$3,345,000
$3,495,000
4.3%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
SOLD DATE : 03/26/2025
Key Details
Sold Price $3,345,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
Subdivision Balboa Peninsula (Residential) (
MLS Listing ID NP24234889
Sold Date 03/26/25
Bedrooms 5
Property Sub-Type Res Income 2-4 Units
Property Description
2 ACTIVE SHORT TERM LODGING PERMITS- Presenting a rare investment opportunity on Newport Beachs Balboa Peninsula, this stylish duplex offers both versatility and value, featuring two coveted short-term lodging permits, one for each unita 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 units 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 charmperfect for a primary residence, vacation retreat, or rental income opportunity in one of Southern Californias most desirable beachfront communities.
Location
State CA
County Orange
Zoning Assessor
Direction PCH to Balboa Bvld, Turn right on 45th, Left on Seashore, Left on 44th, Property is on your right.
Interior
Heating Fireplace
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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