204 44th St Newport Beach, CA 92663
West Newport Beach NeighborhoodEstimated payment $39,728/month
Total Views
11,139
6
Beds
5.5
Baths
4,000
Sq Ft
$1,575
Price per Sq Ft
Highlights
- All Bedrooms Downstairs
- Main Floor Bedroom
- No HOA
- Newport Elementary School Rated A
- Loft
- 1-minute walk to Channel Place Park
About This Home
INVESTOR ALERT**TWO SIDE BY SIDE STAND-ALONE Modern Cape Cod homes with 2 Highly Coveted TRANSFERABLE SHORT TERM RENTAL PERMITS* The wait list on these permits are long. Currently there are over 600 applicants on the list and people have waited for years and may not even get one. We have TWO. There are some areas that are not zoned for short term rentals so if you own in those areas, you will not be able to get a permit.
**Main House:**
- **Size:** 2,700 sqft
- **Layout:** 4 Bedrooms, 4 Bathrooms
- **Highlights:** Spacious, open-concept living areas, gourmet kitchen, luxurious primary suite with a private beach view deck. The front house boasts a cool industrial roll-up glass door that opens up the home to your private front patio.
**Second House:**
- **Size:** 1,300 sqft
- **Layout:** 2 Bedrooms + Loft, 2 Bathrooms
- **Highlights:** Cozy yet modern design, additional living space ideal for guests or extended family, and a versatile loft area.
**Additional Features:**
- **Short-Term Rental Permits:** 2 Transferable STR permits. Waits for permits as long as 3 years.
- **Parking:** 4-car garage
- **Furnishing:** Both homes are fully furnished and move-in ready
- **Turnkey Business:** Professionally managed with projected revenue of $275,000 annually
- **Custom Local Art:** Walls adorned with unique local artwork included
- **Outdoor Gear:** Paddle boards and surf gear included
- **Artistic Flair:** Cool custom mural painted by a renowned local artist
- **Prime Location:** Steps to the bay for launching your SUPs and just a block from Tower 44 Beach
- **Outdoor Amenities:** Private outdoor shower between both homes
- **Entertainment Space:** Entertainer's outdoor front patio lounge reminiscent of a beach club vibe in the Hamptons
- **Unique Features:** A spiral staircase leads you to the third-floor upper-level bedroom suite with a private bathroom and access to the outdoor deck
- **Private Entrances:** Homes have multiple private entrances
- **Rental Flexibility:** The homes can be rented individually or as one home for large groups
This property is more than just a home; it's a lucrative investment opportunity, professionally managed. An investor packet detailing the breakdown of revenue and expenses is available. Whether you're looking for a luxurious family residence, an income-generating property OR BOTH, 204 44th Street offers unparalleled potential and value.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1983
Lot Details
- 3,049 Sq Ft Lot
- No Common Walls
- Density is 2-5 Units/Acre
Parking
- 4 Car Attached Garage
Home Design
- Duplex
Interior Spaces
- 4,000 Sq Ft Home
- 2-Story Property
- Living Room with Fireplace
- Loft
- Neighborhood Views
Bedrooms and Bathrooms
- 6 Bedrooms | 1 Main Level Bedroom
- All Bedrooms Down
- All Upper Level Bedrooms
Laundry
- Laundry Room
- Laundry in Garage
Utilities
- Central Heating and Cooling System
Listing and Financial Details
- Legal Lot and Block 2 / 143
- Tax Tract Number 164
- Assessor Parcel Number 42329505
- $528 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 2 Units
- Balboa Peninsula Subdivision
Recreation
- Park
- Water Sports
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/02/2025 03/02/25 | Price Changed | $6,299,000 | 0.0% | $1,575 / Sq Ft |
| 03/02/2025 03/02/25 | Price Changed | $6,299,000 | -3.1% | $1,575 / Sq Ft |
| 02/28/2025 02/28/25 | Price Changed | $6,499,000 | 0.0% | $1,625 / Sq Ft |
| 02/28/2025 02/28/25 | Price Changed | $6,499,000 | -7.2% | $1,625 / Sq Ft |
| 11/08/2024 11/08/24 | For Sale | $7,000,000 | 0.0% | $1,750 / Sq Ft |
| 11/07/2024 11/07/24 | Price Changed | $7,000,000 | -10.3% | $1,750 / Sq Ft |
| 10/02/2024 10/02/24 | For Sale | $7,800,000 | +291.0% | $1,950 / Sq Ft |
| 06/13/2016 06/13/16 | Sold | $1,995,000 | -4.8% | $725 / Sq Ft |
| 04/28/2016 04/28/16 | Pending | -- | -- | -- |
| 04/25/2016 04/25/16 | For Sale | $2,095,000 | +55.2% | $762 / Sq Ft |
| 04/28/2015 04/28/15 | Sold | $1,350,000 | -12.9% | $508 / Sq Ft |
| 03/31/2015 03/31/15 | Pending | -- | -- | -- |
| 02/24/2015 02/24/15 | For Sale | $1,550,000 | -- | $584 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Similar Homes in the area
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC24204441
APN: 423-295-05
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