NOT LISTED FOR SALE
6 Beds
4 Baths
2,440 Sq Ft
2,614 Sq Ft Lot Lot

Sale Details

Date Sold: August 15, 2025

Last sale price $3,425,000 $1,404 Per Sq Ft

53 Days on Market

Highlights

  • Two Primary Bedrooms
  • Updated Kitchen
  • Main Floor Bedroom
  • Newport Elementary School Rated A
  • Peek-A-Boo Views
  • 2-minute walk to Channel Place Park

About This Home

As of August 2025

Fully Remodeled Duplex Steps from the Sand | 3-Car Garage + Prime Investment Opportunity! Welcome to 131 46th Street—a rare, fully remodeled duplex on the Newport Beach Peninsula offering the perfect blend of coastal lifestyle and income potential. Just one block from the beach, this turn-key property features two spacious units totaling approximately 2,440 square feet, each with 3 bedrooms and 2 bathrooms. The lower unit spans 1,376 sq ft and the upper unit offers 1,064 sq ft, complete with a front deck where you can enjoy peek-a-boo ocean views and fresh sea breezes. Both units have been thoughtfully updated with modern finishes, open floorplans, and stylish design details that appeal to today’s coastal buyer or high-end tenant. A three-car attached garage plus a carport provides ample parking—an incredible bonus in this highly desirable beachside location. Whether you’re an investor seeking strong rental income, a 1031 exchange buyer, or looking to live in one unit while renting out the other, this property checks all the boxes. With fantastic walkability to the beach, dining, and surf shops, and priced to sell, 131 46th Street is your opportunity to own a slice of Newport Beach in one of its most desired locations!

Last Agent to Sell the Property

Garrett Weston

Coldwell Banker Realty Brokerage Phone: 714-425-6904 License #01385026 Listed on: 05/29/2025

Coldwell Banker Realty

Co-Listed By

Richie Mikesell

Coldwell Banker Realty Brokerage Phone: 714-425-6904 License #02194807

Last Buyer's Agent

Marisa Hernandez

Casa Real Estate Group, Inc. License #01956098

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1988

Lot Details

  • 2,614 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Attached Garage
  • Carport
  • Parking Available

Home Design

  • Duplex
  • Entry on the 1st floor
  • Turnkey

Interior Spaces

  • 2,440 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Peek-A-Boo Views
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms | 3 Main Level Bedrooms
  • Double Master Bedroom
  • 4 Bathrooms

Outdoor Features

  • Balcony
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 10 / 46
  • Tax Tract Number 670
  • Assessor Parcel Number 42441217
  • $2,000 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

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

Recreation

  • Water Sports
  • Bike Trail

Property Details

Home Type

Multi-Family

Year Built

Built in 1988

Lot Details

2,614 Sq Ft Lot

Parking

3

Listing Details

  • Structure Type: Duplex
  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: West Newport Beach (WSNB)
  • View: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 42441217
  • Year Built: 1988
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2440.00 Square Feet
  • Interior Amenities: Balcony
  • Stories: 2
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Three Quarter Bathrooms: 4
  • Total Bedrooms: 6
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 1403.69
  • Room Type: Kitchen, Main Floor Bedroom, Two Primaries
  • Room Kitchen Features: Remodeled Kitchen

Exterior Features

  • View: Peek-A-Boo
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Carport, Garage
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Range, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: In Closet, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Watersports, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 2614.00
  • Lot Size Acres: 0.0600
  • Latitude Manual: 33.62156800

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2614.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Block: 46
  • Tax Lot: 10
  • Tax Tract Number: 670
  • TaxOtherAnnualAssessmentAmount: 2000.00
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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 List to Sale Price per Sq Ft Prior Sale
08/15/2025 08/15/25 Sold $3,425,000 -4.7% $1,404 / Sq Ft
06/23/2025 06/23/25 Price Changed $3,595,000 -2.7% $1,473 / Sq Ft
06/13/2025 06/13/25 Price Changed $3,695,000 -4.0% $1,514 / Sq Ft
05/29/2025 05/29/25 For Sale $3,850,000 +40.0% $1,578 / Sq Ft
10/13/2023 10/13/23 Sold $2,750,000 -5.2% $1,190 / Sq Ft View Prior Sale
10/03/2023 10/03/23 Pending -- -- --
09/08/2023 09/08/23 Price Changed $2,900,000 -3.3% $1,255 / Sq Ft
07/20/2023 07/20/23 For Sale $3,000,000 -- $1,299 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $30,686 $2,805,000 $2,580,934 $224,066
2024 $30,686 $2,750,000 $2,530,327 $219,673
2023 $9,530 $743,585 $523,912 $219,673
2022 $9,391 $729,005 $513,639 $215,366
2021 $9,247 $714,711 $503,567 $211,144
2020 $9,184 $707,383 $498,404 $208,979
2019 $8,909 $693,513 $488,631 $204,882
2018 $7,644 $679,915 $479,050 $200,865
2017 $7,510 $666,584 $469,657 $196,927
2016 $7,346 $653,514 $460,448 $193,066
2015 $7,274 $643,698 $453,532 $190,166
2014 $7,103 $631,089 $444,648 $186,441
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC25119602

California Regional Multiple Listing Service (CRMLS)

APN: 424-412-17

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