122 44th Street, Newport Beach, CA 92663 - MLS#NP24234889

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Nicole Hazelton

[email protected] +1(619) 206-1892

$3,250,000

Est. payment - /mo

5 Beds

4 Baths

2,614 Sqft Lot

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UPDATED:

11/21/2024 05:14 AM

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID NP24234889

Bedrooms 5

HOA Y/N No

Lot Size 2,614 Sqft

Property Description

Presenting a rare investment opportunity on Newport Beachs Balboa Peninsula, this stylish duplex offers both versatility and value, featuring a coveted short-term lodging permit for both unitsa 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 units 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 charmperfect for a primary residence, vacation retreat, or rental income opportunity in one of Southern Californias most desirable beachfront communities.
Presenting a rare investment opportunity on Newport Beachs Balboa Peninsula, this stylish duplex offers both versatility and value, featuring a coveted short-term lodging permit for both unitsa 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 units 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 charmperfect for a primary residence, vacation retreat, or rental income opportunity in one of Southern Californias most desirable beachfront communities.

Location

State CA

County Orange

Area Oc - Newport Beach (92663)

Zoning Assessor

Interior

Appliance Fireplace

Building

Lot Description Sidewalks

Story 2

Lot Size Range 1-3999 SF

Level or Stories 2 Story

Others

Monthly Total Fees $44

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Listed by Berkshire Hathaway Homeservice

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Nicole Hazelton

+1(619) 206-1892

Broker Associate | License ID: 01819363

Broker Associate License ID: 01819363

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