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$3,385,000
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Property Description
INCOME TODAY. OPPORTUNITY TOMORROW
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.
Full Property Details
Full Property Details for 125 41st
General
- Price: $3,385,000
- Status: Active
- Type: Duplex
- Source: MRMLS
- MLS ID: NP26202705
- Updated: 11/1/2026
- Days on Market: 48 days
- Added to Site: 48 day(s) ago
Interior
- Rooms/Areas: Multi-Level Bedroom, Kitchen, Main Floor Bedroom
- Interior Features: Quartz Counters, Ceiling Fan(s), Formica Counters
- Fireplace: Yes
- Fireplace(s): Gas, Masonry, Living Room
- Eating Areas: Area, Breakfast Nook
- Appliances: Water Heater, Disposal, Built-In Range, Refrigerator, Barbecue, Range Hood, Electric Oven, Gas Oven, Dishwasher
- Flooring: Tile, Vinyl, Wood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Gas Dryer Hookup, In Garage, Washer Hookup, Washer Included, Dryer Included
Additional Information
- Pool Description: None
- Spa Description: None
Exterior
- Deck/Patio: Concrete
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking: Garage, Garage Faces Rear, Street
Location
- County: Orange
- Subdivision: West Newport Beach (WSNB)
- Driving Directions: Balboa Blvd to 41st
School Information
- School District: Newport Mesa Unified
- Elementary School: NEWHEI
- Middle School: ENSIGN
- High School: NEWHAR
Community
- Community Features: Gutters, Curbs, Watersports, Street Lights, Storm Drains, Sidewalks, Suburban
Heating & Cooling
- Cooling Type: None
- Heating Type: Wall Furnace
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Cottage, Bungalow
- Structure Type: Duplex
- Foundation: Slab
- Roof: Composition
- Common Walls: No Common Walls
- Windows: Double-Pane Windows
- Entry Location: 1
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 1,620
- Sq. Ft. Source: Assessor
- Year Built: 1958
- Year Built Source: Assessor
Lot Features
- Property View: Ocean, Mountain(s), Neighborhood, Peek-a-Boo
- Lot Size (Acres): 0.058
- Lot Size (Sq. Ft.): 2,526
- Lot Size Source: Assessor
- Lot Description: 0-1 Unit/Acre
- Fencing (Description): Block
Financial Considerations
- Price Per Sq. Ft.: $2,089.51
Disclosures and Reports
- Special Conditions: Standard
Listed by Serhant California, Inc, Tyler Brown and Compass, Troy Seeber
Get Pre-Approved Today
Schools
Schools serving 125 41st
School District:Newport-Mesa Unified School District
| Name | Grades | Distance |
|---|---|---|
Newport Elementary School 1327 West Balboa Boulevard, Newport Beach, CA 92661 | K-6 | 1.4 mi |
Horace Ensign Intermediate School 2000 Cliff Drive, Newport Beach, CA 92663 | 7-8 | 1.3 mi |
Newport Harbor High School 600 Irvine Avenue, Newport Beach, CA 92663 | 9-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 125 41st
Date
Details
Price
Change
Source
10/14/2026
Price Reduced
$3,385,000
-1.88%
MLS
9/16/2026
Listed
$3,450,000
541.26%
MLS
1/03/2001
Sold
$538,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 125 41st
Year
Property Taxes
Change
Tax Assessment
Change
2025
$9,064
—
$826,888
2%
2025
$9,064
2%
$810,675
2%
2024
$8,914
2%
$794,780
2%
2023
$8,701
2%
$779,197
2%
2022
$8,552
2%
$763,919
2%
2021
$8,390
1%
$748,941
1%
2020
$8,309
2%
$741,262
2%
2019
$8,145
2%
$726,728
2%
2018
$7,986
2%
$712,479
2%
2017
$7,846
2%
$698,509
2%
2016
$7,674
1%
$684,813
2%
2015
$7,599
2%
$674,527
2%
2014
$7,421
1%
$661,314
—
2013
$7,377
—
$658,326
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 125 41st
125 41st, Newport Beach, CA 92663 (MLS# NP26202705) is a Duplex property with 4 bedrooms and 2 full bathrooms. 125 41st is currently listed for $3,385,000 and was received on September 16, 2026. Want to learn more about 125 41st? Do you have questions about finding other Duplex real estate for sale in Newport Beach? You can browse all Newport Beach real estate or contact a Coldwell Banker agent to request more information.
