125 41st
Overview
INCOME TODAY. OPPORTUNITY TOMORROWA 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
- Bedrooms
- 4
- Bathrooms
- 2 full
- Square footage
- 1,620 sq. ft.
- Lot size
- 2,526 sq. ft.
- Year built
- 1958
- Stories
- 2
- Pool
- No
- Garage
- Yes
- Parking spaces
- 2
Included features
Listing information
- MLS #
- NP26202705
- APN
- 42331118
- Listing Agent
- Tyler Brown, Serhant California, Inc
- Attribution Contact
- 949-220-4409
- Status
- Active
Location
- Neighborhood
- West Newport Beach (wsnb)
- County
- Orange
- Address
- 125 41st, Newport Beach, CA 92663