A terrific opportunity to own a rarely available "Oceanaire" just steps from the sand on the Balboa Peninsula. Bring your imagination and architect/designer to this property with unlimited potential and peek-a-boo ocean views. Presently configured as two units the lower level has two bedrooms and one bath and an extra large front patio for entertaining. Upstairs, there is a three bedroom, one bath unit with a rear patio and a sunny front terrace. Laundry is on-site in a separate room with access from the side of the property. Parking is a three-car carport which could easily be converted into an enclosed garage. Remodel both units to capitalize on the ocean-close rental market, or convert to a Single Family with attached ADU. There are multiple options given the large lot size of 3289 sft. Surf, sand, terrific restaurants, and shops are all within easy walking distance of this prime Newport Beach location.

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.