ZONED FOR SHORT TERM RENTALS! This well appointed duplex on the Balboa Peninsula has ocean views, phenomenal curb appeal and is just 300 feet from the beach and a quick walk to the Fun Zone and pier. Upstairs is the perfect "owner occupied" unit with an open floor plan, updated kitchen with pantry, center island, breakfast nook, formal dining room and French doors off the den that open to a fantastic view of the sand and water. With a total of 1,741 SF, this unit offers 4 large bedrooms (including the master suite with dual sinks and vanity table in the updated bath), an additional bathroom, beveled glass dual pane windows that flood the space with natural light, and vaulted ceilings. Downstairs you will find an additional 1,202 SF unit with private entry and patio, consisting of 3 bedrooms and 2 baths, full kitchen, gas appliances and high efficiency windows. Both units are equipped with their own washer/dryer, central AC and ceiling fans throughout. See Supplementals for City of Newport Beach zoning information on short-term rentals. *Upstairs formal dining room was originally a 4th bedroom. A closet has been added and it can be easily converted back to a bedroom by adding drywall on one wall above the existing pony wall.*