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125 41st, Newport Beach, CA 92663 (Sold on )

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 $3,450,000

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  • 4 BedBeds
  • 2 BathBaths
  • 1,620 SqftSqft
  • TypeSingle Family
  • Active
  • MLS# NP26202705

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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 combination: two residences, two short-term rental permits, strong income potential, and future development upside—all just steps from the sand.

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Property Details 125 41st, Newport Beach, CA 92663

General

  • MLS#: NP26202705
  • Property Type: Single Family
  • Property Sub Type: Duplex
  • List Date: 09/16/2026
  • Year Built: 1958
  • Area: N8 - West Newport - Lido
  • Subdivision: West Newport Beach (WSNB)
  • County: Orange
  • Beds: 4
  • Full Bath: 2
  • Total Baths: 2
  • Association Fee: $0.00

Interior Features

  • Interior Features: Breakfast Area, Ceiling Fan(s), Laminate Counters, Quartz Counters, Bedroom on Main Level
  • Flooring: Tile, Vinyl, Wood
  • Appliances: Built-In Range, Barbecue, Dishwasher, Electric Oven, Disposal, Gas Oven, Refrigerator, Range Hood, Water Heater, Dryer, Washer
  • Window Features: Double Pane Windows
  • Laundry Features: Washer Hookup, Gas Dryer Hookup, In Garage
  • Security Features: Smoke Detector(s)

Exterior Features

  • Community Features: Curbs, Gutter(s), Storm Drain(s), Street Lights, Suburban, Sidewalks, Water Sports
  • Fencing: Block
  • Private Pool: No
  • Pool Features: None
  • Garage Spaces: 2
  • Patio and Porch Features: Concrete
  • Roof: Composition

Schools

  • Elementary School: Newport Heights
  • Middle or Junior School: Ensign
  • High School: Newport Harbor
  • High School District: Newport Mesa Unified

Structure

  • Architectural Style: Bungalow, Cottage
  • Stories: 2
  • Attached Garage: Yes

Size & Lot

  • Lot Size Acres: 0.0580
  • Lot Size SqFt: 2,526
  • Lot Features: ZeroToOneUnitAcre
  • Waterfront Features: Ocean Side Of Highway

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Heating: Wall Furnace
  • Cooling: None
  • Sewer: Public Sewer

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