520 W Balboa Boulevard, Newport Beach, CA 92661

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List Price
$3,200,000
Status
ACTIVE
MLS#
NP26243551
Year Built
1976
Lot Size
2,800
Acres
0.06
Lot Location
Rectangular Lot
Days on Market
1
Property Type
Multifamily
Property Sub Type
Duplex
Stories
Multi Level
Neighborhood
Balboa Peninsula (Residential) (Balp)

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.

Additional Information

Appliances
Disposal
Pool Description
None
Fireplace Description
Living Room
Heat
Forced Air
Cooling
Yes
Cooling Description
Central Air
View
Catalina, City Lights, Coastline, Ocean, Water
Exterior Construction
Stucco
Roof
Flat
Garage Spaces Total
3
Sewer
Public Sewer
Water
Public
Interior Features
Ceiling Fan(s), Granite Counters, High Ceilings
Attached Structure
Detached
Number Of Units Total
2

Listing courtesy of Listing Agent: Arthur Dorr (artie@gobalboa.com) from Listing Office: Balboa Realty.

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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.