Asking Price: $2,750,000 | ​​​​​​​

Prime investment and redevelopment opportunity on the Balboa Peninsula in Newport Beach. This well-situated duplex features a front unit with 3 bedrooms and 2.5 bathrooms, and a rear unit with 2 bedrooms and 2.5 bathrooms, offering strong rental income potential with an established footprint. The property includes a 2-car garage and is within walking distance to the bay, world-class beaches, and the lifestyle amenities of the peninsula. With a flexible layout and desirable coastal location, this property presents potential for renovation, expansion, or redevelopment, making it an ideal choice for investors seeking both immediate cash flow and long-term upside in one of Southern California’s most sought-after neighborhoods.