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1320 West Balboa Boulevard, Newport Beach, CA 92661

$4.00M7bd · 5ba · 2,371 sqft
Lot 3,049 sqft•Duplex•
Active
•168d on market•MLS# NP-25108122

Property Description

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.

Features & Amenities

FeeBuilt 1955

Property Details

Land Type
Fee
Year Built
1955
Property Type
Residential
Property Subtype
Duplex
Parking Spaces
4
Garage Spaces
2
Heating
Ductless
Cooling
Ductless, Wall/Window Unit(s)
View
Coastline, Ocean, Peek-A-Boo
Flooring
Vinyl
Roof
Composition
City
Newport Beach
Zip Code
92661
County
Orange
Listed bySerhant California, Inc, Tyler Brown

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$20,225.17
Principal & Interest
Loan Amount
$3,199,840
Total Interest
$4,081,220
Total Payment Over 30 Years
$7,281,060
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Luxury Tier · 5 active · 5 closed

1320 West Balboa Boulevard, Newport Beach, CA 92661

Newport Beach · Duplex

$4.00M
Luxury Tier
Beds
7
Baths
5
Sqft
2,371
Lot
3,049 sqft
Year
1955
$/Sqft
$1687
Pool: No✓
Spa: No✓
View: Coastline, Ocean, Peek-A-Boo✓
Garage: 2-car✓

Listed 5.5% above the median closed sale of $3,793,000. Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $4.00M· $1,687/sqft
Total list price
Closed comps
vs closed median $3.79M
+$207K (+5.5%)
Active comps
vs active median $4.05M
−$50K (−1.2%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $1,851
−$164 (−8.9%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
1527 BalboaNewport Beach1946532,0002,561$1,998$4.00M8078
4802 Neptune AveNewport Beach1962642,3043,358$1,758$4.05M8171
126 45th StreetNewport Beach1965542,3202,614$1,808$4.20M3271
4704 Seashore DriveNewport Beach1963632,8903,049$1,555$4.50M8165
121 Marine AvenueNewport Beach1932331,6332,614$2,137$3.49M4760
Total: 5 · Average5.03.42,229.42,839.2$1,851.2$4.04M64.2
Median2,304$4.05M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
137 TopazNewport Beach194606/04/2026542,5452,614$3.79M$3.83M$1,5071.013672
224 AmethystNewport Beach196709/29/2026552,8052,614$4.15M$3.74M$1,3320.9017069
211 PearlNewport Beach198111/14/2025442,4222,550$3.79M$3.79M$1,5661.002469
117 Marine AvenueNewport Beach194012/12/2025552,2792,614$4.50M$4.45M$1,9530.991169
210 OpalNewport Beach193510/29/2026532,0242,614$3.75M$3.75M$1,8531.006666
Total: 5 · Average4.84.22,4152,601.2$3.91M$3.91M$1,642.2—61.4
Median2,422$3.79M$3.79M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.