125 41st, Newport Beach, CA 92663
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125 41st, Newport Beach, CA 92663
125 41st, Newport Beach, CA 92663
125 41st, Newport Beach, CA 92663
125 41st, Newport Beach, CA 92663
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Ashton Piraro

Ashton Piraro

+1(408) 607-0725
Listed by Troy Seeber, DRE #02002512 • Compass
$ 3,385,000
Est. payment /mo
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Price Dropped by $65K

125 41st Newport Beach, CA 92663

2,550 Sqft Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID CROC26202745

Style Cottage,Traditional,Bungalow

Year Built 1958

Lot Size 2,550 Sqft

Property Sub-Type Duplex

Source California Regional MLS

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, t

Location

State CA

County Orange

Area N8 - West Newport - Lido

Rooms

Kitchen Garbage Disposal, Microwave, Other, Exhaust Fan, Oven Range - Gas, Oven Range - Built-In, Refrigerator, Oven - Gas, Oven - Electric

Interior

Heating Wall Furnace , Fireplace

Cooling None

Flooring Other

Laundry In Garage

Exterior

Parking Features Garage

Garage Spaces 2.0

Pool 31, None

View Hills, Local/Neighborhood, Ocean, 30

Roof Type Composition

Building

Story Split Level

Foundation Concrete Slab

Water Other, Hot Water, District - Public

Architectural Style Cottage, Traditional, Bungalow

Others

Tax ID 42331118

Special Listing Condition Not Applicable

MLS Listing IDX PLUS
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Ashton Piraro

Ashton Piraro

Agent License ID: 02156275

+1(408) 607-0725

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125 41st