215 32nd ST Active Save Request In-Person Tour Request Virtual Tour
Newport Beach,CA 92663
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,500 sqft
Price per Sqft $1,485
Subdivision Balboa Peninsula (Residential) (Balp)
MLS Listing ID NP25056815
Style Contemporary
Bedrooms 8
Full Baths 5
Half Baths 2
HOA Y/N No
Year Built 2020
Lot Size 2,352 Sqft
Acres 0.054
Property Sub-Type Duplex
Property Description
PRICED REDUCED $800k - SELLER FINANCING AVAILABLE. Just $1M down and seller will carry at 3% with interest-only payments. Buyer keeps all rental income (approx. $260K/year) to pay interest payments. Rare low-entry opportunity in prime Newport Beach with immediate cash flow. Newly constructed in 2020, this fully furnished 8-bedroom, 7-bathroom duplex sits at the top of the Balboa Peninsula, directly across from the beach. Includes two transferable short-term rental permits and strong income history. Two thoughtfully designed units: Rear Unit: 5BR / 3.5BA with direct garage access, open-concept kitchen, large bonus room, and rooftop deck with ocean, city, and mountain views. Front Unit: 3BR / 2.5BA with a charming front porch on 32nd Street — steps to the sand and ideal for entertaining. Features include AC/heat, parking for 4 cars (2-car garage + 2-car carport), and premium finishes throughout. Walk to Lido Marina Village, the Bayfront, top restaurants, and shops. Quick access to PCH and freeways. Live where you vacation or leverage it as a high-performing income property!
Location
State CA
County Orange
Area N8 - West Newport - Lido
Rooms
Other Rooms All Bedrooms Up,Bonus Room,Den,Galley Kitchen,Kitchen,Laundry,Primary Bathroom,Primary Bedroom,Separate Family Room,Walk-In Closet
Master Bathroom 1
Interior
Interior Features Built-in Features,Ceiling Fan(s),Furnished,Granite Counters,Recessed Lighting,Stone Counters
Heating Forced Air
Cooling Electric,Zoned
Flooring Vinyl
Fireplaces Type None
Appliance Built-In Range,Dishwasher,Disposal,Gas Range,Microwave,Range Hood,Refrigerator,Tankless Water Heater,Vented Exhaust Fan
Laundry Gas & Electric Dryer Hookup,Gas Dryer Hookup,Inside
Exterior
Parking Features Carport,Attached Carport,Direct Garage Access,Garage Faces Rear
Garage Spaces 2.0
Pool None
Community Features Biking,Curbs,Fishing,Hiking,Watersports,Sidewalks,Storm Drains,Street Lights
Utilities Available Cable Available,Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected
View Y/N Yes
View City Lights,Mountain(s)
Handicap Access Parking
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Dwelling Type Duplex
Story 2
Sewer Public Sewer
Water Public
Architectural Style Contemporary
Level or Stories Three Or More
New Construction No
Schools
Elementary Schools Newport Newpor
Middle Schools Ensign
High Schools Newport Harbor
School District Newport Mesa Unified
Others
Senior Community No
Special Listing Condition Standard
Lease Land No
Confidential INFO
TERMS Cash To New Loan
LIST AGRMT Exclusive Right To Sell
LIST SERVICE Full Service
SHOW CONTACT TYPE Agent
SHOW CONTACT NAME Chris Moreno
SHOW CONTACT PH 949.280.6357
SHOW INSTRUCTIONS Please do not use showing time. Please contact Chris Moreno to schedule showings 949.280.6357 The property is occupied and showings are by appointment only. Thank you.