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 share dedicated on site 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.
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 share dedicated on site 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 Details
Price:
$3,999,800
MLS #:
NP25108122
Status:
Active
Beds:
7
Baths:
5
Type:
Single Family
Subtype:
Duplex
Subdivision:
Balboa Peninsula Residential BALP
Neighborhood:
npbalboapeninsula
Listed Date:
Sep 9, 2026
Finished Sq Ft:
2,371
Lot Size:
3,049 sqft / 0.07 acres (approx)
Year Built:
1955
See this Listing
Schools
School District:
Newport Mesa Unified
Elementary School:
Newport
Middle School:
Ensign
High School:
Newport Harbor
Interior
Appliances
Water Heater, Disposal, Microwave, Refrigerator, Gas Water Heater, Tankless Water Heater, Vented Exhaust Fan, Range Hood, Gas Range, High Efficiency Water Heater, Freezer, Gas Oven, Dishwasher
Bathrooms
5 Full Bathrooms
Cooling
Wall/Window Unit(s), Ductless
Flooring
Vinyl
Heating
Ductless
Interior Features
High Ceilings, Ceiling Fan(s), Recessed Lighting, Granite Counters
Laundry Features
Gas Dryer Hookup, In Garage, Laundry Closet, Stackable
Levels
Multi/Split
Main Level Bathrooms
3
Main Level Bedrooms
4
Exterior
Accessibility Features
None
Architectural Style
Bungalow
Attached Garage YN
1
Common Walls
No Common Walls
Community Features
Street Lights, Storm Drains, Sidewalks, Suburban
Construction Materials
Drywall Walls
Covered Spaces
4
Exterior Features
Awning(s)
Fencing
Wood
Garage Spaces
2
Lot Features
2-5 Units/Acre
Parking Features
Garage, Carport, Garage Faces Rear, Attached Carport
Parking Spots
4
Parking Total
4
Patio And Porch Features
Front Porch, Patio, Roof Top, Deck
Roof
Composition
Spa Features
None
Stories
2
View
Coastline, Ocean, Peek-A-Boo
Waterfront Features
Across the Road from Lake/Ocean
Window Features
Double Pane Windows, Insulated Windows
Financial
Map
Community
- Address1320 W Balboa Boulevard Newport Beach CA
- SubdivisionBalboa Peninsula (Residential) (BALP)
- CityNewport Beach
- CountyOrange
- Zip Code92661
Subdivisions in Newport Beach
- Back Bay Custom Homes BBCS
- Balboa Coves BLCV
- Balboa Island – Collins Island BALC
- Balboa Island – Little Island BALL
- Balboa Island – Main Island BALM
- Balboa Peninsula Point BLPP
- Balboa Peninsula Residential BALP
- Baycrest North BCNO
- Baycrest South BCSO
- Bayridge BRID
- Bayshores BSHR
- Bayside Village BAYV
- Bayview Terrace BVTR
- Beacon Bay BEAC
- Belcourt Hill BLHL
- Belcourt Terrace BLTR
- Big Canyon Broadmoor BCBM
- Big Canyon Custom BCCS
- Big Canyon Deane BCDN
- Big Canyon McLain BCMC
- Bluffs Original BORI
- Bluffs Plaza Area BOPL
- Bluffs Tennis Villas BNTV
- Bonnie Bay Highland Homes UBHH
- Cannery Village Mobile Park CVMP
- Castaways CAST
- Central Newport CNEW
- Cherry Lake Estates UBLE
- Cliffhaven CLIF
- Dover Shores “”100″” Series DSA1
- Dover Shores DSAM
- Eastbluff – Lusk EBLK
- Eastbluff – Macco EBMO
- Granville GRNV
- Harbor Cove Promenade HCPM
- Harbor Hill HARH
- Harbor Island “”Drive”” HIDC
- Harbor Island HARI
- Harbor Ridge Crest HRCR
- Harbor Ridge Custom HRCS
- Harbor Ridge Estates HRES
- Harbor View Homes HVHM
- Kings Road KGRD
- Lido Building #601 L601
- Lido Building #621 L621
- Lido Island LIDO
- Lido Peninsula LIPN
- Linda Isle LIND
- Madison BCYM
- Newport Crest NEWC
- Newport Heights NEWH
- Newport Island NEWI
- Newport North Townhomes NNTH
- Newport Shores NEWS
- Promontory Bay Custom PBCS
- Providence OFPV
- Santa Ana Heights Residential SAHR
- Sea Island – Lusk SILK
- Seaview SEAV
- Summer House OFSH
- Versailles VERS
- Villa Balboa VBAL
- Villa Point VILP
- Villa Siena VSEN
- West Newport Beach WSNB
- Westcliff East WCDE
- Westcliff West WCDW
Market Summary
Current real estate data for Single Family in Newport Beach as of Oct 21, 2026
216
Single Family Listed
100
Avg DOM
2,262
Avg $ / SqFt
$7,782,243
Avg List Price
Property Summary
- Located in the Balboa Peninsula (Residential) (BALP) subdivision, 1320 W Balboa Boulevard Newport Beach CA is a Single Family for sale in Newport Beach, CA, 92661. It is listed for $3,999,800 and features 7 beds, 5 baths, and has approximately 2,371 square feet of living space, and was originally constructed in 1955. The current price per square foot is $1,687. The average price per square foot for Single Family listings in Newport Beach is $2,262. The average listing price for Single Family in Newport Beach is $7,782,243.
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