Legal nonconforming triplex with active short-term rental permits, located just steps from the sand. This rare coastal investment offers a desirable unit mix consisting of one 2-bedroom/1-bath residence and two 1-bedroom/1-bath residences, each equipped with its own in-unit washer and dryer. All units have been tastefully upgraded with new kitchens, bathrooms, flooring, plumbing, and roof, making them truly turnkey for continued rental use or as a personal coastal retreat. Parking includes a one-car garage plus two additional off-street spaces. With no streets to cross to access the beach, and the pier, park, and bay just one block away, this property delivers exceptional walkability and lifestyle appeal. Square footage varies by source: City records list 1,544 sq ft, appraisal reflects 1,887 sq ft, and county tax records indicate 1,366 sq ft; buyer to verify.
Balboa Peninsula (Residential) (BALP)
Electricity Connected, Natural Gas Connected, Sewer Connected
Neighborhood, Ocean, Peek-A-Boo
Ceiling Fan(s), Furnished, Granite Counters, Storage, Bedroom on Main Level
Dishwasher, Electric Range, Gas Range, Microwave, Refrigerator, Tankless Water Heater, Dryer, Washer
Level, Rectangular Lot, Street Level
Wayne Smith, Corona Del Mar Properties Inc.
Based on information from California Regional Multiple Listing Service, Inc. as of January 23rd, 2026 at 5:55pm 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.