Attention Builders - Excellent Central Balboa Peninsula Location, on low-traffic street. Easy access on and off the peninsula via PCH and Newport Blvd. A fantastic opportunity for an investor, builder, or end user to lock up one of the better lots in West Newport (2334 sqft). One block away from the beach, one house from the canals surrounding Newport Island, and a short walk away from some of the best restaurants in the area, this 2 bed 1 bath vintage beach cottage includes interior features like a galley kitchen, fireplace, and laundry inside the space. Sizeable driveway with a single car garage included in the layout. The property is being sold “as is” and is currently occupied by tenants paying $3500 a month in rent. The lease in place is month to month allowing flexibility for any purchaser. Be a part of the Balboa Peninsula revival at a lot-value price point.