres
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Bedrooms 7
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Bathrooms 5
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Garages 2.0
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Year Built 1955
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Property Type Duplex, Residential
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Property Status Active
Additional details
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Listing Terms Cash, Cash to New Loan, 1031 Exchange, Subject To Other
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Roof Composition
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Utilities Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
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Sewer Public Sewer
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Cooling Ductless, Wall/Window Unit(s)
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Heating Ductless
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Flooring Vinyl
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County Orange
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Property Type Residential
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Pool None
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Parking Attached Carport, Carport, Garage, Garage Faces Rear
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Elementary School Newport
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Middle School Ensign
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High School Newport Harbor
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Community Features Storm Drain(s), Street Lights, Suburban, Sidewalks
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Waterfront Across the Road from Lake/Ocean
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Architectural Style Bungalow
Features
- Across the Road from Lake/Ocean
- Awning(s)
- Bungalow
- Cable Connected,Electricity Connected,Natural Gas Connected,Phone Connected,Sewer Connected,Water Connected
- Composition
- Ductless
- Ductless,Wall/Window Unit(s)
- Ensign
- Newport
- Newport Harbor
- None
- Orange
- Public Sewer
- Residential
- Storm Drain(s),Street Lights,Suburban,Sidewalks
- Vinyl
Mortgage Calculator
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Down Payment
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Loan Amount
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Monthly Mortgage Payment
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Property Tax
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Home Insurance
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PMI
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Monthly HOA Fees