MLS® ID: PW19175489
1320 W Balboa Boulevard
Newport Beach, California, 92661 $2,490,000
Great opportunity to own NEWLY RENOVATED FURNISHED TURNKEY conditioned TWO BEACH HOMES in A lot in the heart of the Balboa Peninsula! Priced to sell! Hurry, it won't last! Currently operating as a Vacation Rentals with active short term rental permit in the city. Situated just steps away from the beach, bay, world renown surf spot "The Point", "Balboa Pier", Play ground, bike trail and many more beach entertainments. The property consists of two DETACHED buildings with a spacious patio in between. Front building consists of approximately 1020 sf. one story unit with 3BR/2BA, porch, private side patio, laundry room is INSIDE of the unit. Top unit of the Rear Building has a brand new 505 sq. ROOF TOP DECK w/ beautifully FURNISHED 802 sf. 3BR/2BA and rear balcony, and bottom unit has 168 sf. 1BR/1BA, and laundry in the garage. Each units have their own private patios, laundry and parkings. It offers total of 4 (FOUR) PARKING SPACES on the property, 386 sf. of 2 car garage and 2 carport spaces and plenty of the street parking spaces are available. It is a legal duplex in R-2 zone and it is a non conforming triplex--it can be used as three units. You can also live one unit and rent the other unit! Award Winning Newport Elementary School is right across the street. Brand new LG wall mounted A/Cs+Heaters are installed in EVERY rooms. Furniture, appliances, accessories to be sold separately. Buyer to cooperate with seller's 1031 exchange at no cost to buyer.