125 41stNewport Beach, CA 92663
West Newport Beach (WSNB) · Orange County
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.
Property Information
- Property type
- Residential
- Sub-type
- Duplex
- Structure type
- Duplex
- Year built
- 1958
- Stories
- 2
- Living area
- 1,620 Sq Ft
- Lot size
- 0.06 acres
- Garage spaces
- 2
- Parking spaces
- 2
- Days on market
- 2
- MLS® Listing#
- NP26202705
Property Features
- Interior
- Ceiling Fan(s) · Laminate Counters
- Exterior
- Barbecue
- Appliances
- Built-In Range · Dishwasher · Electric Oven · Disposal · Gas Oven · Refrigerator · Range Hood · Water Heater · Dryer · Washer
- Cooling
- None
- Heating
- Wall Furnace
- Flooring
- Tile · Vinyl · Wood
- Fireplace
- Gas · Living Room · Masonry
- Pool
- None
- Parking
- Attached · Garage · Garage Faces Rear · On Street
- Laundry
- Washer Hookup · Gas Dryer Hookup · In Garage
- Fencing
- Block
- Foundation
- Slab
- Roof
- Composition
- Windows
- Double Pane Windows
- Security
- Smoke Detector(s)
- Community
- Curbs · Street Lights · Suburban · Sidewalks
- Utilities
- Cable Connected · Electricity Connected · Natural Gas Connected · Phone Connected · Sewer Connected · Water Connected
- Sewer
- Public Sewer
- Water source
- Public
Rooms
- Bathroom
- Bedroom
- Kitchen
Schools
- Elementary
- Newport Heights
- Middle
- Ensign
- High
- Newport Harbor
Financial Details
- HOA
- None
- Parcel number
- 42331118
Directions
Balboa Blvd to 41st
Open Houses
- 2:00–5:00 PMAdd to calendar
Listing Courtesy: Serhant California, Inc - 949-220-4409
Presented by: Tyler Brown and Troy Seeber
Licensed in the state of California.
Newport Beach Market Statistics
How this home compares to 256 active listings in Newport Beach, CA
| Newport Beach median | This listing | |
|---|---|---|
| Median listing price | $1,000,000+ | $3,450,000 |
| Median days on market | 79 | 2 |
| Median Sq Ft | 2,754 | 1,620 |
| Median price / Sq Ft | $1,600 | $2,130 |
Market statistics compiled from active EXIT Realty® and MLS listings in Newport Beach, CA.
Commute Calculator
Explore commute times from 125 41st, Newport Beach, CA 92663.
More homes to consider
View similar homes View nearby homes$3,500,000
Similar6 bd, 6 ba, 4,000 Sq Ft
1578 San BernardinoCosta Mesa, CA 92627#OC26162895
Listing courtesy of Robin Fenchel, Broker
$3,500,000
Similar5 bd, 4 ba, 2,830 Sq Ft
394 Magnolia StreetCosta Mesa, CA 92627#OC26159119
Listing courtesy of Coldwell Banker Realty
$3,195,000
Similar4 bd, 4 ba, 2,789 Sq Ft
2001 HavenNewport Beach, CA 92663#OC26180719
Listing courtesy of Coldwell Banker Realty
$3,395,000
Similar3 bd, 3 ba, 2,093 Sq Ft
3001 Via MalagaNewport Beach, CA 92663#OC26174297
Listing courtesy of Douglas Elliman of California
$7,950,000
Nearby< 0.1 mi4 bd, 5 ba, 3,224 Sq Ft
121 41stNewport Beach, CA 92663#NP26165228
Listing courtesy of Coldwell Banker Realty
$1,320,000
Nearby< 0.1 mi4 bd, 5 ba, 3,330 Sq Ft
4106 River Avenue 2Newport Beach, CA 92663#25601205
Listing courtesy of Pacaso Inc.
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 1578 San Bernardino, Costa Mesa, CA | $3,500,000 | 6 | 6 | 4,000 |
| 394 Magnolia Street, Costa Mesa, CA | $3,500,000 | 5 | 4 | 2,830 |
| 2001 Haven, Newport Beach, CA | $3,195,000 | 4 | 4 | 2,789 |
| 3001 Via Malaga, Newport Beach, CA | $3,395,000 | 3 | 3 | 2,093 |
