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Investor opportunity in one of Newport Beach's most desirable coastal neighborhoods. Located just across the street from the beach and Newport Elementary, 1320 W Balboa offers a rare chance to own a remodeled, income-producing duplex in the heart of the Balboa Peninsula. With close proximity to the bay, the boardwalk, and countless local attractions, this property blends flexible use with exceptional walkability. Each of the two spacious units includes three bedrooms and two bathrooms, upgraded kitchens, recessed lighting, and individual HVAC systems. A separate one-bedroom, one-bath bonus suite in the rear unit adds further flexibility for guest use, owner stays, or additional rental income. Both buildings are equipped with their own dedicated laundry, and the property offers generous parking with a two-car attached garage plus a two-car tandem carport"”an invaluable asset on the Peninsula. Multiple outdoor areas, including three open patios and a rooftop deck, create inviting spaces for relaxing or entertaining. With two active short-term lodging permits and a solid history of rental income, 1320 W Balboa presents a unique opportunity for investors or owner-users seeking a high-performing asset in a premier beachside location.
Property Type(s):
Single Family
| Last Updated | 10/13/2025 | Tract | Balboa Peninsula (Residential) (BALP) |
|---|---|---|---|
| Year Built | 1955 | Community | NP - Balboa Peninsula |
| Garage Spaces | 2.0 | County | Orange |
SCHOOLS
| Elementary School | Newport |
|---|---|
| Jr. High School | Ensign |
| High School | Newport Harbor |
Additional Details
| AIR | Ductless, Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Disposal, Freezer, Gas Oven, Gas Range, Gas Water Heater, Microwave, Range Hood, Refrigerator, Tankless Water Heater, Vented Exhaust Fan, Washer/Dryer Stacked, Water Heater |
| AREA | NP - Balboa Peninsula |
| EXTERIOR | Awning(s) |
| GARAGE | Attached Garage, Yes |
| HEAT | Ductless |
| INTERIOR | Breakfast Bar, Ceiling Fan(s), Granite Counters, High Ceilings, Recessed Lighting |
| LOT | 3049 sq ft |
| PARKING | Attached, Attached Carport, Carport, Garage, Garage Faces Rear |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | Split/Multi Level |
| STYLE | Bungalow |
| SUBDIVISION | Balboa Peninsula (Residential) (BALP) |
| UTILITIES | Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | Ocean |
| WATER | Public |
Location
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The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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