Address: |
view address Newport Beach, CA 92661 Map Location |
Features: | Garage, Multi-level |
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Bedrooms: | 7 | Bathrooms: | 5 (full: 5) |
Square Feet: | 2,371 sq.ft. | Lot Size: | 3049.0 |
Year Built: | 1955 | Styles: | Bungalow |
Views: | Ocean | Property Type: | Duplex |
Neighborhood: | Balboa Peninsula (Residential) (BALP) | County: | Orange |
List Date: | 2024-09-24 | Listing Number: | NP24198991 |
Listed By: | Compass | Listing Office: | 949-220-4409 |
Days on market: | 2 |
Investor Opportunity: Turnkey Duplex on Newport Beach's Balboa Peninsula Introducing a fully remodeled, income-producing duplex in the heart of Newport Beach's prestigious Balboa Peninsula. This turnkey property offers a rare investment opportunity with a proven history of strong short-term rental income. Each of the two units features three bedrooms, two bathrooms, upgraded kitchens, recessed lighting, and individual HVAC systems-ideal for maximizing guest comfort and rental appeal. The property includes a versatile one-bedroom, one-bath bonus suite in the rear unit, as well as dedicated laundry facilities for each unit, adding flexibility and convenience for long- or short-term stays. Outdoor spaces are abundant, with three open patios and a rooftop deck perfect for entertaining and capturing California's coastal lifestyle. Operating with two highly sought-after short-term lodging permits, this duplex has consistently generated impressive rental income. The prime location offers immediate access to both the bay and the beach, ensuring strong demand from vacationers. With ample parking and proximity to world-class beaches, shopping, and dining, this property is an investor's dream. Seize the chance to own a premium, high-performing rental property in Newport Beach. Contact us today to schedule a showing!
Appliances: | Microwave, Tankless Water Heater, Disposal, Dishwasher, Freezer, Gas Water Heater, Water Heater, Gas Oven, Vented Exhaust Fan, Gas Range, Range Hood, Refrigerator |
Fireplace features: | None | Flooring: | Vinyl |
Laundry Features: | Gas Dryer Hookup, In Garage, Laundry Closet | Laundry: | Yes |
Window Features: | Insulated Windows, Double Pane Windows | Interior Features: | Ceiling Fan(s), Granite Counters, High Ceilings, Recessed Lighting, Breakfast Bar |
Cooling features: | Ceiling Fan(s), Wall/Window Unit(s), Ductless | Heating features: | Ductless |
Heating: | Yes |
Foundation details: | Slab | Roof: | Composition |
Style: | Bungalow |
Pool Features: | None | Spa Features: | None |
Spa: | Yes |
Parking features: | Attached, Carport, Attached Carport, Garage Faces Rear, Garage | Garage spaces: | 2 |
Attached Garage: | Yes |
Fencing: | Wood | Exterior features: | Awning(s) |
Patio and Porch features: | Deck, Front Porch, Patio |
Community Features: | Suburban, Sidewalks, Street Lights |
Views: | Ocean | Has View: | Yes |
Sewer: | Public Sewer |
Special Listing Conditions: | Standard |
Year Built: | 1955 | Levels: | Multi/Split |
Stories: | 2 |
Lot Dimensions: | 3049.0 |
Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
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Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
|
Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.