Listing by: Jon Flagg, Pacific Sotheby's Int'l Realty, 949.698.1911

4 Beds

3 Baths

2,449 SqFt

Active Under Contract

Nestled in an enviable location just steps from one of Newport's most renowned surfing beaches and just a few strides from the bay should you wish to enjoy a bit of tranquility, this vintage, approximately 2500sf duplex presents an exceptional opportunity for both homeowners and investors. With a little vision, work with the existing bones of this home to create an ideal beach home, or optimize this desirable corner location and construct the home of your dreams. The property features a front unit boasting 3 bedrooms (3rd bedroom converted to a den) and 2 bathrooms plus a large, west-facing patio, complemented by a well-maintained rear unit offering 1 bedroom and 1 bathroom and private balcony, providing flexibility for occupants or potential rental income. Its prime position offers easy access to a vibrant dining and shopping scene, enhancing the lifestyle appeal for residents and attracting potential tenants. With its vintage charm and solid foundation, this property serves as a canvas for enhancement, inviting buyers to customize and upgrade to suit their needs. Property to be sold in as-is condition and seller will not provide any repairs nor credits.

Property Details
Price $2,495,000
Bedrooms 4
Full Baths 2
Half Baths 1
Total Baths 3
Lot Size Area 2818
Lot Size Area Units Square Feet
Acres 0.0647
Property Type Residential
Sub type Duplex
MLS Sub type Duplex
Stories 2
Features Beamed Ceilings,Open Floorplan
Exterior Features Balcony
Year Built 1965
Subdivision Central Newport (CNEW)
View Neighborhood
Waterfront Beach Access
Heating Wall Furnace
Lot Description 0-1 Unit/Acre
Laundry Features In Garage
Pool features None
Parking Description Direct Garage Access
Parking Spaces 2
Garage spaces 2
Association Fee 0
Geographic Data
Directions Cross street West Balboa
County Orange
Latitude 33.619021
Longitude -117.935641
Market Area N8 - West Newport - Lido
Address Information
Address 212 40th Street, Newport Beach, CA 92663
Postal Code 92663
City Newport Beach
State CA
Country United States
Listing Information
Listing Office Pacific Sotheby's Int'l Realty
Listing Agent Jon Flagg
Listing Agent Phone 949.698.1911
Buyer Agency Compensation 2.500
Attribution Contact 949.698.1911
Buyer Agency Compensation Type %
Compensation Disclaimer The offer of compensation is made only to participants of the MLS where the listing is filed.
Special listing conditions Standard
Virtual Tour URL https://my.matterport.com/show/?m=wTYho46tDWR&brand=0&mls=1&
School Information
District Newport Mesa Unified
MLS Information
Days on market 7
MLS Status Active Under Contract
Listing Date Apr 19, 2024
Listing Last Modified Apr 26, 2024
Tax ID 42330701
MLS Area N8 - West Newport - Lido
MLS # NP24078002

This information is believed to be accurate, but without any warranty.
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