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# CRNP25056815 —
This home is listed in more than one place. See it here.
The Building
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Year Built:2020
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Building Area Units:Square Feet
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Architectural Style:Contemporary
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Levels:Three or More Stories
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Accessibility Features:Other
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Building Area Total:3500
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Building Area Source:Other
Interior
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Interior Features:Bonus/Plus Room
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Kitchen Features:Counter - Stone, Dishwasher, Garbage Disposal, Gas Range/Cooktop, Microwave, Range/Oven Built-in, Refrigerator, Other
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Flooring:Vinyl
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Fireplace:false
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Fireplace Features:None
Room Dimensions
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Living Area:3500
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Living Area Units:Square Feet
Location
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Directions:Southeast on Balboa Bvld turn left on 32nd, on the
The Property
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Property Type:Residential
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Property Subtype:Duet
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Parcel Number:42335317
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Lot Features:Street Light(s)
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Lot Size Area:0.054
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Lot Size Acres:0.054
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Lot Size SqFt:2352
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Lot Size Units:Acres
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View:City Lights
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View:true
Listing Agent
- Contact info:
- Agent phone:
- (949) 717-7215
Taxes
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Tax Tract:635.00
Beds
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Bedrooms Total:8
Baths
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Total Baths:7
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Full Baths:5
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Partial Baths:2
The Listing
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Listing Terms:Other
Heating & Cooling
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Heating:Forced Air
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Heating:true
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Cooling:Ceiling Fan(s)
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Cooling:true
Utilities
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Utilities:Sewer Connected
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Sewer:Public Sewer
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Water Source:Public
Appliances
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Appliances:Dishwasher
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Laundry Features:Gas Dryer Hookup
Schools
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High School District:Newport-Mesa Unified
The Community
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Association:false
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# of Units In Community:2
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Pool Private:false
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Pool Features:None
Parking
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Garage:true
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Attached Garage:true
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Garage Spaces:2
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Carport:false
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Parking Total:4
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Parking Features:Attached
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Covered Spaces:2
Monthly cost estimate
Asking price
$5,200,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$27,844
|
| Taxes | N/A |
| Insurance | $1,430 |
| Utilities | $183 See report |
| Total | $29,457/mo.* |
| *This is an estimate |
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).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
4/9/25
Apr 9, 2025
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Price Changed | BRIDGE | $5,200,000 | -11.9% |
|
3/14/25
Mar 14, 2025
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Listed / Active | BRIDGE | $5,900,000 | 40.5% (17.8% / YR) |
|
7/30/24
Jul 30, 2024
|
Listed / Active | CRMLS_CA |
