REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Wed

Feb

Thu

Feb

Fri

Feb

Diego Magdaleno

diego@1visionproperties.com +1(714) 376-8652

$3,495,000

Est. payment - /mo

2,613 Sqft Lot

Save

UPDATED:

02/22/2025 12:43 AM

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active Under Contract

Purchase Type For Sale

Subdivision Balboa Peninsula (Residential) (Balp)

MLS Listing ID NP24234889

HOA Y/N No

Year Built 1980

Lot Size 2,613 Sqft

Property Sub-Type Duplex

Property Description

2 ACTIVE SHORT TERM LODGING PERMITS- Presenting a rare investment opportunity on Newport Beach's Balboa Peninsula, this stylish duplex offers both versatility and value, featuring two coveted short-term lodging permits, one for each unit—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.

Location

State CA

County Orange

Area Np - Balboa Peninsula

Interior

Interior Features Beamed Ceilings, Balcony, Ceiling Fan(s), High Ceilings, Storage

Heating Fireplace(s)

Cooling None

Flooring Carpet, Tile

Fireplaces Type Living Room

Fireplace Yes

Appliance Electric Range, Microwave

Laundry Laundry Closet

Exterior

Parking Features Door-Single, Garage, Garage Faces Rear, Tandem

Garage Spaces 4.0

Garage Description 4.0

Fence Stucco Wall, Vinyl

Pool None

Community Features Sidewalks

Waterfront Description Beach Access,Ocean Access

View Y/N Yes

View Ocean, Peek-A-Boo

Accessibility Low Pile Carpet

Total Parking Spaces 4

Private Pool No

Building

Lot Description Level, Paved

Story 2

Entry Level Two

Foundation Slab

Sewer Public Sewer

Water Public

Architectural Style Traditional

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 42302205

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Read Less Info

Listed by Carter Weir • Berkshire Hathaway Homeservice • 949-795-2222

Have questions about this property, other properties, or thinking of selling a similar one? We’re here to help. Simply complete the GET MORE INFORMATION form, and we’ll be in touch shortly!

+1(714) 681-1222

info@1visionproperties.com

GET MORE INFORMATION

QUICK SEARCH

122 44th ST Newport Beach, CA 92663