714-914-4996

215 32nd Street,
Newport Beach, CA 92663

$4,700,000

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Jansen Team

Jansen Team

714-914-4996

rob@jansen-team.com

Welcome to an exceptionally rare opportunity to own a trophy asset in one of the most coveted locations in Newport Beach — with an up to 4-year Lease Option to Buy and $260K+ annual rental income from day one. Located at the top of the Balboa Peninsula, just steps from the sand, this newly built 2020 duplex is fully furnished and short-term rental ready — complete with two transferable STR permits and a proven income history. Whether you’re looking to invest, 1031 exchange, or eventually move in, this property offers low entry, high upside, and total flexibility. The property features two beautifully designed, turnkey units: Rear Unit: 5BR / 3.5BA — Private direct access from the 2-car garage, open-concept kitchen and living, large bonus/media room, and a rooftop deck with stunning ocean, city, and mountain views. Front Unit: 3BR / 2.5BA — A charming beachside retreat with a welcoming front porch on 32nd Street, perfect for indoor-outdoor living and entertaining. Additional features include central AC & heat, 4-car parking (2-car garage + 2-car carport), and high-end finishes throughout. Just a short stroll to the beach, Lido Marina Village, the Bayfront, local boutiques, coffee shops, and top-tier dining. Fast access to PCH and nearby freeways. Whether you're an investor seeking immediate income and long-term appreciation, or a future homeowner wanting to lock in your dream home today and buy later—this is a Newport Beach opportunity you don’t want to miss.

Basic Information

MLS #:
NP25056815
Price:
$4,700,000
Price
(per sq ft):
$1,342.00
Address:
215 32nd Street ,
Newport Beach, CA 92663
MLS Area:
N8 - West Newport - Lido
Subdivision:
Balboa Peninsula (Residential) (BALP)
Property
Type:
Duplex
Days on Market:
172
Status:
Active
Bedrooms:
8
Bathrooms:
7
Full Baths:
5
Size (sq ft):
3,500 sq ft
Lot Size:
2,352 sq ft
Year Built:
2020
Sale Type:
Standard

Rooms in Home

Rooms:
All Bedrooms Up, Bonus Room, Den, Galley Kitchen, Kitchen, Laundry, Primary Bathroom, Primary Bedroom, Separate Family Room, Walk-In Closet
Eating Area:
Laundry:
Gas & Electric Dryer Hookup, Gas Dryer Hookup, Inside
Entry Location:
ground level

Interior Features

Fireplace:
None
Cooling:
Electric, Zoned
Heating:
Forced Air
Floor:
Vinyl
Appliances:
Built-In Range, Dishwasher, Disposal, Gas Range, Microwave, Range Hood, Refrigerator, Tankless Water Heater, Vented Exhaust Fan
Interior Features:
Built-in Features, Ceiling Fan(s), Furnished, Granite Counters, Recessed Lighting, Stone Counters
Security:
Accessibility:
Parking

Garage and Parking

Garage:
Attached
Garage:
2 Spaces
Carport:
2.00 Spaces
Parking:
Carport, Attached Carport, Direct Garage Access, Garage Faces Rear

Home Owners Association

HOA Dues 1:
$0.00 /
HOA Dues 2:
$
HOA Amenities: 

Utilities

Water:
Public
Utilities:
Cable Available,Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected

School Information

District:
Newport Mesa Unified
Elementary:
NEWPOR
Middle:
ENSIGN
High:
NEWHAR

Exterior Features

Pool:
None
Spa:
None
Patio:
View:
City Lights, Mountain(s)
Construction:
Foundation:
Roof:
Windows:
Common Walls:
No Common Walls
Levels:
Three Or More
Lot Features:
0-1 Unit/Acre

Additional Information

County:
Orange
Senior Community:
No
Community Features:
Biking, Curbs, Fishing, Hiking, Watersports, Sidewalks, Storm Drains, Street Lights
Other Structures:
Structure Condition:
Direction Faces:
Listed by:
Surterre Properties Inc. , Chris Moreno , 01503663
Co-Listed:
Surterre Properties Inc. , Cassie Hammond , 01264839
Last
Updated:
9/2/2025 10:08 AM

215 32nd Street,
Newport Beach, CA 92663

Jansen Team
Real Estate

Rob Jansen, Broker

California Office

Phone: 714-914-4996

4000 Barranca Parkway, Suite 250
Irvine, CA 92604

Email: rob@jansen-team.com

Idaho Office

Phone: 208-360-5198

2184 Channing Way , # 324
Idaho Falls, ID 83404

CA-Lic#01799964, ID-Lic#PR54424 ■ © 2023 Copyright Jansen Team Real Estate ■ Equal Housing Opportunity

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