The property, 126 24th Street is a two-unit multifamily investment property located on the Balboa Peninsula in Newport Beach, California. Situated just one block from Newport Municipal Beach, 126 24th Street provides a rare opportunity to acquire a multifamily income property in a world class location. Built in 1976, the property features one, two-bedroom/two-bath unit and one, four-bedroom/three-and-one-half-baths unit. The property also benefits from its high quality amenities including multiple private patios, garage and covered parking, and in-unit washers and dryers. The subject property is conveniently located in close proximity to Newport Municipal Beach, Newport Pier, and McFadden Square, providing residents with easy access to shopping, dining, recreation, and nightlife destination. This superb location gives the new owner the flexibility to operate the property with long-term leases or as vacation rentals.