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125 41stNewport Beach, CA 92663
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.
| 22 hours ago | Listing first seen on site | |
| 22 hours ago | Listing updated with changes from the MLS® |
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Property Details for 125 41st
This 4-bedroom, 2-bath home sits in the West Newport Beach neighborhood of Newport Beach in Orange County. It offers 1,620 square feet of living space and is listed at $3,450,000, about $2,130 per square foot. The home was built in 1958. Highlights include ocean and mountain views, a fireplace, an attached two-car garage, and cottage architecture. The detail sections on this page cover interior and exterior features, estimated taxes, HOA dues where they apply, and the map location.
About Newport Beach
Set along the Pacific in Orange County, Newport Beach surrounds Newport Harbor, where Balboa Island, Lido Isle, and the Balboa Peninsula frame one of California's largest recreational harbors. The city stretches from the Balboa and Newport piers to Corona del Mar and Fashion Island, within the Newport-Mesa Unified School District.
In West Newport Beach, 7 duplexes have closed in the last 12 months at a median of $4,100,000, based on recorded MLS closings. The median was 67 days on market before going under contract.
Estimated monthly payment
6.76% · 30-yr fixedEstimate only, not a loan offer or quote. Principal and interest use the Freddie Mac 30-year fixed average of 6.76% (week of Sep 10, 2026); your rate will differ. A loan this size is typically a jumbo loan, which prices differently. Tax and insurance are modelled, not billed amounts; tax uses a typical Newport Beach rate, excluding Mello-Roos. Verify all figures. Full assumptions and disclosures.
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Photos of 125 41st, Newport Beach
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Also for sale in Newport Beach: 125 41st, 121 41st, 115 41st Street, 207 43rd Street.
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