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Newport Beach offers fine, soft sand with plenty of room to stretch out and enjoy yourself. Surfers, swimmers and sunbathers all bask in the warmth of beautiful Southern California winter and summer days.  This is the premier beach & real estate location in Newport Beach. The Balboa Peninsula, which is also called the “Peninsula” is home to some of the most beautiful beaches in Southern California. It’s a long stretch of homes where it almost feels like Lido Isle. The homes facing the ocean and the bay are some of the most desirable homes in the Balboa Peninsula. Due to the weather, amenities and lifestyle, this continues to be a strong market for rental properties. If you are looking to make an investment where you can leverage your money in today’s market with exceptional interest rates, look no further. Consider upgrading properties and repositioning your equity by doing a 1031 Exchange from a current like kind property to one of these.