Complete with two highly coveted active short-term-rental permits from the city of Newport Beach, this oceanfront property is located right at the sand on the Balboa Peninsula. Spectacular beach views are enjoyed from the front home, which offers one bedroom and one bathroom in an open-concept single-story floorplan. Enjoy a gated front patio, ocean-view living room, a white dine-in kitchen, laundry porch, luxury vinyl plank flooring and crown molding. An additional two-level home at the back of the property features three bedrooms and two baths. Walk across the sand to beach volleyball courts, 15th street Surf Shop, Fry's Market or explore nearby Marina Park, the Fun Zone, Newport Beach’s famous pier, and the upscale shops and restaurants at Lido Marina Village. Surfing, golf, Fashion Island, movie theaters and more are all moments away.