Description
Prime investment and redevelopment opportunity on the Balboa Peninsula in Newport Beach. This well-situated duplex features a front unit with 3 bedrooms and 2.5 bathrooms, and a rear unit with 2 bedrooms and 2.5 bathrooms, offering strong rental income potential with an established footprint. The property includes a 2-car garage and is within walking distance to the bay, world-class beaches, and the lifestyle amenities of the peninsula. With a flexible layout and desirable coastal location, this property presents potential for renovation, expansion, or redevelopment, making it an ideal choice for investors seeking both immediate cash flow and long-term upside in one of Southern Californias most sought-after neighborhoods.
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5BEDS
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0.07ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
Prime investment and redevelopment opportunity on the Balboa Peninsula in Newport Beach. This well-situated duplex features a front unit with 3 bedrooms and 2.5 bathrooms, and a rear unit with 2 bedrooms and 2.5 bathrooms, offering strong rental income potential with an established footprint. The property includes a 2-car garage and is within walking distance to the bay, world-class beaches, and the lifestyle amenities of the peninsula. With a flexible layout and desirable coastal location, this property presents potential for renovation, expansion, or redevelopment, making it an ideal choice for investors seeking both immediate cash flow and long-term upside in one of Southern Californias most sought-after neighborhoods.
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