128 39Th St Newport Beach, CA 92663

• February, 2023

• Feb 21, 2023

  Date

  Active

  CRMLS: PW23030148

  $3,250,000

  Price

• Feb 21, 2023

  Date

  Sold

  CRMLS: PW23030148

  $3,250,000

  Price

• December, 2022

• Dec 20, 2022

  Date

  Expired

  CRMLS: PW22205065

  $3,500,000

  Price

• Sep 30, 2022

  Date

  Active

  CRMLS: PW22205065

  $3,500,000

  Price

• Listing provided courtesy of CRMLS

  Truly remarkable duplex w/Great rate of return on investment because of the Newport Beach City Approved "Short-Term Permits!" allowing this property to enjoy the premium income of Newport Beach Summer Weekend and Weekly premium rental rates. Of the nearly 50,000 housing units in Newport Beach, this property comes with two of the only ±1,550 short-term rental permits allowing investors to benefit from the annual 6.9 million visitors to NB, each year. This area is renown for having a proven yearly flow of summertime beach travel and demand continues in current rental history as heading to the beach is always popular... Located a few houses to beach in arguably the premier area for Newport Beach rentals; close to the pier, restaurants, bars, and fun activities but far enough away to avoid the major congestion. Currently, owner is averaging about $40,000+ per month in summer rental income and over 90% occupancy rates during available times with bookings. There were recent updates to the interior and exterior of both of the homes & all new furniture throughout both units and patios is included as part of rental package income. Some of these many Recent upgrades just completed: Professionally Textured & Painted Ceilings/Walls (eggshell), w/White semi gloss trim & Newer plank-style flooring Plus Many New Light fixtures and Ceiling Fans. Architecturally appealing both condo have that, "open floorplan concept", flowing from, outdoor Patio's to entry's of each into an Extra Large Living room's in both condo's, and each condos living rooms Opens wide into nicely upgraded Big Kitchen's as you expect to find in a condo with a nice spacious Open Floor-plan lay-out. Beachfront Downstairs condo layout listed as: 3 Br, 1 full Ba. + 3/4 Ba, + 1/2 Ba. lives as: A 2 bedroom, 1.5 bath front 1930's Original with hints of it's "Vintage Charm complete with 1930 outdoor beach living patio". Plus a newer more recently built larger part of second unit & garages & includes a bottom "Motel Type room." This Motel room is built w/Complete In-Suite 3/4 bathroom & window & is located downstairs behind the 2 units laundry room & includes current washer & dryer rental system. Newer section Rooftop Patio serves as your upstairs condo's very private fully furnished outdoor living patio, great for entertaining, cool ocean breezes & it's just steps to the sand...

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• April, 2022

• Apr 24, 2022

  Date

  Sold

  CRMLS: OC21246428

  $2,850,000

  Price

• Feb 18, 2022

  Date

  Active Under Contract

  CRMLS: OC21246428

  $2,950,000

  Price

• Nov 10, 2021

  Date

  Active

  CRMLS: OC21246428

  $2,950,000

  Price

• Listing provided courtesy of CRMLS

  Opportunity is knocking! Priced significantly below recent appraised value, this adorable California Mission-style bungalow is just steps from the sand and surf in popular West Newport Beach! Completely remodeled R-2 property that can live like a single family with an upper income unit at the rear of the property. Charming three bedroom, two bath front unit accented by hardwood floors, separate dining area, upgraded kitchen and large sunny front patio with views to the water. Cozy upper two bedroom, one bath unit with open living, dining and kitchen areas highlighted by travertine stone floors, granite counters and custom tile work throughout. Adjoining terrace perfect for al fresco dining and taking in the sights! There is also a separate inside laundry area for both units and a large two car attached garage. With a solid vacation rental history in excess of $100k per year this is a great income opportunity equally well-suited for an owner to enjoy as a weekend retreat at the beach. Alternatively rent weekly in summer months and monthly during winter...the best of both worlds! A property full of possibilities for anyone wanting a carefree investment with easy access to one of the favored beaches and surf spots along the Southern California coastline.

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• April, 2022

• Apr 24, 2022

  Date

  Sold

  CRMLS: NP21251371

  $2,850,000

  Price

• Listing provided courtesy of CRMLS

  Opportunity is knocking! This California Mission-style bungalow is just steps from the sand and surf in popular West Newport Beach! Completely remodeled R-2 property that can live like a single family with an upper income unit at the rear of the property. Charming three bedroom, two bath front unit accented by hardwood floors, separate dining area, upgraded kitchen and large sunny front patio with views to the water. Cozy upper two bedroom, one bath unit with open living, dining and kitchen areas highlighted by travertine stone floors, granite counters and custom tile work throughout. Adjoining terrace perfect for al fresco dining and taking in the sights! There is also a separate inside laundry area for both units and a large two car attached garage. With a solid vacation rental history in excess of $100k per year this is a great income opportunity equally well-suited for an owner to enjoy as a weekend retreat at the beach. Alternatively rent weekly in summer months and monthly during winter...the best of both worlds! A property full of possibilities for anyone wanting a carefree investment with easy access to one of the favored beaches and surf spots along the Southern California coastline.

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• August, 2018

• Aug 14, 2018

  Date

  Leased

  CRMLS: NP18162607

  $2,700

  Price

• Jul 10, 2018

  Date

  Active

  CRMLS: NP18162607

  $2,700

  Price

• Listing provided courtesy of CRMLS

  WINTER RENTAL This adorable villa located just seven houses from the sand has a large front patio with an ocean view. There are two bedrooms, one bath with the option of adding a casita with an additional bedroom and bath. The spacious living room offers hardwood floors, plenty of seating, natural light and a large flat screen TV. The kitchen has newer appliances, including a dishwasher, natural stone counter tops, tiled floors with eat in dining and seating for four. The master bedroom is furnished with a queen bed, built in closet, and dresser. The second bedroom has two twin beds with the cutest spinning headboards! Both rooms have flat screen televisions and ceiling fans. The newly remodeled bathroom has floor to ceiling stone tiles in the enclosed tub/shower. Outside there is an outdoor shower to enhance the beach lifestyle and a shared washer and dryer in the laundry room. There is one space in the oversized two car garage.

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• January, 2017

• Jan 4, 2017

  Date

  Sold (Public Records)

  Public Records

  $2,090,000

  Price

• September, 2003

• Sep 30, 2003

  Date

  Sold (Public Records)

  Public Records

  $873,000

  Price

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