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