BEDS4
BATHS2 full
SQUARE FEET1,620
MLS#NP26202705
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONWest Newport Beach (WSNB)
SCHOOLNewport Mesa Unified
Listing Courtesy of:
Serhant California, Inc
Agency Phone: 949-697-2781
Associate Name: Tyler Brown
Listing Shown by:
Farrell Smyth, Inc.
Agency Phone: 805-543-2172
Property Description
INCOME TODAY. OPPORTUNITY TOMORROW 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.
Property Features
Property Type: Multi Unit - Multiple
Cooling: None
Garage: 2 car attached
Heating: Wall Furnace
Home Style: Bungalow, Cottage
Lot Size: 0.06 Acres
Roof Type: Composition
Stories: 2.0
Year Built: 1958
Amenities
Breakfast Area
Ceiling Fan(s)
Laminate Counters
Quartz Counters
Bedroom on Main Level
Feature Descriptions
Appliances: Built-In Range, Barbecue, Dishwasher, Electric Oven, Disposal, Gas Oven, Refrigerator, Range Hood, Water Heater, Dryer, Washer
Community Features: Curbs, Gutter(s), Storm Drain(s), Street Lights, Suburban, Sidewalks, Water Sports
Days on Site: 47
Fencing: Block
Fireplace: Gas, Living Room, Masonry
Flooring: Tile, Vinyl, Wood
Laundry: Washer Hookup, Gas Dryer Hookup, In Garage
Lot: 0-1 Unit/Acre
Parcel#: 42331118
Parking: Garage, Garage Faces Rear, On Street
Parking Notes: Garage, Garage Faces Rear, On Street
Patio/Porch: Concrete
Security: Smoke Detector(s)
Sewer: Public Sewer
Spa: None
Special View Info: Mountain(s), Neighborhood, Ocean, Peek-A-Boo
Units: 2
Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Water: Public
Water Features: Ocean Side Of Highway
Window: Double Pane Windows
Local Schools
High School: Newport Harbor
Middle School: Ensign
Elementary School: Newport Heights
School District: Newport Mesa Unified
Listed By / Shown By
Listed By
Agency Name: Serhant California, Inc
Agent Name: Tyler Brown
Agency Phone: 949-697-2781
Shown By
Agency Title: Farrell Smyth, Inc.
Agency Phone: 805-543-2172
Estimate Your Payment
Estimated Payment
$ 8,520.83 per month $7,533.54 Principal & Interest $0.00 Property Tax (data not provided by mls) $987.29 Homeowner's Insurance
125 41st | MLS# NP26202705
This multi-family property located at 125 41st, Newport Beach, CA 92663 is currently listed for sale with an asking price of $3,385,000. 41st is located within the Newport Mesa Unified school district. Search Newport Beach real estate on www.farrellsmyth.com today.