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Listed by Lawrence Cech, DRE #02211873 • Keller Williams Coastal Prop.
$5,995,000
Est. payment /mo
3,598 Sqft Lot
New
111 38th Newport Beach, CA 92663
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Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRPW26233559
Style Other
Year Built 1963
Lot Size 3,598 Sqft
Property Sub-Type Duplex
Source California Regional MLS
Property Description
Just three houses from the beach on Newport Beach's Balboa Peninsula, this beautifully renovated oceanview duplex combines quality, location and a proven rental track record. With two rare short-term rental permits and over $320,000 in seller-reported gross rental income in 2025, along with multiple weeks reserved for personal use, this is an incredible opportunity to own an established coastal investment in a highly desirable beachside setting. The first-floor residence features two bedrooms and one bathroom, while the second-floor residence offers three bedrooms and two bathrooms. Each has its own kitchen, living room and dining area, providing flexibility for vacation rentals, personal use or gathering family and friends with space and privacy. Bright interiors and tasteful renovations create a relaxed, welcoming atmosphere throughout both residences. Modern kitchens feature stainless steel appliances, wine refrigerators and islands with bar seating. Comfortable living and dining areas connect with inviting outdoor spaces, including an upper deck, a generous lower patio and an outdoor fire pit with built-in seating. From morning coffee to outdoor dining after a day at the beach, the property is designed to make the most of its coastal location. Two assigned parking spaces,
Location
State CA
County Orange
Area Np - Balboa Peninsula
Rooms
Kitchen Dishwasher, Microwave, Other, Oven - Gas
Interior
Heating Central Forced Air
Cooling Central AC
Laundry In Laundry Room, Washer
Exterior
Parking Features Carport
Garage Spaces 2.0
Pool 31, None
View Ocean
Roof Type 2
Building
Foundation Other
Water District - Public
Architectural Style Other
Others
Tax ID 42332212
Special Listing Condition Not Applicable
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