$ 3,385,000
-
$3,385,000
Price -
4
Bed -
2
Bath -
1,620
SqFt -
0.06
Acre
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Open House Times
- Sat. Oct. 17 at 2:00pm to 4:00pm
- Sun. Oct. 18 at 12:00pm to 3:00pm
About the Listing OC06682 - OCSEEBTRO,NP60807
A rare investment opportunity just steps from the sand on the 100 block of Newport Beach’s 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 Beach’s 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 upside—all just steps from the sand.
Listing Highlights for 125 41st
Interior Details
- Bedrooms: 4
- Bathrooms: 2 Full
- Appliances: Built-In Range, Electric Oven, Gas Cooktop, Disposal, Gas Oven, Gas Range, Microwave, Refrigerator, Vented Exhaust Fan, Water To Refrigerator, Water Heater
- Air Cond:
- Heating: Fireplace(s),Wall Furnace
- Fireplaces: Gas,Living Room,Masonry
- Floor: See Remarks,Tile,Vinyl
- Basement:
- Other: Beamed Ceilings,Ceiling Fan(s),Laminate Counters,Quartz Counters,Bedroom on Main Level
- Water: Public
Exterior Details
- Lot Description: 2-5 Units/Acre,No Land Lease
- Garage Capacity: 2 car
- Parking Spaces: 2
- Roof: Composition
- Others: 2+ Total Units
- Sewer: Public Sewer
- Parking Features: Garage,Garage Faces Rear
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 42331118
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Listing Location
Questions About..
125 41st Newport Beach, CA 92663
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