Listed price in listed location currency (USD).
$3,450,000

422

MLS® NP26202705

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Duplex
Levels Residential
Size 1620 sqft
Garage Yes
Taxes 
Days Active 26
Lot Size 0.058 Acres
Approx. Age 1958
Avg. Price Per Sqft $2,129
MLS® Number NP26202705

Property Address: 125 41st St, Newport Beach, CA, 92663-2923

Average square foot calculated using Size range provided by listing agent.

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.
MLS® NumberNP26202705
Laundry Level
Central VacNo
FireplaceYes
Acreage
Exterior
GarageYes
Approx. Age1958
Basement
DrivewayGarage, Garage Faces Rear, On Street
Garage Spaces
HeatWall Furnace
A/CNone

Extras

Rooms

Kitchen:Not available
Other:Not available
Bedroom 1:Not available

Price History

-End Date
Not Sold YetSold Price

For Sale

Sep 16, 2026List Date
$3,450,000List Price
-End Date
Not Sold YetSold Price

For Sale

Sep 16, 2026List Date
$3,450,000List Price

Home Appraisal

This property is estimated to sell between: $3,450,000 and $5,025,000.
Similar properties in this area sold on average for: $4,500,000
Expected to sell in 59 days. Similar properties sold in 85 days. This home has been on eXp Realty for 26 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

  • Commute

Commute

Starting Address
Destination Address
125 41St St, Newport Beach, CA

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