Spacious Duplex with an unusual 3000+ square feet of living space!!! Balboa Peninsula location in the highly desirable Newport Beach Bay and Harbor area. Centrally situated between the ocean and the bay on a corner lot. R-2 zoning, ideal for summer home or short term vacation rentals.Just outside your door, you can see the sand just a few short blocks away. The bay-front is a quick walk just minutes away. Unique property with spacious floor plans. Two unit building featuring a 4 bedroom/ 2 bath upper unit with vaulted ceilings, fireplace, large living room with access to a private deck. Also includes inside laundry. The lower unit has 3 bedrooms and 2 baths, fireplace, kitchen bar area in excellent condition. Lower unit has access directly to the 2 car garage. Each unit has one space. In the last number of years there has been a steady tenant history. Close to shopping, restaurants and the Balboa Pier. Prime Coastal Investment.