125 41st, Newport Beach, CA 92663

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Listed by Tyler Brown, from Serhant California, Inc
(If provided) CoList: Troy Seeber from Compass

List Price
$3,450,000
MLS#
CRNP26202705
Status
ACTIVE
Bedrooms
4
Total Bathrooms
2
Full Bathrooms
2
Lot Size
2,526
Listing Area
N8 - West Newport - Lido
Year Built
1958

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

Additional Information

Acres
0.06
Amenities
Double Pane Windows(s), Counters
Bedroom Description
19, Ground Floor Bedroom
Cooling System
None
Energy Features
Ceiling Fan(s), Double Pane Windows
Fence
2
Fireplace Description
Gas Burning, Living Room, Other Location
Foundation
Concrete Slab
Garage Parking
Garage, Off-Street Parking
Heating System
Wall Furnace
Laundry Facilities
Gas Hookup, In Garage, 30, Washer, Dryer
Lot Size
2,526
Neighborhood
N8 - West Newport - Lido
Other Utilities
Other
Pool Description
31, None
Roof
Composition
Style
Cottage, Bungalow
Unincorporated Yn
Yes
View
Hills, Neighborhood View, Ocean View, 30

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Calculator source: Real Geeks

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