125 41st
Overview
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.
Details
General
- Type
- Multi-family
- Square footage
- 1,620 sq. ft.
- Lot size
- 2,550 sq. ft.
- Year built
- 1958
- Stories
- 2
- Pool
- No
- Garage
- Yes
- Parking spaces
- 2
Included features
Listing information
- MLS #
- OC26202745
- APN
- 42331118
- Listing Agent
- Tyler Brown, Compass
- Attribution Contact
- 949-630-8108
- Status
- Active
Location
- Neighborhood
- West Newport Beach (wsnb)
- County
- Orange
- Address
- 125 41st, Newport Beach, CA 92663