Tyler Brown RE

125 41st, Newport 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.

JUST LISTED | 419 E Balboa, Newport Beach, CA 92661

One house from the boardwalk. Two fully independent residences, built and finished to a single standard of quality, on one of the Balboa Peninsula's most coveted blocks. The primary residence at 419 E Balboa is ground-up newer construction, completed in 2017 across three thoughtfully designed levels. Three bedrooms, four bathrooms, private elevator, and a rooftop deck with open ocean and Balboa Pier views that redefine what it means to live on the Peninsula. The upper-level living space opens seamlessly to the outdoors, offering light, air, and water in every direction. This is a well-executed home perfectly positioned just one house from the boardwalk. The second residence at 417 E Balboa is a completely renovated three-bedroom, three-bathroom home with a private office, rebuilt and refreshed to a high standard. It features hardwood floors on the upper level, luxury porcelain tile on the lower, spacious bedrooms, an office, and a main-level primary bedroom. Fully independent and turnkey, 417's existing layout—with dual living areas, a full kitchen, and a kitchenette across its two levels—lends itself naturally to a range of income strategies, including ADU conversion on the lower level potentially creating a multi-unit rental opportunity. The property is also zoned for short term rentals, with permit availability subject to the City's current waitlist. Together: 6 bedrooms, 7 bathrooms, across over 3,450 interior square feet with ample parking— a genuine rarity on the Peninsula — and a location one house from the boardwalk. The primary residence delivers the lifestyle. The second delivers the flexibility. That combination, at this location, doesn't come around often.

FOR SALE | 5109 Seashore Dr, Newport Beach 92663

5109 Seashore Drive, currently under construction, sits directly on the Newport shore, with nothing but sand between the front patio and the Pacific. The position is exceptional. What is being built to meet it is equally so.

FOR SALE | 306 E Oceanfront, Newport Beach 92661

Positioned directly on the Balboa Peninsula boardwalk, 306 E Oceanfront is a ground-up oceanfront residence currently under construction, offered now to a discerning buyer who understands the rarity of what’s in front of them. The views are unobstructed. The Pacific is at the doorstep.

FOR SALE | 1320 W Balboa Blvd, Newport Beach, CA 92661 | MLS #NP25108122

1320 W Balboa Blvd, Newport Beach, CA 92661 is a townhouse listed for sale at $3,850,000. This is a 7-bed, 5-bath, 2,371 sqft property.

FOR SALE | 1658 Topanga, Costa Mesa, CA 92627 | MLS #NP25218954

1658 Topanga, Costa Mesa, CA 92627 is a townhouse listed for sale at $1,580,000. This is a 3-bed, 5-bath, 2,142 sqft property.

SOLD | 341 Vista Baya, Costa Mesa CA 92627

4bd 3bd | 4590 sf | 10,800 sf lot

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