$3,795,000
$204K PRICE DROP

Estimated payment $23,935/month

Total Views 3,857
6 Beds
4 Baths
2,440 Sq Ft
$1,555 Price per Sq Ft

Highlights

  • Beach Access
  • Cathedral Ceiling
  • Great Room
  • Newport Elementary School Rated A
  • Main Floor Bedroom
  • 2-minute walk to Channel Place Park

About This Home

Live the beach lifestyle in this beautifully remodeled duplex, ideally located on the Peninsula of Newport Beach, offers 2440 sq ft of bright, open-concept living just steps from the sand. A rare opportunity to own a move-in-ready coastal income property with unbeatable convenience and lifestyle appeal. The upper unit showcases 1064 sq ft of intelligent modern design with seamless indoor-outdoor flow-perfect for soaking in ocean breezes and vibrant sunsets from the front deck. The lower level offer 1376 sq ft of living area that opens to the outside patio for relaxing enjoyment. Each level offers 3 bedrooms, 2 bathrooms, and private spaces tailored for residents or guest alike. This home has been meticulously upgraded with premium finishes, sleek fixtures and energy efficient systems that blend style with comfort. The attached 3-car garage provide convenience that's rare for the area. Whether you're looking for a primary residence, a vacation getaway, or an investment opportunity with a 3% cap rate rental potential, this duplex delivers. The property is ideal for 1031 exchange buyers and those eager to capitalize on Newport Beach's thriving rental market. Live the dream in one of SoCal's hottest beaches and earn while you do it!! Live in one unit and rent out the other. Available for Lease.

Last Listed By

Marina'mina' Mullinax

Arrivl Real Estate, Inc. Brokerage Phone: 949 294-1861 License #01905568 Listed on: 04/17/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1988

Lot Details

  • 2,614 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Garage
  • Parking Available
  • Garage Door Opener

Home Design

  • Duplex
  • Turnkey

Interior Spaces

  • 2,440 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Beamed Ceilings
  • Cathedral Ceiling
  • Recessed Lighting
  • Family Room with Fireplace
  • Great Room
  • Laundry Room

Kitchen

  • Gas Oven
  • Self-Cleaning Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • 4 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Beach Access
  • Balcony
  • Exterior Lighting

Additional Features

  • More Than Two Accessible Exits
  • Central Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 10 / 46
  • Tax Tract Number 670
  • Assessor Parcel Number 42441217
  • Seller Considering Concessions

Community Details

Overview

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

Recreation

  • Bike Trail

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1988

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • CapRate: 4.00
  • Price Per Unit: 1897500
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System
  • Subdivision Name Other: Balboa Peninsula (Residential) (BALP)
  • Property Condition: Turnkey
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 42441217
  • Year Built: 1988
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Balcony, Beamed Ceilings, Built-in Features, Cathedral Ceiling(s), Recessed Lighting
  • Stories: 2
  • Entry Location: 1
  • Common Walls: 1 Common Wall
  • Accessibility Features: 2+ Access Exits
  • Appliances: Yes
  • Entry Level: 1
  • Fireplace Features: Family Room
  • Levels: Two
  • Price Per Square Foot: 1555.33
  • Room Type: Great Room, Kitchen, Laundry, Main Floor Bedroom

Exterior Features

  • Exterior Features: Lighting
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage, Garage Door Opener
  • Total Parking Spaces: 3.00

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Sidewalks

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

Multi Family

  • Gross Scheduled Income: 17000.00
  • Lot Size Area: 2614.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Rent Control: No
  • Total Actual Rent: 15000.00
  • Waterfront Features: Beach Access

Tax Info

  • Tax Block: 46
  • Tax Lot: 10
  • Tax Tract Number: 670

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
05/29/2025 05/29/25 For Sale $3,850,000 +1.4% $1,578 / Sq Ft
05/17/2025 05/17/25 Price Changed $3,795,000 -5.1% $1,555 / Sq Ft
05/13/2025 05/13/25 Price Changed $3,998,000 0.0% $1,639 / Sq Ft
05/05/2025 05/05/25 Price Changed $8,500 +6.3% $3 / Sq Ft
05/02/2025 05/02/25 Price Changed $8,000 +6.7% $3 / Sq Ft
05/02/2025 05/02/25 For Rent $7,500 0.0% --
04/29/2025 04/29/25 Price Changed $4,300,000 +7.5% $1,762 / Sq Ft
04/17/2025 04/17/25 For Sale $3,999,000 +45.4% $1,639 / Sq Ft
10/13/2023 10/13/23 Sold $2,750,000 -5.2% $1,190 / Sq Ft
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)

Similar Homes in Newport Beach, CA

  • 131 46th St, Newport Beach, CA 92663

    $3,850,000

    • 6 Beds
    • 4 Baths
    • 2,440 Sq Ft
    • 131 46th St
    • Newport Beach, CA

    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

    Garrett Weston Coldwell Banker Realty

    Section Image
  • 4404 Seashore Dr, Newport Beach, CA 92663

    $4,400,000

    • 5 Beds
    • 4 Baths
    • 2,583 Sq Ft
    • 4404 Seashore Dr
    • Newport Beach, CA

    Discover this exceptional opportunity on Newport Beach’s Balboa Peninsula with this oversized Oceanaire duplex, offering both flexibility and strong rental income potential. Situated on the ocean side of Balboa Boulevard and just 200 feet from the sand, this property embodies the essence of coastal living with effortless beach access.Set on a generous 3,000+ sq. ft. lot—larger than most in the

    Artie Dorr Balboa Realty

    Section Image
  • 125 43rd St, Newport Beach, CA 92663

    $2,995,000

    • 4 Beds
    • 3 Baths
    • 1,473 Sq Ft
    • 125 43rd St
    • Newport Beach, CA

    Nestled in the heart of Balboa Peninsula's 100 block and Zoned R2, this prime Duplex offers an exceptional opportunity to enjoy coastal living while generating Rental Income. The lower unit boasts 2 spacious bedrooms and 2 bathrooms, while the upper unit—with its own separate address and utilities—features 2 bedrooms and 1 bathroom and is currently rented, making it ideal for investors or

    Robin Booher Real Broker

    Section Image
  • 213 41st St, Newport Beach, CA 92663

    $3,250,000

    • 6 Beds
    • 4 Baths
    • 3,266 Sq Ft
    • 213 41st St
    • Newport Beach, CA

    Located just 2 Blocks from the sunny beaches of West Newport and one house from the Canals, this extremely well maintained, prime corner duplex is the perfect income generator. Consisting of 2 units, upstairs and downstairs, both are 3 bedrooms and 2 baths that share an attached garage accessible to the upper residence. Updated approximately 10 years ago, there are currently long-term tenants

    Matt Genova Arbor Real Estate

    Section Image
  • 312 36th St, Newport Beach, CA 92663

    $3,950,000

    • 6 Beds
    • 5 Baths
    • 2,467 Sq Ft
    • 312 36th St
    • Newport Beach, CA

    Vacation rental ready with the City of Newport Beach short-term rental permit, this modern farmhouse property features a 3 bedroom plus den (or 4th bedroom) 3-bathroom front unit and a 3 bedroom, 2 bath back unit. The property has been highly upgraded with white exterior siding, black windows, modern aluminum roofing, front patio and two rooftop decks, making this the perfect investment property.

    Jon Dishon Arbor Real Estate

    Section Image
  • 502 36th St, Newport Beach, CA 92663

    $2,950,000

    • 5 Beds
    • 4 Baths
    • 2,390 Sq Ft
    • 502 36th St
    • Newport Beach, CA

    Are you ready to dive into the coastal real estate adventure of a lifetime? Look no further than this triplex at 502 36th Street, Newport Beach – the ultimate bayside retreat! Walking distance to Lido Marina Village, you can practically smell the salty sea breeze mingling with the aroma of freshly baked croissants from your favorite café! This triplex includes a 2 bed/2 bath lower unit, a 2 bed/1

    Christine Morgan Marterra Real Estate

    Section Image
  • 207 28th St, Newport Beach, CA 92663

    $3,249,000

    • 6 Beds
    • 4 Baths
    • 2,262 Sq Ft
    • 207 28th St
    • Newport Beach, CA

    Welcome to 207 28th Street, a rare investment opportunity just one block from the beach in the heart of Newport Beach’s coveted Balboa Peninsula. This well-located duplex features two spacious units, one upstairs and one downstairs, each offering 3 bedrooms and 2 full bathrooms, making it ideal for both investors and owner-occupants seeking strong rental potential and a premier coastal lifestyle.

    Jason Oppenheim The Oppenheim Group

    Section Image
  • 207 Colton St, Newport Beach, CA 92663

    $2,995,000

    • 7 Beds
    • 4 Baths
    • 2,670 Sq Ft
    • 207 Colton St
    • Newport Beach, CA

    Welcome to 207 Colton St, a beautifully remodeled duplex and one of the largest residences in the community. This 7-bedroom, 4-bathroom property offers 2,671 SF of total living space on an oversized 2,550 SF lot, with thoughtful upgrades throughout. The upper unit features 4 bedrooms, 2 bathrooms, and 1,542 SF of space with wide plank wood flooring, a bright front balcony, and a luxurious primary

    Tim Carr Pacific Sotheby's Int'l Realty

    Section Image
  • 212 Orange St, Newport Beach, CA 92663

    $2,879,000

    • 5 Beds
    • 3 Baths
    • 1,968 Sq Ft
    • 212 Orange St
    • Newport Beach, CA

    ***Remodeled Newport Shores Duplex*** 2 modern upgraded units await the pickiest buyers and renters. Both units have a perfect beach compatible wide plank luxury vinyl throughout. Upgraded recessed lights, brand new kitchens with stylish single basin sinks, bathrooms with glass showers and custom tile work. Everything is complemented perfectly with favorite colored hardware and fixtures. The 3

    Michael Scott The Office Real Estate Comp.

    Section Image

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC25083533

California Regional Multiple Listing Service (CRMLS)

APN: 424-412-17