125 41st, Newport Beach, CA 92663
125 41st, Newport Beach, CA 92663
125 41st, Newport Beach, CA 92663
30
See all 30 photos
$3,385,000
Est. payment /mo
Save
4 Beds
2 Baths
1,620 SqFt
Price Dropped by $65K

125 41st Newport Beach, CA 92663

Save
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Dusty Brazil

Dusty Brazil

+1(760) 207-7245

UPDATED:

Key Details

Property Type Townhouse

Sub Type Townhome

Listing Status Active

Purchase Type For Sale

Square Footage 1,620 sqft

Price per Sqft $2,089

Subdivision West Newport Beach (Wsnb)

MLS Listing ID NP26202705

Style Cottage,Craftsman/Bungalow

Bedrooms 4

Full Baths 2

Year Built 1958

Lot Size 2,550 Sqft

Property Sub-Type Townhome

Property Description

Balboa Peninsula duplex with two short-term rental permits. Income today, redevelopment potential tomorrow. Located in the heart of Newport Beachs Balboa Peninsula, just a short walk to the beach, surf, and boardwalk, 125 41st Street presents a rare opportunity to acquire an established coastal investment property with immediate rental income and long-term upside. The property features two 2-bedroom, 1-bath residences totaling approximately 1,620 square feet on a 2,550-square-foot (30 x 85) lot. Both units operate as vacation rentals under separate short-term rental (STR) permits, offering an established rental history and professional property management already in place. For investors seeking additional upside, the property offers value-add potential through strategic improvements, with opportunities to enhance rental performance while maintaining its existing income-producing use. Beyond the current rental operations, the property presents potential for redevelopment into two new-construction condominiums, providing the flexibility to generate rental income today while exploring future development opportunities on the Peninsula. Whether your strategy is to hold an income-producing Newport Beach duplex, capitalize on the areas vacation rental market, or pursue future redevelopment, 125 41st Street offers multiple paths to ownership and long-term value creation in one of Southern Californias most desirable coastal communities. Two residences. Two STR permits. Multiple investment strategies. One exceptional Newport Beach location.

Location

State CA

County Orange

Direction Balboa Blvd to 41st

Interior

Interior Features Formica Counters

Heating Wall/Gravity

Flooring Linoleum/Vinyl, Tile, Wood

Fireplaces Type FP in Living Room, Gas, Masonry

Fireplace No

Appliance Dishwasher, Disposal, Dryer, Refrigerator, Washer, Electric Oven, Gas Oven, Barbecue

Laundry Gas, Washer Hookup

Exterior

Parking Features Garage

Garage Spaces 2.0

Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected

View Y/N Yes

Water Access Desc Public

View Mountains/Hills, Ocean, Neighborhood, Peek-A-Boo

Roof Type Composition

Porch Concrete

Total Parking Spaces 2

Building

Story 2

Sewer Public Sewer

Water Public

Level or Stories 2

Others

Senior Community No

Tax ID 42331118

Acceptable Financing Cash, Cash To New Loan

Listing Terms Cash, Cash To New Loan

Special Listing Condition Standard

MLS Router / San Diego MLS
Listed by Tyler Brown, DRE#02043514 Serhant California, Inc 
Co-listed byTroy Seeber • Compass

NEARBY SCHOOL & BUSINESS

Dusty Brazil
Dusty Brazil

Agent License ID: 01780273

+1(760) 207-7245 | dustybrazil@gmail.com

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Dusty Brazil, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

125 41st