$4,050,000
6Beds4Baths2,304SqFt
4802 Neptune AveNewport Beach, CA 92663Balboa Peninsula (Residential)
1320 W Balboa Boulevard, Newport Beach, CA 92661
- 7 beds
- 5 baths
- 2,371 sq ft
- Built 1955
$3,999,800
Subdivision Balboa Peninsula (Residential)
7 duplexes sold in the past 12 months · median $6,600,000
The home
About 1320 W Balboa Boulevard
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.
Property details for 1320 W Balboa Boulevard
This 7-bedroom, 5-bath duplex sits in the Balboa Peninsula (Residential) neighborhood of Newport Beach in Orange County. It offers 2,371 square feet of living space and is listed at $3,999,800, about $1,687 per square foot. The home was built in 1955. The MLS record lists the assessor parcel number as 047-233-28. Highlights include peek-a-boo ocean and coastline views, an attached two-car garage, air conditioning, a turnkey home, and bungalow architecture. The detail sections on this page cover interior and exterior features, estimated taxes, HOA dues where they apply, and the map location.
Specifications
Home Details
At a glance
- Price
- $3,999,800
- Days On Site
- 500 Days
- Bedrooms
- 7
- Inside Area (SqFt)
- 2,371 sqft
- Total Baths
- 5
- Full Baths
- 5
- Partial Baths
- N/A
- Lot Size
- N/A
- Year Built
- 1955
- MLS® Number
- NP25108122
- Status
- Active
- Property Tax
- N/A
- HOA/Condo/Coop Fees
- N/A
- Sq Ft Source
- Assessor
General Features
- Property Type
- Duplex
- MLS Number
- NP25108122
- Year Built
- 1955
- Living Area (sq ft)
- 2,371
- Living Area Source
- Assessor
- Lot Size (sq ft)
- 3,049
- Lot Size (acres)
- 0.07
- Levels
- Multi Split
- Bedrooms
- 7
- Full Baths
- 5
- Garage Spaces
- 2
- Parking Spaces
- 4
- View
- Coastline, Ocean, Peek A Boo
- Parcel Number
- 04723328
- On Market Date
- 2025-05-15
- Listing Terms
- Standard
Interior Features
- Interior Features
- Breakfast Bar, Ceiling Fans, Granite Counters, High Ceilings, Recessed Lighting
- Appliances
- Dishwasher, Freezer, Disposal, Gas Oven, Gas Range, Gas Water Heater, High Efficiency Water Heater, Microwave, Refrigerator, Range Hood, Tankless Water Heater, Vented Exhaust Fan, Water Heater
- Flooring
- Vinyl
- Heating
- Ductless
- Cooling
- Ductless, Wall Window Units
- Fireplace
- None
- Laundry
- Gas Dryer Hookup, Laundry Closet, In Garage, Stacked
- Main Level Bedrooms
- 4
- Main Level Bathrooms
- 3
- Entry Level
- 1
- Common Walls
- No Common Walls
- Windows
- Double Pane Windows, Insulated Windows
- Doors
- Insulated Doors
- Accessibility
- None
- Rooms
- Living Room, Bathroom, Kitchen
Exterior Features
- Architectural Style
- Bungalow
- Exterior Features
- Awnings
- Roof
- Composition
- Construction
- Drywall
- Foundation
- Slab
- Lot Features
- Two To Five Units Acre
- Patio and Porch
- Deck, Front Porch, Patio, Rooftop
- Parking
- Attached Carport, Carport, Garage, Garage Faces Rear
- Fencing
- Wood
- Pool Features
- None
- Spa
- None
- Sewer
- Public Sewer
- Water
- Public
- Utilities
- Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
- Condition
- Turnkey
- Units
- 3
Community Features
- Subdivision
- Balboa Peninsula (Residential) (BALP)
- Community Features
- Storm Drains, Street Lights, Suburban, Sidewalks
The record
Property History for 1320 W Balboa Boulevard
| Date | Event | Price | Note |
|---|---|---|---|
| May 15, 2025 | Listed for sale | $3,850,000 | |
| Dec 27, 2017 | Sold | $1,560,000 | The Property Store, Inc |
Cost of ownership
Estimated monthly payment
6.95% · 30-yr fixed$
$30,096/mo
10% down · 30-year fixed · $399,980 down
Principal & interest$23,829
Mortgage insurance (est., over 80% LTV)$1,500
Property tax (est. 1.08%)$3,600
Home insurance (rough est., varies widely)$1,167
HOANot reported, not included
$25,948/mo
20% down · 30-year fixed · $799,960 down
Principal & interest$21,181
Property tax (est. 1.08%)$3,600
Home insurance (rough est., varies widely)$1,167
HOANot reported, not included
$23,301/mo
30% down · 30-year fixed · $1,199,940 down
Principal & interest$18,534
Property tax (est. 1.08%)$3,600
Home insurance (rough est., varies widely)$1,167
HOANot reported, not included
Estimated carrying cost
$4,767/mo
All cash · taxes and insurance only
Principal & interestNone (cash purchase)
Property tax (est. 1.08%)$3,600
Home insurance (rough est., varies widely)$1,167
HOANot reported, not included
Estimate only, not a loan offer or quote. Principal and interest use the Freddie Mac 30-year fixed average of 6.95% (week of Sep 17, 2026); your rate will differ. A loan this size is typically a jumbo loan, which prices differently. Tax and insurance are modelled, not billed amounts; tax uses a typical Newport Beach rate, excluding Mello-Roos. Verify all figures. Full assumptions and disclosures.
Next steps
Buying 1320 W Balboa Boulevard
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Selling near 1320 W Balboa Boulevard
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The neighborhood
About Newport Beach
Set along the Pacific in Orange County, Newport Beach surrounds Newport Harbor, where Balboa Island, Lido Isle, and the Balboa Peninsula frame one of California's largest recreational harbors. The city stretches from the Balboa and Newport piers to Corona del Mar and Fashion Island, within the Newport-Mesa Unified School District.
Balboa Peninsula (Residential) home sales, past 12 months
- Homes sold
- 7
- Median price
- $6,600,000
- Median days on market
- 12
- Median per sq ft
- $2,486
Recorded MLS closings of duplexes, Sep 20, 2025 to Sep 20, 2026. Days on market run from listing to going under contract.
Price per square foot against recent Balboa Peninsula (Residential) sales
At $1,687 per square foot, this home's asking price is 32% below the Balboa Peninsula (Residential) median of $2,486 for duplexes that closed in the past 12 months.
Recent Balboa Peninsula (Residential) sales
| Address | Closed | Price | Sq ft | Per sq ft | Days on market |
|---|---|---|---|---|---|
| 5901 Seashore Drive | Jul 31, 2026 | $9,500,000 | 3,185 | $2,983 | 40 |
| 213 33rd Street | May 28, 2026 | $2,616,000 | 1,451 | $1,803 | 7 |
| 1204 E Balboa Boulevard | Feb 5, 2026 | $6,600,000 | 2,516 | $2,623 | 183 |
| 4103 Seashore | Jan 8, 2026 | $9,200,000 | 2,724 | $3,377 | 31 |
| 4208 River | Dec 16, 2025 | $4,350,000 | 1,750 | $2,486 | 6 |
Schools
Schools for 1320 W Balboa Boulevard
As listed in the MLS record. Confirm attendance boundaries with the school district.
- Elementary
- Newport
- Middle
- Ensign
- High
- Newport Harbor
- District
- Newport Mesa Unified
Living in Newport Beach covers its schools, parks and beaches.
Location
Location
Photographs
Photos of 1320 W Balboa Boulevard, Newport Beach
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Listed by Tyler Brown of Serhant California, Inc
Listing information updated Sep 9, 2026 at 8:08 AM PT. Source: CRMLS.
This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.