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Gary Hansen
Gary Hansen
(949) 228-1440gary@garyhansenrealestate.com
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  • Gary Hansen
    30190 Town Center Drive Ste D
    Laguna Niguel, CA 92677
    (949) 228-1440
    Gary@garyhansenrealestate.com

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    California Regional Multiple Listing Service

    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 the most recent time synced 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

    $3,850,000
    For Sale

    1320 W Balboa Boulevard

    Newport Beach, CA 92661
    2371 sqft | 7 beds | 5 baths | 0.07 acres | #NP25108122
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    Listing OfficeCompass
    Type:Purchase
    Structure:Townhouse
    Zone:Residential

    Description

    Investor Opportunity: Turnkey Duplex on Newport Beach's Balboa Peninsula<br />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.<br />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.<br />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.<br />Seize the chance to own a premium, high-performing rental property in Newport Beach.

    • Property Details
        • Utility FeaturesCableConnected, ElectricityConnected, NaturalGasConnected, PhoneConnected, SewerConnected, WaterConnected
        • InteriorBreakfastBar, CeilingFans, GraniteCounters, HighCeilings, RecessedLighting
        • SubdivisionBalboa Peninsula (Residential) (BALP)
        • ViewCoastline, Ocean, PeekABoo
        • School DistrictNewport Mesa Unified
        • Lot DescriptionTwoToFiveUnitsAcre
        • High SchoolNewport Harbor
        • Sewer InformationPublicSewer
        • Original List Price$3,850,000
        • MLS #NP25108122
        • MLS #NP25108122
        • Property TypePurchase
        • Exterior MaterialsAwnings
        • Elementary SchoolNewport
        • Cost3850000
        • Utility SourcePublic
        • Middle SchoolEnsign
        • CountyOrange
        • Property SubtypeDuplex
        • Structure TypeDuplex
        • Acres0.07
        • Square Feet2371
        • Year Built1955
        • FoundationSlab
        • Bedrooms7
        • Bathrooms5
        • Full Baths5
        • Stories2
        • Parking Spaces2

    Location

    Legal

    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 the most recent time synced 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

    Last Updated: Today at 1:53 PM. Source: CRMLS

    Provided By
    Listing Agent: Tyler Brown (#NP60807)
    Listing Office: Compass (#NP60725)

    Gary HansenReal Estate Group
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