Presenting a rare investment opportunity on Newport Beach’s Balboa Peninsula, this stylish duplex offers both versatility and value, featuring a coveted short-term lodging permit for both units—a sought-after asset. Located on the ocean side of Balboa Boulevard, this property provides quintessential coastal living with close access to the sand and surf. The lower unit, a charming 2-bedroom, 2-bath retreat, offers comfortable, perfect for beachside relaxation. Upstairs, the 3-bedroom, 2-bath unit boasts soaring, beamed ceilings, adding a sense of openness and architectural character. The upper unit’s inviting living room extends to a private deck where ocean views enhance the outdoor space, making it ideal for alfresco dining or sunset relaxation. A second private deck off the primary bedroom allows for a quiet escape, bathed in the ocean breeze. Completing the property is a spacious four-car garage, a rare convenience on the Peninsula, providing ample parking or storage for beach gear and more. This Balboa Peninsula duplex not only provides flexible living arrangements but also captures the essence of coastal charm—perfect for a primary residence, vacation retreat, or rental income opportunity in one of Southern California’s most desirable beachfront communities.
Property Details
Price:
$3,250,000
MLS #:
NP24234889
Status:
Active Under Contract
Baths:
0
Address:
122 44th Street
Type:
Residential Income
Subtype:
Duplex
Subdivision:
Balboa Peninsula Residential BALP
Neighborhood:
npbalboapeninsula
City:
Newport Beach
Listed Date:
Nov 9, 2024
State:
CA
ZIP:
92663
Lot Size:
2,614 sqft / 0.06 acres (approx)
Year Built:
1980
See this Listing
Mortgage Calculator
Schools
Interior
Accessibility Features
Low Pile Carpeting
Appliances
Electric Range, Microwave
Cooling
None
Fireplace Features
Living Room
Flooring
Carpet, Tile
Heating
Fireplace(s)
Interior Features
Balcony, Beamed Ceilings, Ceiling Fan(s), High Ceilings, Living Room Balcony, Storage
Exterior
Community Features
Sidewalks
Fencing
Stucco Wall, Vinyl
Foundation Details
Slab
Garage Spaces
4.00
Lot Features
Level, Paved
Parking Features
Garage, Garage Faces Rear, Garage – Single Door, Tandem Garage
Parking Spots
4.00
Pool Features
None
Sewer
Public Sewer
Spa Features
None
Stories Total
2
View
Ocean, Peek- A- Boo
Water Source
Public
Financial
Association Fee
0.00
Map
Community
- Address122 44th Street Newport Beach CA
- AreaNP – Balboa Peninsula
- SubdivisionBalboa Peninsula (Residential) (BALP)
- CityNewport Beach
- CountyOrange
- Zip Code92663
Similar Listings Nearby
- 114 Onyx Avenue
Newport Beach, CA$4,000,000
2.95 miles away
- 354 La Perle Lane
Costa Mesa, CA$3,950,000
1.24 miles away
- 203 8th St
Newport Beach, CA$3,895,000
1.90 miles away
- 432 Hamilton Street
Costa Mesa, CA$3,499,500
2.44 miles away
- 811 Alabama Street
Huntington Beach, CA$3,450,000
4.55 miles away
- 2474 Elden Avenue
Costa Mesa, CA$3,400,000
3.48 miles away
- 705 Iris Avenue
Corona del Mar, CA$3,375,000
4.12 miles away
- 5306 Neptune Avenue
Newport Beach, CA$3,250,000
0.41 miles away
- 1209 W Balboa Boulevard
Newport Beach, CA$3,100,000
1.59 miles away
Courtesy of Berkshire Hathaway Homeservice. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
122 44th Street
Newport Beach, CA
LIGHTBOX-IMAGES