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$3,250,000
Est. payment /mo
2,614 Sqft Lot
UPDATED:
12/19/2024 09:24 PM
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Contingent
Purchase Type For Sale
MLS Listing ID CRNP24234889
Style Traditional
Originating Board California Regional MLS
Year Built 1980
Lot Size 2,614 Sqft
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 Np - Balboa Peninsula
Rooms
Kitchen Microwave, Oven Range - Electric
Interior
Heating Fireplace
Cooling None
Laundry In Closet
Exterior
Parking Features Garage
Garage Spaces 4.0
Pool 31, None
View Ocean, 30
Building
Lot Description Grade - Level, Paved
Foundation Concrete Slab
Water District - Public
Architectural Style Traditional
Others
Tax ID 42302205
Special Listing Condition Not Applicable , Accepting Backups
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Listed by Carter Weir • Berkshire Hathaway Homeservice
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Sharad Gupta
Broker | License ID: 02213637
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