Compass
Listed by Compass
$2,750,000
920 W Balboa
Details
APN 04727320
Property Type Multifamily
Sub Type Apartment Building
Units 2
Buildings 1
Acreage 0.060
Zoning Assessor
Multifamily | 2 Units
Marketing description
Ideally situated on the coveted Peninsula of Newport Beach, this beautifully updated duplex presents a rare opportunity to own a prime coastal asset just moments from both the beach and the bay. Offering exceptional versatility, the property is equally compelling as a strategic investment or an owner-user residence with income potential. Each unit features 2 bedrooms and 2 bathrooms, thoughtfully renovated with elevated, contemporary finishes. Stone slab countertops, stainless steel appliances, and new flooring enhance the open-concept interiors, creating bright, airy living spaces designed for modern coastal living. The lower residence opens to an expansive private patio, delivering effortless indoor-outdoor flow ideal for entertaining or unwinding in the ocean breeze. Above, the upper unit is distinguished by dramatic bifold doors that fully retract to a generous second-story deck, seamlessly extending the living area and embodying the relaxed sophistication of Southern Californias beach lifestyle. Further elevating the opportunity, architectural plans have been submitted to the City to expand the property to approximately 3,500 square feet, with architectural and city fees already paid. Upon completion, the projected value is estimated to exceed $6,000,000offering meaningful upside and the advantage of securing a premier Peninsula location with future expansion already in progress. Located just moments from the sand, harbor, award-winning schools, and some of Newport Beachs most sought-after restaurants and boutique shops, the property combines lifestyle appeal with long
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Compass
Listed by Compass
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Zoning
R-2 ResidentialTwo FamilyTwo Unit Residential
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View all 31 uses Last updated May 25, 2026 For deeper zoning details, reports are available at Zoneomics
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