122 44th Street, Newport Beach, CA 92663

$3,345,000

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Sold Price
$3,345,000
List Price
$3,495,000
Closing Date
Mar 26, 2025
Status
CLOSED
MLS#
NP24234889
Year Built
1980
Lot Size
2,614
Acres
0.06
Lot Location
Level, Paved
Days on Market
63
Property Type
Multifamily
Style
Traditional
Property Sub Type
Duplex
Stories
Two Levels
Neighborhood
Balboa Peninsula (Residential) (Balp)

Property Description

2 ACTIVE SHORT TERM LODGING PERMITS- Presenting a rare investment opportunity on Newport Beach’s Balboa Peninsula, this stylish duplex offers both versatility and value, featuring two coveted short-term lodging permits, one for each unit—a sought-after asset. Located on the ocean side of Balboa Boulevard, this property provides quintessential coastal living with close access to the sand and surf. The lower unit, a charming 2-bedroom, 2-bath retreat, offers comfortable, perfect for beachside relaxation. Upstairs, the 3-bedroom, 2-bath unit boasts soaring, beamed ceilings, adding a sense of openness and architectural character. The upper unit’s inviting living room extends to a private deck where ocean views enhance the outdoor space, making it ideal for alfresco dining or sunset relaxation. A second private deck off the primary bedroom allows for a quiet escape, bathed in the ocean breeze. Completing the property is a spacious four-car garage, a rare convenience on the Peninsula, providing ample parking or storage for beach gear and more. This Balboa Peninsula duplex not only provides flexible living arrangements but also captures the essence of coastal charm—perfect for a primary residence, vacation retreat, or rental income opportunity in one of Southern California’s most desirable beachfront communities.

Additional Information

Appliances
Electric Range, Microwave
Pool Description
None
Fireplace Description
Living Room
Heat
Fireplace(s)
Cooling Description
None
View
Ocean, Peek-A-Boo
Garage Spaces Total
4
Sewer
Public Sewer
Water
Public
Interior Features
Beamed Ceilings, Balcony, Ceiling Fan(s), High Ceilings, Storage
Attached Structure
Detached
Number Of Units Total
2

Listing courtesy of Listing Agent: Carter Weir (carter@weirproperties.com) from Listing Office: Berkshire Hathaway Homeservice.

Listing sold by General NONMEMBER from NONMEMBER MRML

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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.