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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.
Property Type(s):
Single Family
| Last Updated | 9/30/2025 | Tract | Balboa Peninsula (Residential) (BALP) |
|---|---|---|---|
| Year Built | 2020 | Community | N8 - West Newport - Lido |
| Garage Spaces | 2.0 | County | Orange |
Additional Details
| AIR | Electric, Zoned |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Built-In Range, Dishwasher, Disposal, Gas Range, Microwave, Range Hood, Refrigerator, Tankless Water Heater, Vented Exhaust Fan |
| AREA | N8 - West Newport - Lido |
| GARAGE | Attached Garage, Yes |
| HEAT | Forced Air |
| INTERIOR | Built-in Features, Ceiling Fan(s), Granite Counters, Recessed Lighting, Stone Counters, Walk-In Closet(s) |
| LOT | 2352 sq ft |
| PARKING | Attached, Attached Carport, Carport, Direct Access, Garage, Garage Faces Rear |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 3+ |
| STYLE | Contemporary |
| SUBDIVISION | Balboa Peninsula (Residential) (BALP) |
| UTILITIES | Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | City Lights, Mountain(s) |
| WATER | Public |
Location
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Listed with Surterre Properties Inc.
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