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The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

$3,450,000

Est. payment - /mo

2,548 Sqft Lot

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Sat Oct 10, 12:00pm - 3:00pm

Sun Oct 11, 12:00pm - 3:00pm

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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Subdivision West Newport Beach (Wsnb)

MLS Listing ID OC26202745

HOA Y/N No

Year Built 1958

Lot Size 2,548 Sqft

Property Sub-Type Duplex

Property Description

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.

Location

State CA

County Orange

Area N8 - West Newport - Lido

Interior

Interior Features Beamed Ceilings, Ceiling Fan(s), Laminate Counters, Quartz Counters, Bedroom on Main Level

Heating Fireplace(s), Wall Furnace

Cooling None

Flooring See Remarks, Tile, Vinyl

Fireplaces Type Gas, Living Room, Masonry

Fireplace Yes

Appliance Built-In Range, Electric Oven, Gas Cooktop, Disposal, Gas Oven, Gas Range, Microwave, Refrigerator, Vented Exhaust Fan, Water To Refrigerator, Water Heater

Laundry In Garage

Exterior

Parking Features Garage, Garage Faces Rear

Garage Spaces 2.0

Garage Description 2.0

Fence Block, Stucco Wall

Pool None

Community Features Curbs, Storm Drain(s), Street Lights, Suburban, Sidewalks

Utilities Available Cable Connected, Electricity Connected, Sewer Connected, Water Connected

Waterfront Description Ocean Side Of Highway

View Y/N Yes

View Mountain(s), Neighborhood, Ocean, Peek-A-Boo

Roof Type Composition

Total Parking Spaces 2

Private Pool No

Building

Lot Description 2-5 Units/Acre

Story 2

Entry Level Two,Multi/Split

Foundation Slab

Sewer Public Sewer

Water Public

Architectural Style Bungalow, Cottage, Traditional

Level or Stories Two, Multi/Split

New Construction No

Others

Senior Community No

Tax ID 42331118

Energy Description 540.0

Acceptable Financing Conventional

Listing Terms Conventional

Special Listing Condition Standard

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Listed by Troy Seeber Compass 949-630-8108, DRE #02002512

NEARBY SCHOOL & BUSINESS

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125 41st Newport Beach, CA 92663