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125 41st

Newport Beach, CA 92663
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Bed 4

Bed

Bath 2

Bath

SqFt2,550

Sqft(Lot)

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.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $3,450,000

AD Id : 91288937

MLS Id : OC26202745

Beds : 4

Lot Size : 2,550 Sq. Ft

Year Built : 1958

Garage : 2

County : Orange

Subdivision: Lehigh Acres

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Feature Features

  • Interior Features

    BeamedCeilings, CeilingFans, LaminateCounters, QuartzCounters, BedroomOnMainLevel
    Roof: Composition
    Appliances: BuiltInRange, ElectricOven, GasCooktop, Disposal, GasOven, GasRange, Microwave, Refrigerator, VentedExhaustFan, WaterToRefrigerator, WaterHeater
    Laundry Features: InGarage
  • Heating & Cooling

    Has Heating: Yes Heating: Fireplaces, WallFurnace Cooling: None

  • Building Information

    Year Built: 1958
    Building Area Total: 1620
    Stories: 2
    Pool Features: None
    Private Pool: No
    Water front Features: OceanSideOfHighway
    View: Mountains, Neighborhood, Ocean, PeekABoo

  • Lot Information

    Main Square Feet: 2550 Lot Size Acres: 0.0585 Lot Size Source: Assessor Lot Size Square Feet: 2,550 Lot Description: TwoToFiveUnitsAcre

    Property Information

    Subdivision: West Newport Beach (WSNB) Source Property Type: ResidentialIncome Property SubType: Duplex Levels: Two,MultiSplit Property Age: 68

  • Listing Price Information

    Listing Price: $3450000
    Conventional

  • Tax Information

    Parcel Number: 42331118 Tax Lot: 16 Tax Block: 41

  • Parking Information

    Parking Total: 2 Garage, GarageFacesRear

    Garage Information

    Has Garage: Yes Garage Space: 2

  • Utility Information

    CableConnected, ElectricityConnected, SewerConnected, WaterConnected
  • Location Information

    Direction: Balboa Blvd to 41st st. WaterSource: Public
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Nearby Home Value

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439 Via Lido Soud, Newport Beach, CA, 92663 $8,395,000 7 5 -- 2,810 Sq. Ft
423 Via Lido Soud, Newport Beach, CA, 92663 $8,795,000 5 3 2,691 3,267 Sq. Ft
1527 W Balboa, Newport Beach, CA, 92663 $3,995,000 5 3 -- 2,561 Sq. Ft
1527 W Balboa, Newport Beach, CA, 92663 $3,995,000 5 3 2,000 2,561 Sq. Ft
1733 W Balboa Boulevard, Newport Beach, CA, 92663 $4,599,000 10 5 -- 4,200 Sq. Ft
406 Clubhouse, Newport Beach, CA, 92663 $3,150,000 5 4 -- 2,631 Sq. Ft
2212 W Oceanfront, Newport Beach, CA, 92663 $5,795,000 5 5 -- 3,049 Sq. Ft
2212 W Oceanfront, Newport Beach, CA, 92663 $5,795,000 5 5 3,002 3,049 Sq. Ft

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ByOwner last updated this listing 09/27/2026 @ 04:12

MLS: OC26202745 LISTED BY: Troy Seeber, Compass 949-438-4340 SOURCE: CRMLS

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