131 46th st, Newport Beach, CA 92663
Active
$3,795,000
5%
2 Units
6 Beds
4 Baths
2,440 Area(sq.ft.)
Lot: 2,614 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 2 | 3 | 2 | n/a | n/a | $ 8,500 | |
| Unit 2 | 2 | 3 | 2 | n/a | n/a | $ 8,500 | |
| 4 | 12 | 8 | $ 0 | $ 0 | $ 34,000 |
| MLS #: | OC25083533MR |
| Days On Market: | 293 |
| Listing Date: | April 17, 2025 |
| County: | Orange County |
| Property Type: | Residential Income |
| Price per ft2: | $ 1,555 |
| Price per unit: | $ 1,897,500 |
| Year Built: | 1988 |
Property Details
Live the beach lifestyle in this beautifully remodeled duplex, ideally located on the Peninsula of Newport Beach, offers 2440 sq ft of bright, open-concept living just steps from the sand. A rare opportunity to own a move-in-ready coastal income property with unbeatable convenience and lifestyle appeal. The upper unit showcases 1064 sq ft of intelligent modern design with seamless indoor-outdoor flow-perfect for soaking in ocean breezes and vibrant sunsets from the front deck. The lower level offer 1376 sq ft of living area that opens to the outside patio for relaxing enjoyment. Each level offers 3 bedrooms, 2 bathrooms, and private spaces tailored for residents or guest alike. This home has been meticulously upgraded with premium finishes, sleek fixtures and energy efficient systems that blend style with comfort. The attached 3-car garage provide convenience that's rare for the area. Whether you're looking for a primary residence, a vacation getaway, or an investment opportunity with a 3% cap rate rental potential, this duplex delivers. The property is ideal for 1031 exchange buyers and those eager to capitalize on Newport Beach's thriving rental market. Live the dream in one of SoCal's hottest beaches and earn while you do it!! Live in one unit and rent out the other. Available for Lease.Interested in this Listing?
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Income Details
| Rent Control: | False |
| Total Annual Expense: | $ 0 |
| Net Operating Income: | $ 0 |
| Cap Rate: | 4% |
| Actual Gross Rent: | $ 15,000 |
Structure
| Community Features: | Biking, Curbs, Sidewalks |
| Security Features: | Carbon Monoxide Detector(s), Fire and Smoke Detection System |
| Sewer: | Public Sewer |
| Water: | Public |
Land & Parking
| Land Lease Type: | Fee |
| Parking Garage: | Door Opener, Garage |
Interior
| Cooking Appliances: | Microwave, Oven-Gas, Range, Self Cleaning Oven |
| AC/Cooling: | Central |
| Equipment: | Dishwasher, Inside, Microwave, Refrigerator |
| Heating: | Central |
| Fireplace Rooms: | Family Room |
| Laundry: | Inside |
Exterior
| Pool: | No |
| Spa: | No |
Detailed Map
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