Offered for the first time in over 50 years, 806 W Balboa presents a rare opportunity to own a charming duplex on the iconic Balboa Peninsula! Just steps from the Newport Harbor Yacht Club, sandy beaches, and bay, this property embodies classic coastal living in one of Newport Beach's most sought-after locations. The front house features 2-bedrooms and 1-bathroom complemented by an abundance of natural light and ocean breezes. Nestled above the detached garage and laundry room, the second unit is a cozy 1-bedroom retreat with a private entrance, full kitchen, and comfortable living area--ideal for extended family, guests, or rental income. With its unbeatable location between the Newport Beach and Balboa Piers near vibrant dining, and boutique shopping, this duplex is a fantastic opportunity whether you're looking for a primary residence, income-generating investment, or to build your dream beach house!