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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 Type(s):
Residential Income
| Last Updated | 10/14/2026 | Tract | West Newport Beach (WSNB) |
|---|---|---|---|
| Year Built | 1958 | Community | N8 - West Newport - Lido |
| Garage Spaces | 2.0 | County | Orange |
Price History
| Prior to Oct 14, '26 | $3,450,000 |
|---|---|
| Oct 14, '26 - Today | $3,385,000 |
Additional Details
| AIR | None |
|---|---|
| APPLIANCES | Built-In Range, Disposal, Electric Oven, Gas Cooktop, Gas Oven, Gas Range, Microwave, Refrigerator, Vented Exhaust Fan, Water Heater |
| AREA | N8 - West Newport - Lido |
| FIREPLACE | Yes |
| GARAGE | Yes |
| HEAT | Fireplace(s), Wall Furnace |
| INTERIOR | Beamed Ceilings, Ceiling Fan(s), Laminate Counters |
| LOT | 2548 sq ft |
| LOT DIMENSIONS | 2550 |
| PARKING | Garage, Garage Faces Rear |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | Two, Multi/Split |
| STYLE | Bungalow, Cottage, Traditional |
| SUBDIVISION | West Newport Beach (WSNB) |
| UTILITIES | Cable Connected, Electricity Connected, Sewer Connected, Water Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | Mountain(s), Neighborhood, Ocean |
| WATER | Public |
Location
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Listed with Compass
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2026.
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