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A unique investment opportunity awaits with this rare duplex (R2 zoning), located just five houses from the beach on the Balboa Peninsula.Imagine the possibilities for this property, which offers peek-a-boo ocean views and unlimited potential with the help of your architect and designer. Currently configured as two units, the lower level features two bedrooms, one bath, and a large front patio perfect for entertaining. The back upper unit is a remodeled studio, updated approximately six years ago.On-site laundry is located in the garage, which also provides parking for two cars.Consider remodeling both units to take advantage of the high-demand ocean-close rental market, or convert the property into a single-family home with an attached ADU.The building qualifies for short term permit for vacation rental income. Contact the city for further information.
Property Type(s):
Multi Family
| Last Updated | 4/23/2025 | Tract | West Newport Beach (WSNB) |
|---|---|---|---|
| Year Built | 1954 | Community | West Newport - Lido |
| Garage Spaces | 2.0 | County | Orange |
SCHOOLS
| School District | Newport Mesa Unified |
|---|
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | West Newport - Lido |
| GARAGE | Door-Single, Garage, Garage Faces Rear, Yes |
| HEAT | Central |
| HOA DUES | 0 |
| INTERIOR | Bedroom on Main Level, Cathedral Ceiling(s), Eat-in Kitchen, High Ceilings, Unfurnished |
| LOT | 2090 sq ft |
| LOT DESCRIPTION | 0-1 Unit/Acre |
| PARKING | Door-Single,Garage,Garage Faces Rear |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| STYLE | Bungalow |
| SUBDIVISION | West Newport Beach (WSNB) |
| UTILITIES | Cable Connected,Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | Ocean |
| WATER | Public |
Location
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Listed with C & I Commercial Brokerage
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