This prime oceanfront property offers a rare opportunity to remodel or build new on one of Newport's favorite beaches with uninterrupted Pacific Ocean and Catalina Island views. The 1,740 sq. ft. R-1 lot, situated on the quieter end of the Balboa Peninsula with direct beach access and without boardwalk, is currently occupied by a legal non-conforming duplex [upper 3b/2ba, lower 2b/1ba], single-car garage and carport, originally built in 1948 and partially renovated in recent years. Both units benefit from upgraded plumbing and electrical, the installation of water filter, ionizer and tankless water heater, new heating units, new Milgard windows, and new garage door and epoxy-coated floors. Upper unit upgrades are more extensive and include kitchen and bathroom renovations, new appliances, wood flooring, granite countertops, cabinets and recessed lighting. This investment opportunity with its "toes in the sand" location and close proximity to Newport's finest beaches, shops and restaurants, is not to be missed.
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