Property
Beds
8
Full Baths
5
1/2 Baths
2
Year Built
2020
Sq.Footage
3,500
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 you’re looking to invest, 1031 exchange, or eventually 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 house Additional features include AC & heat, 4-car parking (2-car garage + 2-car carport), and very nice finishes throughout Just 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 today and buy later—this is a Newport Beach opportunity you don’t want to miss.
Features & Amenities
Interior
-
Other Interior Features
Built-in Features, Ceiling Fan(s), Granite Counters, Stone Counters, Recessed Lighting, Walk-In Closet(s)
-
Total Bedrooms
8
-
Bathrooms
5
-
1/2 Bathrooms
2
-
Cooling YN
YES
-
Cooling
Electric, Zoned
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Forced Air
-
Pet friendly
N/A
Exterior
-
Garage
Yes
-
Garage spaces
2
-
Parking
Attached, Attached Carport, Carport, Direct Access, Garage, Garage Faces Rear
-
Pool
Yes
-
Pool Features
None
-
View
City Lights, Mountain(s)
Area & Lot
-
Lot Size(acres)
0.054
-
Property Type
Residential
-
Property Sub Type
Duplex
-
Architectural Style
Contemporary
Price
-
Sales Price
$4,400,000
-
Sq. Footage
3, 500
-
Price/SqFt
$1,257
HOA
-
Association
NO
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
2
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Tax Lot
17
-
Water Source
Public
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Location
County
Orange
Elementary School
Middle School
High School
Listing Courtesy of Chris Moreno , Surterre Properties Inc.
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