Investor Alert! $45,000 PRICE REDUCTION! What better place to invest your money than a high end, high yield location like Newport Beach? This charming, updated beach house has the capability of being a cash cow. It has a prime location on Balboa Island in the heart of the Village. During peak season, it rents for up to $2800/week! It also has over an 85% occupancy rate for a short term rental. Recently rewired, painted and new dual paned windows installed. It is located in the heart of the Village, just a few steps to a myriad of shops and eateries. You are also only a block from the water where you can stroll around the island, watch endless sunsets and catch the boats coming in and out of the harbor. Opportunity is knocking. What are you waiting for? Make sure to look at the virtual tour, also on YouTube!