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$ 5,995,000
Est. payment | /mo
5 Beds
3 Baths
3,598 Sqft Lot
$ 5,995,000
Est. payment | /mo
5 Beds
3 Baths
3,598 Sqft Lot
Open House
Sat Oct 31, 1:00pm - 3:30pm
Sun Nov 01, 1:00pm - 3:30pm
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
Subdivision Balboa Peninsula (Residential) (
MLS Listing ID PW26233559
Bedrooms 5
Lot Size 3,598 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Just three houses from the beach on Newport Beachs Balboa Peninsula, this beautifully renovated oceanview duplex combines quality, location and a proven rental track record. With two rare short-term rental permits and over $320,000 in seller-reported gross rental income in 2025, along with multiple weeks reserved for personal use, this is an incredible opportunity to own an established coastal investment in a highly desirable beachside setting. The first-floor residence features two bedrooms and one bathroom, while the second-floor residence offers three bedrooms and two bathrooms. Each has its own kitchen, living room and dining area, providing flexibility for vacation rentals, personal use or gathering family and friends with space and privacy. Bright interiors and tasteful renovations create a relaxed, welcoming atmosphere throughout both residences. Modern kitchens feature stainless steel appliances, wine refrigerators and islands with bar seating. Comfortable living and dining areas connect with inviting outdoor spaces, including an upper deck, a generous lower patio and an outdoor fire pit with built-in seating. From morning coffee to outdoor dining after a day at the beach, the property is designed to make the most of its coastal location. Two assigned parking spaces, one for each residence, make it easy to arrive, park and walk. The sand, surf and oceanfront boardwalk are close by, along with neighborhood restaurants, cafs and shopping. Enjoy bike rides along the Peninsula, dining near Newport Pier and exploring the boutiques and waterfront restaurants of nearby Lid
Location
State CA
County Orange
Zoning Public Rec
Direction 38th Street between Seashore Drive and Balboa Blvd.
Interior
Cooling Central Forced Air
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 42332212
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Lawrence Cech, DRE#02211873 Keller Williams Coastal Prop.
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