520 W Balboa BLVD, Newport Beach, CA 92661
520 W Balboa BLVD, Newport Beach, CA 92661
520 W Balboa BLVD, Newport Beach, CA 92661
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$3,200,000
Est. payment /mo
2,800 Sqft Lot
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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Subdivision Balboa Peninsula (Residential) (Balp)

MLS Listing ID NP26243551

Construction Status Fixer,Repairs Cosmetic

HOA Y/N No

Year Built 1976

Lot Size 2,800 Sqft

Property Sub-Type Duplex

Property Description

An exceptional opportunity to own a duplex in a prime corner location on Newport Beach's coveted Balboa Peninsula. Ideally situated approximately one block from the Pacific Ocean and public beach, as well as one block from Newport Harbor and the bay, this property places you right in the heart of the Newport Beach coastal lifestyle. Enjoy close proximity to the prestigious Newport Harbor Yacht Club and the shops, restaurants, and attractions of Balboa Village. With two spacious residences, desirable parking, and beautiful ocean views, the property presents an outstanding opportunity for an owner-user or investor alike.
The upper-level residence features 3 bedrooms, 2 bathrooms, and approximately 1,440 square feet of living space. Highlights include an open-concept floor plan, vaulted ceilings, hardwood floors, and a spacious living and dining area. The ocean-view primary bedroom and private balcony with a stone deck provide the perfect setting to take in the coastal surroundings. Additional amenities include interior laundry and a two-car garage.
The lower-level residence offers 2 bedrooms, 2 bathrooms, and approximately 1,024 square feet. This inviting unit features a fireplace, interior laundry, and a private ground-level stone patio deck, creating a wonderful extension of the living space. Parking includes a one-car garage and an additional partially covered carport space.
Whether you choose to live in one residence while generating rental income from the other, accommodate extended family, or maximize the property's investment potential, the possibilities are abundant. Ideally positioned between the ocean and the bay, and moments from some of Newport Beach's most beloved destinations, this is a rare opportunity to experience the very best of coastal living.

Location

State CA

County Orange

Area Np - Balboa Peninsula

Interior

Interior Features Ceiling Fan(s), Granite Counters, High Ceilings

Heating Forced Air

Cooling Central Air

Flooring Wood

Fireplaces Type Living Room

Fireplace Yes

Appliance Disposal

Laundry Inside

Exterior

Parking Features On Site, Private, Garage Faces Rear, See Remarks

Garage Spaces 3.0

Carport Spaces 1

Garage Description 3.0

Fence Wrought Iron

Pool None

Community Features Biking, Curbs, Storm Drain(s), Street Lights, Sidewalks, Urban, Water Sports, Fishing

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available

Waterfront Description Across the Road from Lake/Ocean,Beach Access,Ocean Access,Ocean Side Of Freeway,Ocean Side Of Highway

View Y/N Yes

View Catalina, City Lights, Coastline, Ocean, Water

Roof Type Flat

Accessibility Parking

Total Parking Spaces 4

Private Pool No

Building

Lot Description Rectangular Lot

Faces South

Story 2

Entry Level Multi/Split

Foundation Slab

Sewer Public Sewer

Water Public

Level or Stories Multi/Split

New Construction No

Construction Status Fixer,Repairs Cosmetic

Others

Senior Community No

Tax ID 04807114

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Acceptable Financing Cash, Cash to New Loan, Submit

Listing Terms Cash, Cash to New Loan, Submit

Special Listing Condition Standard


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Listed by Arthur Dorr Balboa Realty 9495009832, DRE #01899740

Nearby Locations

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Name

Name

Phone*

Phone

Message

Message
Richard King

+1(760) 515-7653

richking760@gmail.com

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