122 44th Street

Newport Beach, CA 92663
$3,250,000
0.06 acres | #NP24234889
Courtesy of Berkshire Hathaway Homeservice

Description

Presenting a rare investment opportunity on Newport Beach’s Balboa Peninsula, this stylish duplex offers both versatility and value, featuring a coveted short-term lodging permit for both units—a sought-after asset. Located on the ocean side of Balboa Boulevard, this property provides quintessential coastal living with close access to the sand and surf. The lower unit, a charming 2-bedroom, 2-bath retreat, offers comfortable, perfect for beachside relaxation. Upstairs, the 3-bedroom, 2-bath unit boasts soaring, beamed ceilings, adding a sense of openness and architectural character. The upper unit’s inviting living room extends to a private deck where ocean views enhance the outdoor space, making it ideal for alfresco dining or sunset relaxation. A second private deck off the primary bedroom allows for a quiet escape, bathed in the ocean breeze. Completing the property is a spacious four-car garage, a rare convenience on the Peninsula, providing ample parking or storage for beach gear and more. This Balboa Peninsula duplex not only provides flexible living arrangements but also captures the essence of coastal charm—perfect for a primary residence, vacation retreat,or rental income opportunity in one of Southern California’s most desirable beachfront communities.
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  • Property Details
      • Interior:BeamedCeilings, Balcony, CeilingFans, HighCeilings, Storage
      • View:Ocean, PeekABoo
      • Stories:2
      • Lot description:Level, Paved
      • Acres:0.06
      • Parking spaces:4
      • Property type:Multi-Family
      • Year built:1980
      • Foundation:Slab
      • Sewer information:PublicSewer
      • Utility source:Public
      • Subdivision:Balboa Peninsula (Residential) (BALP)
      • County:Orange
      • Original List Price:$3, 250, 000
      • MLS #:NP24234889
      • Cost:3250000
      • Property subtype:Duplex
      • MLS #:NP24234889

Location

The Alcantara GroupReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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