Balboa Peninsula Oceanfront compound on the boardwalk in Newport Beach with coveted short term rental permit. The Large house features panoramic views from Dana Point to Catalina with 3 stories, an elevator, 6 bedrooms and 6 baths. The master bedroom is on the second floor and offers unobstructed ocean views. The private courtyard is a great way to enjoy the beachfront living and connects the main house to the 3 car garage. The second unit is a 2 bedroom, 1 bath located above the garage with separate access and a private balcony with an ocean view currently being rented to a long-term tenant.