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.
Balboa Peninsula (Residential) (BALP)
Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Attached Carport, Carport, Direct Access, Garage, Garage Faces Rear
Attached Carport, Carport, Direct Access, Garage, Garage Faces Rear
Built-in Features, Ceiling Fan(s), Furnished, Granite Counters, Stone Counters, Recessed Lighting, All Bedrooms Up, Galley Kitchen, Walk-In Closet(s)
Built-In Range, Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Range Hood, Tankless Water Heater, Vented Exhaust Fan
| Date | Details | Change |
|---|---|---|
| Price Reduced from $4,400,000 to $4,350,000 |
Chris Moreno, Surterre Properties Inc..
Based on information from California Regional Multiple Listing Service, Inc. as of November 19th, 2025 at 11:12am PST. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.