Nestled in the heart of Balboa Peninsula&#39's 100 block and Zoned R2, this prime Duplex offers an exceptional opportunity to enjoy coastal living while generating Rental Income. The lower unit boasts 2 spacious bedrooms and 2 bathrooms, while the upper unit—with its own separate address and utilities—features 2 bedrooms and 1 bathroom and is currently rented, making it ideal for investors or multi-generational living. Just steps from the sand, ocean, and harbor, this property provides effortless access to Newport Beach’s vibrant coastal scene. With a cozy fireplace and a 2-car garage, convenience and comfort come together in this sought-after location. Whether you’re looking for an income-generating investment or a beachside retreat, this duplex is a rare find in one of Southern California’s most coveted communities. Don&#39't miss this opportunity to own a piece of paradise!