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$ 3,250,000
Est. payment | /mo
5 Beds
1,903 SqFt
$ 3,250,000
Est. payment | /mo
5 Beds
1,903 SqFt
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 1,903 sqft
Price per Sqft $1,707
MLS Listing ID CRNP24234889
Bedrooms 5
HOA Y/N No
Year Built 1980
Lot Size 2,614 Sqft
Acres 0.06
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 Listing
Interior
Heating Fireplace(s)
Cooling No Air Conditioning
Flooring Carpet, Tile
Fireplace No
Laundry Laundry Closet
Exterior
Exterior Feature Other
View Y/N true
View Other, Ocean
Handicap Access Other
Total Parking Spaces 4
Building
Lot Description Level, Paved
New Construction No
Others
Tax ID 42302205
© 2024 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Carter Weir • Berkshire Hathaway Homeservice
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Kenneth Jamaca
Managing Broker | REALTOR | License ID: 02080040
+1(925) 413-1849 | kenneth@jcastlegroup.com