$4,399,000
UNDER CONTRACT

Estimated payment $28,183/month

Total Views 1,784
8 Beds
4 Baths
2,800 Sq Ft
$1,571 Price per Sq Ft

Highlights

  • White Water Ocean Views
  • Property has ocean access
  • Across the Road from Lake or Ocean
  • Newport Elementary School Rated A
  • Fishing
  • 4-minute walk to 38th Street Park

About This Home

Just three houses from the boardwalk and beach, 112 34th Street presents a rare opportunity to own an oversized duplex in one of the most coveted locations on the Newport Peninsula. Offering two spacious residences, this property is ideal for investors, multigenerational living, or future redevelopment.
The lower unit features 3 bedrooms and 2 bathrooms, highlighted by an ocean-view patio perfect for entertaining or relaxing after a day at the beach. The upper unit offers 5 bedrooms and 2 bathrooms, with ocean views from the living room and abundant natural light throughout. Together, the property provides over 3,000 square feet of living space, including legal non-conforming areas upstairs, though title reflects approximately 2,800 square feet. Buyers are advised to independently verify all square footage, permitting, and development potential with the City of Newport Beach.
Situated on an oversized 35’ x 90’ lot, substantially wider than the standard lot in the area—the property allows for a rare three-car wide garage accessed from the alley, along with expanded possibilities for future development.
The location on 34th Street is premier: positioned near the quieter end of the boardwalk, yet just steps from the Peninsula’s only grocery store, shopping, dining, and the Newport Pier. The beach here is among the finest in Newport, offering year-round surf for both beginners and seasoned surfers alike.
Adding to its appeal, the property includes two Short Term Lodging Permits with the City of Newport Beach and has been successfully operated as a vacation rental for years. With a remodel, projected income could exceed $200,000 annually.
Whether you’re seeking a strong investment, a legacy property for family use, or a future redevelopment opportunity, 112 34th Street stands out as a rare and valuable offering in the heart of Newport Beach.

Listing Agent

Artie Dorr

Balboa Realty Brokerage Phone: 9495009832 License #01899740 Listed on: 08/21/2025

Co-Listing Agent

Alex Batley

Balboa Realty Brokerage Phone: 9495009832 License #01365952

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 3,180 Sq Ft Lot
  • No Common Walls
  • Fenced
  • Needs Fence Repair
  • Value in Land

Parking

  • 3 Car Garage
  • Parking Available
  • Rear-Facing Garage
  • Three Garage Doors

Property Views

  • White Water Ocean
  • Neighborhood

Home Design

  • Duplex
  • Fixer Upper
  • Flat Roof Shape
  • Slab Foundation
  • Stucco

Interior Spaces

  • 2,800 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan

Kitchen

  • Gas Oven
  • Gas Range
  • Dishwasher

Flooring

  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Multi-Level Bedroom
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Property has ocean access
  • Beach Access
  • Waterfront with Home Across Road
  • Ocean Side of Highway 1
  • Exterior Lighting

Location

  • Across the Road from Lake or Ocean
  • Urban Location

Utilities

  • Forced Air Heating System
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 6
  • Tax Tract Number 3813
  • Assessor Parcel Number 42334107
  • $561 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • West Newport Beach Subdivision

Recreation

  • Fishing
  • Bike Trail

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Other Phone Description: 949-293-4629
  • Price Per Unit: 2199500
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: West Newport Beach (WSNB)
  • View: Yes
  • Property Condition: Fixer
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 42334107
  • Year Built: 1963
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: UnderContract

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s), Furnished
  • Stories: 2
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile, Vinyl
  • Appliances: Yes
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 1571.07
  • Room Type: Multi-Level Bedroom

Exterior Features

  • Foundation: Slab
  • View: Neighborhood, Ocean, Water, White Water
  • Fence: Yes
  • Fencing: Needs Repair
  • Pool Private: No
  • Roof: Flat
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage Faces Rear, Garage - Three Door
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Range, Refrigerator
  • Heating Type: Forced Air
  • Laundry Features: Individual Room, Outside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Sidewalks, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Value In Land, Walkstreet
  • Lot Size Sq Ft: 3180.00
  • Lot Size Acres: 0.0730

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Lot Size Area: 3180.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Dishwasher: 2
  • Number With Disposal: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Rent Control: No
  • Waterfront Features: Across the Road from Lake/Ocean, Beach Access, Fishing in Community, Ocean Access, Ocean Side of Freeway, Ocean Side Of Highway 1, Waterfront With Home Across Road

Tax Info

  • Tax Census Tract: 635.00
  • Tax Lot: 6
  • Tax Tract Number: 3813
  • TaxOtherAnnualAssessmentAmount: 561.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2025 08/21/25 For Sale $4,399,000 -- $1,571 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP25189553

California Regional Multiple Listing Service (CRMLS)

APN: 423-341-07