What a dream come true to own one of the best locations on the Balboa Peninsula and a property that has TWO ACTIVE SHORT TERM LODGING PERMITS. This duplex is situated between the Newport and Balboa Piers, just one house from the ocean and just a short block away from the Balboa Bay! 1113 W. Balboa has a fabulously large lot...31 X 103... can suite many buyers needs. Property is zoned R2 Single.. Totally remodeled from stem to stern. The front cottage is 3 bedrooms and two bathrooms, not all bedrooms have closets, wardrobes have been provided and laundry facilities. Not only do you have a a front garden, you have a private back patio/yard for BBQ ing. The back cottage is remarkable... in the sense that you have three stories, from the second floor kitchen you have a peek of the ocean and from the third story loft/family room your view is fairly lovely. Once again, the back cottage has been totally remodeled, like living in a coastal cottage 'treehouse'. This property has an attached garage with laundry facilities. All furnishings are included for both properties.