CA > Newport Beach
Newport Beach, CA 92661,1320 W Balboa Boulevard
Newport Beach, CA 92661,1320 W Balboa Boulevard
Newport Beach, CA 92661,1320 W Balboa Boulevard
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Altie Schmitt

Altie Schmitt

+1(925) 528-8000
Listed by Tyler Brown • Compass
$3,850,000
Est. payment /mo
7 Beds
5 Baths
2,371 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Duet

Listing Status Active

Purchase Type For Sale

Square Footage 2,371 sqft

Price per Sqft $1,623

MLS Listing ID CRNP25108122

Bedrooms 7

Full Baths 5

HOA Y/N No

Year Built 1955

Lot Size 3,049 Sqft

Property Sub-Type Duet

Source Datashare California Regional

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

Interior

Cooling Ceiling Fan(s), Wall/Window Unit(s), Other

Flooring Vinyl

Fireplaces Type None

Fireplace No

Window Features Double Pane Windows

Appliance Dishwasher, Gas Range, Microwave, Refrigerator, Gas Water Heater, Tankless Water Heater

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

Exterior

Garage Spaces 2.0

Pool None

View Other, Ocean

Handicap Access None

Private Pool false

Building

Lot Description Street Light(s), Storm Drain

Foundation Slab

Water Public

Architectural Style Bungalow

Schools

School District Newport-Mesa Unified

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Altie Schmitt

Altie Schmitt

+1(925) 528-8000

Partner at Village Associates | License ID: 00924672

Partner at Village Associates License ID: 00924672

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