30
See all 30 photos
$3,450,000
Est. payment /mo
2 Beds
2 Baths
2,550 Sqft Lot
Open Sun 2PM-5PM
125 41st Newport Beach, CA 92663
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Open House
Sun Sep 20, 2:00pm - 5:00pm
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
Subdivision West Newport Beach (Wsnb)
MLS Listing ID OC26202745
Bedrooms 2
Lot Size 2,550 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
A rare investment opportunity just steps from the sand on the 100 block of Newport Beachs Balboa Peninsula. Located at 125 41st Street, this 1,620-square-foot duplex features two 2-bedroom, 1-bath units on a 2,550-square-foot lot and offers an exceptional combination of immediate income potential, coveted short-term rental use, and future development opportunity. Currently operated as a short-term rental property, the offering includes two highly desirable short-term rental permits, providing the potential for substantial annual gross rental income. The existing duplex configuration offers flexibility for investors seeking continued vacation-rental income, a beach property with multiple residences, or a longer-term hold in one of Newport Beachs most sought-after coastal locations. Beyond its current use, the property presents compelling redevelopment potential. The 30' x 85' lot offers the opportunity to re-imagine the site with two new-construction condominiums, allowing a future owner to significantly improve the property while capitalizing on its exceptional Peninsula location. Just a short walk from the beach, surf, boardwalk and the best of the Newport Beach lifestyle, 125 41st Street represents an increasingly difficult-to-replicate combination: two residences, two short-term rental permits, strong income potential, and future development upsideall just steps from the sand.
Location
State CA
County Orange
Zoning Public Rec
Direction Balboa Blvd to 41st st.
Interior
Heating Fireplace
Fireplace No
Exterior
View Y/N No
Roof Type Composition
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 42331118
Acceptable Financing Conventional
Listing Terms Conventional
Listed by Troy Seeber, DRE#02002512 Compass
Co-listed byTyler Brown • Serhant California, Inc
Co-listed byTyler Brown • Serhant California, Inc
NEARBY SCHOOL & BUSINESS
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