Description
Located at the top of the Balboa Peninsula, just steps from the sand, this duplex is fully furnished and comes with two vacation rental short-term permits and proven rental income history. Whether youre looking to invest, 1031 exchange, or move in, this property has so much to offer.This is the first property i have ever seen that was designed and built specifically for vacation rental.This property features two beautifully designed, turnkey units:Rear Unit: 5BR / 3.5BA " Private direct access from the 2-car garage, open-concept kitchen and living, large bonus/media room, and a rooftop deck with city and mountain views.Front Unit: 3BR / 2.5BA " A charming beachside retreat with a welcoming front porch on 32nd Street, perfect for indoor-outdoor living and entertaining. You can see the 32nd Street Lifeguard tower on the sand from the front of the houseAdditional features include AC & heat, 4-car parking (2-car garage + 2-car carport), and very nice finishes throughoutJust a short stroll to the beach, Lido Marina Village, the Bayfront, local boutiques, coffee shops, and top-tier dining. Fast access to PCH and nearby freeways.Whether you're an investor seeking immediate income and long-term appreciation, or a future homeowner wanting to lock in your dream home this is a Newport Beach opportunity you dont want to miss.
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8BEDS
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0.05ACRES
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5BATHS
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21/2 BATHS
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3,500SQFT
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$1,243$/SQFT
Description
Located at the top of the Balboa Peninsula, just steps from the sand, this duplex is fully furnished and comes with two vacation rental short-term permits and proven rental income history. Whether youre looking to invest, 1031 exchange, or move in, this property has so much to offer.This is the first property i have ever seen that was designed and built specifically for vacation rental.This property features two beautifully designed, turnkey units:Rear Unit: 5BR / 3.5BA " Private direct access from the 2-car garage, open-concept kitchen and living, large bonus/media room, and a rooftop deck with city and mountain views.Front Unit: 3BR / 2.5BA " A charming beachside retreat with a welcoming front porch on 32nd Street, perfect for indoor-outdoor living and entertaining. You can see the 32nd Street Lifeguard tower on the sand from the front of the houseAdditional features include AC & heat, 4-car parking (2-car garage + 2-car carport), and very nice finishes throughoutJust a short stroll to the beach, Lido Marina Village, the Bayfront, local boutiques, coffee shops, and top-tier dining. Fast access to PCH and nearby freeways.Whether you're an investor seeking immediate income and long-term appreciation, or a future homeowner wanting to lock in your dream home this is a Newport Beach opportunity you dont want to miss.
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-01-25T00:26:08.443. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Independent Broker Network. Licensed in the State of California, USA.