Active

129 45th Street

Newport Beach CA, 92663

$3,495,000


$1,505.17 per sqft

Active

5 Beds

4 Baths

2,322 sqft

Multi-family

Built in 1958

Listed by Greg Blake with Coldwell Banker Realty 949-500-8684

Discover the ultimate in coastal living with this extraordinary duplex, just 10 houses from the sand. Situated in the heart of the peninsula, this rare gem blends flexibility, charm, and opportunity. Whether you're seeking a family retreat, an investment property, or both, this home offers short-term rental permits already in place and countless options for modern beachside living. The front unit features 2 bedrooms and 1 bathroom, highlighted by high-beam ceilings, stylish finishes, and a charming fireplace in the living room. The entryway opens to a bright and airy living space that seamlessly connects to a well-equipped kitchen, a cozy dining area, and a generously sized patio--perfect for enjoying the ocean breeze or hosting friends and family. The back unit exudes beachside charm and versatility with 3 bedrooms and 3 bathrooms. Its open-concept kitchen flows effortlessly into the dining area and living room, complete with a fireplace. Additionally, the primary bedroom offers its own fireplace and direct access to a private balcony, creating a cozy retreat within this spacious unit. Both units offer direct access to a 2-car enclosed garage, conveniently backing to an alley, and each unit includes in-home laundry facilities for ultimate ease of living. Recent updates include a new roof completed in Spring 2024, ensuring peace of mind for years to come. Flexibility is at the heart of this property, offering multiple living and income opportunities: live in one unit and host visitors or family, live in one and rent the other, or maximize income potential with two short-term rentals already permitted and ready to go. The Pro-Forma prepared by Tower 17 Properties projects 2025 revenue of $242,283.42, showcasing its outstanding income potential. This duplex delivers modern comfort and timeless coastal allure. Don't miss your chance to own a piece of paradise--just moments from the sandy shores and minutes from the vibrant energy of the peninsula.

NP24250095

MLS ID

January 17, 2025

Listed

January 18, 2025

Updated

Map

129 45th Street
Newport Beach CA, 92663

Interior Features

Total Stories

2


Bedrooms

5


Total Bathrooms

4


Full Bathrooms

4


Interior Features

Beamed Ceilings, Breakfast Bar, Built-in Features, Balcony, Ceiling Fan(s), Separate/Formal Dining Room, Recessed Lighting, Bedroom on Main Level, Primary Suite


Appliances

Dishwasher, Freezer, Disposal, Gas Oven, Microwave, Refrigerator


Laundry Description

Inside, In Kitchen, Stacked, Upper Level


Floor Description

Carpet, Tile


Fireplace

Yes


Fireplace Description

Living Room, Primary Bedroom


Cooling

Yes


Cooling Description

Wall/Window Unit(s)


Heating

Yes


Heating Description

Fireplace(s), Wall Furnace

Exterior/Building Features

Lot Size

0.06 Acres


Exterior Features

Lighting, Rain Gutters


Lot Features

Street Level


Sewer

Public Sewer

School Information

School District

Newport Mesa Unified


High School

Newport Harbor


Elementary School

Newport

Other Property Details

Area Name

N8 - West Newport - Lido


Days on Market

1


Garage

Yes


Garage Spaces

2


Parking

Garage, Garage Faces Rear


Parking Total

2


View

Yes


View Description

Neighborhood


County

Orange


Water Source

Public


Pool

No


Pool Features

None

Listing Contact: 949-644-1600 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 1/18/2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2025 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 1/18/2025 at 5:09 PM UTC

 

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