217 E Balboa Boulevard, Newport Beach, CA 92661 (MLS # PW25145412)

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PRICE $2,995,000 dsIDX morgage calculator
BEDS 0
BATHS 0
HOME SIZE 1,808 sqft
LOT SIZE 2,614 sqft

2 units one house off the sand with a peek a boo view of the ocean. These 2 units (upper and lower) are licensed short-term rentals with the city of Newport Beach. Located 2 blocks from the ferry and one block from the pier, and walking distance to the fun zone! It doesn't get much better just off the sand. Occupy one and rent the other, or enjoy the income from short-term rental. The lower unit has an outdoor front patio and a 2-car garage off the alley behind the unit. The upper unit has a large front deck and a rear deck with a peak a boo view of the ocean and a 1-car garage. Both units feature a living room, dining area, open kitchen, and two large bedrooms with a full bath and shower. There is a common laundry room with a washer and dryer that are included. As a short-term rental, these units come fully furnished with all the essentials, including TVs, bedding, kitchenware, and more. You can move right in or keep it as an investment opportunity that only Newport Beach can offer. The city is no longer issuing short-term rental permits, so this is your opportunity to assume the existing permits. The schools are among the most distinguished in the county, and the weather cannot be beat!

DAYS ON MARKET 11 LAST UPDATED 7/3/2025
TRACT Balboa Peninsula (Residential) (BALP) YEAR BUILT 1956
COMMUNITY NP - Balboa Peninsula GARAGE SPACES 3.0
COUNTY Orange STATUS Active
PROPERTY TYPE(S) Residential Income


ADDITIONAL DETAILS
AIR None
APPLIANCES Dishwasher, Disposal, Dryer, Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator, Washer
AREA NP - Balboa Peninsula
CONSTRUCTION Wood Siding
EXTERIOR Balcony
GARAGE Yes
HEAT Wall Furnace
INTERIOR Ceiling Fan(s), Open Floorplan
LOT 2614 sq ft
LOT DESCRIPTION Rectangular Lot
PARKING Garage, Garage Door Opener, Garage Faces Rear, Side By Side
POOL DESCRIPTION None
SEWER Public Sewer
STORIES 2
STYLE Traditional
SUBDIVISION Balboa Peninsula (Residential) (BALP)
UTILITIES Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
VIEW Yes
VIEW DESCRIPTION Ocean
WATER Public
WATERFRONT DESCRIPTION Beach Access
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Listed with Ricci Realty

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