215 32nd Street
Newport Beach, CA 92663
- 8 beds
- 7 baths
- 3,500 sqft
- 2,352 sqft lot
- $1,485 per sqft
- 2020 build
- – on site
PRICED REDUCED $800k - SELLER FINANCING AVAILABLE. Just $1.5M down and seller will carry at 4% interest-only for 12 months. Buyer keeps all rental income (approx. $260K/year) to offset interest payments. Balloon payment of $3.7M due at end of year one. 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!
Last checked:
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Last updated Apr 10, 2025
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MLS# NP25056815 —
This property is listed in more than one place. See it here.
The Building
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Year Built:2020
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Year Built Source:Builder
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New Construction:No
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Total Number Of Units:2
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Architectural Style:Contemporary
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Structure Type:Duplex
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Stories Total:2
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Entry Level:1
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Accessibility Features:Parking
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Common Walls:No Common Walls
Interior
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Features:Built-in Features, Ceiling Fan(s), Furnished, Granite Counters, Recessed Lighting, Stone Counters
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Levels:Three Or More
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Entry Location:ground level
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Flooring:Vinyl
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Room Type:All Bedrooms Up, Bonus Room, Den, Galley Kitchen, Kitchen, Laundry, Primary Bathroom, Primary Bedroom, Separate Family Room, Walk-In Closet
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Living Area Units:Square Feet
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Living Area Source:Other
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Fireplace:No
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Fireplace:None
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Laundry:Gas & Electric Dryer Hookup, Gas Dryer Hookup, Inside
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Laundry:1
Room Dimensions
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Living Area:3500.00
Location
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Directions:Southeast on Balboa Bvld turn left on 32nd, on the left side. Or - south on Newport Blvd turn right on 32nd street, on the right side
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Latitude:33.61527000
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Longitude:-117.93222400
The Property
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Property Type:Residential
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Subtype:Duplex
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Lot Features:0-1 Unit/Acre
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Lot Size Area:2352.0000
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Lot Size Acres:0.0540
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Lot Size SqFt:2352.00
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Lot Size Source:Assessor
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View:1
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View:City Lights, Mountain(s)
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Road Frontage:City Street
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Additional Parcels:No
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Land Lease:No
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Lease Considered:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Census Tract:635.00
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Tax Tract:418
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Tax Lot:17
Beds
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Total Bedrooms:8
Baths
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Total Baths:7
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Full & Three Quarter Baths:5
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Main Level Baths:1
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Full Baths:5
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Half Baths:2
The Listing
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Special Listing Conditions:Standard
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Parcel Number:42335317
Heating & Cooling
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Heating:1
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Heating:Forced Air
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Cooling:Yes
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Cooling:Electric, Zoned
Utilities
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Utilities:Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
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Sewer:Public Sewer
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Water Source:Public
Appliances
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Appliances:Built-In Range, Dishwasher, Disposal, Gas Range, Microwave, Range Hood, Refrigerator, Tankless Water Heater, Vented Exhaust Fan
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Included:Yes
Schools
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Elementary:NEWPOR
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Elementary School:Newport
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Middle School:Ensign
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Middle School:ENSIGN
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High School:Newport Harbor
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High School:NEWHAR
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High School District:Newport Mesa Unified
The Community
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Subdivision:Balboa Peninsula (Residential) (BALP)
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Subdivision:Balboa Peninsula (Residential) (BALP)
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Neighborhood:Balboa Peninsula
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Features:Biking, Curbs, Fishing, Hiking, Watersports, Sidewalks, Storm Drains, Street Lights
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Association:No
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Pool:None
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Senior Community:No
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Private Pool:No
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Spa Features:None
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Assessments:Yes
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Assessments:Unknown
Parking
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Parking:Yes
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Parking:Carport, Attached Carport, Direct Garage Access, Garage Faces Rear
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Parking Spaces:4.00
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Attached Garage:Yes
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Garage Spaces:2.00
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Carport Spaces:2.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
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4/9/25
Apr 9, 2025
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Price Changed | CRMLS_CA | $5,200,000 | -11.9% |
3/14/25
Mar 14, 2025
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Listed / Active | CRMLS_CA | $5,900,000 | 40.5% (17.8% / YR) |
7/30/24
Jul 30, 2024
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Listed / Active | CRMLS_CA |