213 33Rd St Newport Beach, CA 92663

Located steps from the sand on the Balboa Peninsula, this duplex presents a rare opportunity. Constructed in 1953, with an upstairs unit added in 1960, the property features two units, each containing two bedrooms and one bathroom with similar floor plans. This layout is suitable for investors or owner-occupants seeking rental income. The downstairs unit, approximately 737 square feet, is a standalone space without shared walls, providing privacy and a roughly 203 square foot patio with sidewalk access. The upstairs unit, approximately 616 square feet, sits above the large garage and includes a 254 square foot front deck with elevated views and natural light. Both units have copper plumbing, and the underground sewer line has been relined. The units will be delivered vacant, allowing the buyer to implement their vision. The property has a history of rental income, and the units are clean. A buyer can rent immediately to generate income while planning a future renovation, fully renovate both units, or explore converting the property to a single-family residence. The oversized 565 square foot two-car garage includes laundry hookups, and additional off-street parking accommodates a full-size SUV in front of the garage.