125 41st
Newport Beach, CA 92663
Listing broker / agent: Compass · Troy Seeber · 949-630-8108 · CRMLS
MLS # OC26202745 · Last checked Oct 19, 2026 04:22 UTC
About this property
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.
Property details
- MLS number
- OC26202745
- Status
- Active
- Type
- Residential Income
- Subtype
- Duplex
- Lot size
- 0.0585 acres
- County
- Orange
- Year built
- 1958
- Stories
- 2
More property detailsCollapse
Listing
- Days on market
- 32
Building
- Year built
- 1958
- Year built source
- Public Records
- Architectural style
- Bungalow, Cottage, Traditional
- Stories
- 2
- Building stories
- 2
- Levels
- Two, Multi Split
- Entry level
- 0
- Roof
- Composition
- Foundation
- Slab
Rooms & interior
- Rooms
- Bedroom, Kitchen, Living Room, Primary Bathroom, Other
- Appliances
- Built In Range, Electric Oven, Gas Cooktop, Disposal, Gas Oven, Gas Range, Microwave, Refrigerator, Vented Exhaust Fan, Water To Refrigerator, Water Heater
- Interior features
- Beamed Ceilings, Ceiling Fans, Laminate Counters, Quartz Counters, Bedroom On Main Level
- Flooring
- See Remarks, Tile, Vinyl
- Heating
- Fireplaces, Wall Furnace
- Cooling
- None
- Fireplace
- Gas, Living Room, Masonry
- Laundry
- In Garage
Exterior & parking
- Total parking spaces
- 2
- Garage spaces
- 2
- Parking
- Garage, Garage Faces Rear
- Pool
- None
- Spa
- None
- Lot features
- Two To Five Units Acre
- Lot size source
- Assessor
- Fencing
- Block, Stucco Wall
- Property outlook
- Mountains, Neighborhood, Ocean, Peek A Boo
Utilities & community
- Water
- Public
- Sewer
- Public Sewer
- Utilities
- Cable Connected, Electricity Connected, Sewer Connected, Water Connected
- Community features
- Curbs, Storm Drains, Street Lights, Suburban, Sidewalks
Fees & lease terms
- Association
- No
- Association fee
- $0.00
Nearby public schools
Nearby does not mean assigned. These are approximate straight-line distances from the property, not walking or driving routes. Confirm attendance boundaries, enrollment eligibility, grades and current school status directly with the district.
| School / district | Grades | Distance |
|---|---|---|
| Newport Heights Elementary (school website, opens in a new tab) Newport-Mesa Unified · Newport Beach | K–6 | 1.2 mi |
| Horace Ensign Intermediate (school website, opens in a new tab) Newport-Mesa Unified · Newport Beach | 7–8 | 1.2 mi |
| Newport Elementary (school website, opens in a new tab) Newport-Mesa Unified · Newport Beach | Not reported | 1.4 mi |
| Newport Harbor High (school website, opens in a new tab) Newport-Mesa Unified · Newport Beach | 9–12 | 1.4 mi |
| Whittier Elementary (school website, opens in a new tab) Newport-Mesa Unified · Costa Mesa | Not reported | 1.5 mi |
| International School for Science and Culture (school website, opens in a new tab) Orange County Department of Education · Costa Mesa | K–8 | 1.8 mi |
| Mariners Elementary (school website, opens in a new tab) Newport-Mesa Unified · Newport Beach | K–6 | 2.1 mi |
| Pomona Elementary (school website, opens in a new tab) Newport-Mesa Unified · Costa Mesa | Not reported | 2.2 mi |
Source: California Department of Education · 2025-26 school locations. Downloaded Oct 2, 2026 UTC. This annual snapshot may not reflect later changes. Public schools only; not a complete list of education options. No ratings or attendance assignments are provided.
Check the California School Directory ↗Price and tax history
Asking price
- Current asking price
- $3,385,000
- MLS-reported original asking price
- $3,450,000
- MLS-reported previous asking price
- $3,450,000
- MLS-reported last price change
- 2026-10-14 12:52 UTC
| Observed (UTC) | Asking price |
|---|---|
| Oct 14, 2026 20:39 | $3,385,000 |
| Oct 2, 2026 05:56 | $3,450,000 |
MLS values are reported for this listing, not prior sales. Observation dates show when our importer saw an asking price, not when the MLS changed it. Up to 24 observations are retained; changes between refreshes may be missed. This is not a complete price or sales history.
Property taxes
Tax history is not available from the imported listing data.
Source: MLS feed. Only supplied tax years are shown, up to 10 years; this is not a county tax archive. Amounts may be corrected and taxes may change after purchase. Verify assessments and current taxes with the county. These values do not automatically fill the payment calculator.
Market trends in Newport Beach
Active residential homes for sale in Newport Beach, CA, available through this website's authorized feed. Includes residential subtypes; excludes rentals. Not the entire market or a valuation of this property.
Observed price activity · past 30 days
24 currently active listings have an observed price-change pair ending in this period. A listing can appear in both counts.
Calculated 2026-10-19 04:48 UTC. Source: this website's authorized MLS inventory. Import progress, freshness rules and coverage affect the figures. Medians exclude missing/invalid values; price per sq ft is the median of individual listing ratios. Price observations are limited to the last 24 per listing and may miss changes between refreshes. This is not a complete 30-day market report, historical inventory trend, appreciation measure, or sold-price analysis.
Payment calculator
Explore a fixed-rate loan scenario. The price comes from this listing; a 20% down payment and 30-year term are starting assumptions, not requirements. Enter your own interest rate—not APR—and estimated costs.
Illustration only—not a rate quote, preapproval, lending offer or affordability determination. Assumes equal monthly payments on a fully amortizing fixed-rate loan; no adjustable rates, interest-only periods or balloon payments. Excludes closing costs, utilities, maintenance, special assessments and other unentered costs. Actual payments and escrow can differ. Review a Loan Estimate with your lender.
Understanding homeownership costs — CFPB ↗