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125 41st, Newport Beach, CA 92663

$3,385,000 Approx. USD 4 beds, 2 baths
1,620 sqft

Open House 11/14 11:00 AM - 2:00 PM

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Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128 888-995-7575

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Listing Agent

Tyler Brown | tyler@tylerbrownre.com
Lic#: 02043514
Broker: Courtesy of Serhant California, Inc
Phone: 949-697-2781

Co Listing Agent

Troy Seeber | troy.seeber@compass.com
Lic#: 02002512
Broker: Courtesy of Compass
Phone: 949-630-8108

Agent Remarks

Balboa Peninsula duplex with two short-term rental permits. Income today, redevelopment potential tomorrow. Located in the heart of Newport Beach’s Balboa Peninsula, just a short walk to the beach, surf, and boardwalk, 125 41st Street presents a rare opportunity to acquire an established coastal investment property with immediate rental income and long-term upside. The property features two 2-bedroom, 1-bath residences totaling approximately 1,620 square feet on a 2,550-square-foot (30’ x 85’) lot. Both units operate as vacation rentals under separate short-term rental (STR) permits, offering an established rental history and professional property management already in place. For investors seeking additional upside, the property offers value-add potential through strategic improvements, with opportunities to enhance rental performance while maintaining its existing income-producing use. Beyond the current rental operations, the property presents potential for redevelopment into two new-construction condominiums, providing the flexibility to generate rental income today while exploring future development opportunities on the Peninsula. Whether your strategy is to hold an income-producing Newport Beach duplex, capitalize on the area’s vacation rental market, or pursue future redevelopment, 125 41st Street offers multiple paths to ownership and long-term value creation in one of Southern California’s most desirable coastal communities. Two residences. Two STR permits. Multiple investment strategies. One exceptional Newport Beach location.

Listing Details

Property type: Duplex (Single Family)

Status: Active

MLS# NP26202705

List price is $3,385,000 Reduced by $65,000 on 10/14/2026

Price: $3,385,000

HOA Fee is $0.00

Beds: 4

Baths: 2 (2 full)

Gas,Living Room,Masonry fireplaces

Built in 1958

1,620 sqft

2 stories

0.06 acres

Lot size: 0.0585

Subdivision: West Newport Beach (WSNB)

County: Orange

Property style: Bungalow,Cottage

Interior features: Breakfast Area,Ceiling Fan(s),Laminate Counters,Quartz Counters,Bedroom on Main Level

Appliances: Built-In Range,Barbecue,Dishwasher,Electric Oven,Disposal,Gas Oven,Refrigerator,Range Hood,Water Heater,Dryer,Washer

Parking description: Garage,Garage Faces Rear,On Street

Lot description: ZeroToOneUnitAcre

Heating/cooling: None

Heating description: Wall Furnace

MLS area: N8 - West Newport - Lido

Last Updated: 11/13/2026

Days On Market (DOM): 58

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This listing belongs to the N8 - West Newport - Lido MLS area

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The style of this listing is Bungalow,Cottage.
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Lat/Long: 33.619283, -117.937010.
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Source: CRM. Also Available in OC26202745,

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