2 ACTIVE SHORT TERM LODGING PERMITS- Presenting a rare investment opportunity on Newport Beach’s Balboa Peninsula, this stylish duplex offers both versatility and value, featuring two coveted short-term lodging permits, one for each unit—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.
|
DAYS ON MARKET
|
123
|
LAST UPDATED
|
2/21/2025
|
|
TRACT
|
Balboa Peninsula (Residential) (BALP)
|
YEAR BUILT
|
1980
|
|
COMMUNITY
|
Balboa Peninsula
|
GARAGE SPACES
|
4.0
|
|
COUNTY
|
Orange
|
STATUS
|
Conditional
|
|
PROPERTY TYPE(S)
|
Residential Income
|
|
|
| AIR |
None |
| APPLIANCES |
Electric Range, Microwave |
| AREA |
Balboa Peninsula |
| FIREPLACE |
Yes |
| GARAGE |
Door-Single, Garage, Garage Faces Rear, Tandem, Yes |
| HEAT |
Fireplace(s) |
| HOA DUES |
0 |
| INTERIOR |
Balcony, Beamed Ceilings, Ceiling Fan(s), High Ceilings, Storage |
| LOT |
2614 sq ft |
| LOT DESCRIPTION |
Level, Paved |
| PARKING |
Door-Single,Garage,Garage Faces Rear,Tandem |
| POOL DESCRIPTION |
None |
| SEWER |
Public Sewer |
| STORIES |
2 |
| STYLE |
Traditional |
| SUBDIVISION |
Balboa Peninsula (Residential) (BALP) |
| VIEW |
Yes |
| VIEW DESCRIPTION |
Ocean,Peek-A-Boo |
| WATER |
Public |
| WATERFRONT |
Yes |
| WATERFRONT DESCRIPTION |
Beach Access,Ocean Access |
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Listed with Berkshire Hathaway Homeservice
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 3/18/25 5:50 AM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
This IDX solution is (c) Diverse Solutions 2025.
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