Property photos
£3,295,261
US$4,400,000 (US$1,257/sq. ft)
8 bed detached house for sale
215 32nd Street, Newport Beach, Us8 beds
5 baths
8 receptions
3,500 sq. ft
Local area information
Property location
Nearby amenities
Features and description
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.
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.
Floor plans and tours
Floor plans
No floor plan available
Tours
No virtual tour available
More information
Listed by
Properstar
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