205 40th Street, Newport Beach, CA 92663

$2,825,000

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Sold Price
$2,825,000
List Price
$2,900,000
Closing Date
Apr 10, 2025
Status
CLOSED
MLS#
NP25009646
Year Built
1955
Lot Size
2,614
Acres
0.06
Lot Location
Corner Lot, Rectangular Lot
Days on Market
46
Property Type
Multifamily
Property Sub Type
Duplex
Stories
Two Levels
Neighborhood
West Newport Beach (Wsnb)

Property Description

Quintessential Newport Beach home situated conveniently at the entrance to Balboa peninsula, this meticulously maintained duplex features a two story front unit with 3 bedrooms and 2.5 baths, a two car garage and an office/den. The front unit exudes stylish beach living with refinished hardwood floors, remodeled bathrooms, plush new carpet in bedrooms and pristine finishes throughout. The fresh and clean rear unit above the garage has a private separate entrance and offers 2 bedrooms, 2 full baths, a spacious living area, an interior laundry hook up and carport. Renovations completed in the last 5 years include a new underground sewer system for both units, upgraded interior plumbing and new electrical systems with updated panels, switches and outlets. Extensive exterior wood work and painting on windows, doors and stucco as well as a new garage door enhance the property’s appeal. Presented in turn key condition, this property is move in ready and is located within the top tier Newport Mesa Unified school district. Although there is excellent rental income potential, this home is ideal for a multi generational family to experience the joys of living just steps from the bay and ocean.

Additional Information

Appliances
Dishwasher, Disposal, Gas Oven, Gas Range, Refrigerator, Water Heater
Pool Description
None
Fireplace Description
Gas, Living Room
Heat
Forced Air, Wall Furnace
Cooling Description
None
View
Ocean, Peek-A-Boo
Garage Spaces Total
2
Sewer
Public Sewer
Water
Public
Interior Features
Beamed Ceilings, All Bedrooms Up
Attached Structure
Attached
Number Of Units Total
2

Listing courtesy of Listing Agent: Jason Jacobs (jason@jacobsnb.com) from Listing Office: Jim Jacobs Realty.

Listing sold by Brett Smith from Notch Luxury Properties

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Calculator source: Real Geeks

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.