700 E Oceanfront Newport Beach, CA 92661

This updated duplex is located in the heart of the Balboa Peninsula, steps away from the sand and ocean on the boardwalk. Its corner location provides ample sunlight and ocean breezes. The property is within walking distance of the Balboa Fun Zone, offering activities and ferry service to Balboa Island and Catalina. The lower unit, a remodeled one-bedroom, one-bathroom space, features indoor laundry, an open living area, an upgraded kitchen with quartz composite countertops and a breakfast bar, and an oversized deck. The upstairs unit is also newly remodeled and includes a kitchen with an island and wine fridge, three bedrooms (the primary bedroom has its own kitchenette), and two bathrooms. The living room offers views of the ocean and Balboa Pier. The property has been professionally managed and maintained, with features including new air conditioning installed in 2023, a new roof, and double-paned windows. An oversized garage can accommodate up to four cars. The property has two Short Term Lodging permits and a proven track record with excellent reviews from former guests, presenting an income potential.