212 40th Street, Newport Beach

$2,495,000

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4 Beds
3 Baths
2,449 Sqft
.06 Acre
2 Garages

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.

Essential Information

MLS® #
NP24078002
Price
$2,495,000
Bedrooms
4
Bathrooms
3.00
Full Baths
2
Half Baths
1
Square Footage
2,449
Acres
0.06
Year Built
1965
Type
Residential
Sub-Type
Duplex
Status
Active Under Contract

Community Information

Address
212 40th Street
Area
N8 - West Newport - Lido
Subdivision
Central Newport (CNEW)
City
Newport Beach
County
Orange
Zip Code
92663

Amenities

Parking Spaces
2
Parking
Direct Access, Garage
# of Garages
2
Garages
Direct Access, Garage
View
Neighborhood
Waterfront
Beach Access
Pool
None

Utilities

Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected

Interior

Interior
Carpet, Tile
Heating
Wall Furnace
Cooling
None
Fireplace
Yes
Fireplaces
Living Room
# of Stories
2
Stories
Two

Interior Features

Beamed Ceilings, Open Floorplan, Bedroom on Main Level

Appliances

Double Oven, Dishwasher, Electric Range, Freezer, Disposal, Gas Range, Refrigerator, Range Hood, Trash Compactor

Exterior

Exterior Features
Balcony
Lot Description
0-1 Unit/Acre

School Information

District
Newport Mesa Unified

Additional Information

Date Listed
April 19th, 2024
Days on Market
14

Listing Details

Agent
Jon Flagg
Co-Agent
Kyle Flagg(02095991)
Office
Pacific Sotheby's Int'l Realty
Property History
Status Changed from Active to Active Under Contract

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Based on information from California Regional Multiple Listing Service, Inc. as of May 3rd, 2024 at 10:50am PDT. 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, 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.