129 45th ST new Save Request In-Person Tour Request Virtual Tour
Newport Beach,CA 92663
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,322 sqft
Price per Sqft $1,505
Subdivision West Newport Beach (Wsnb)
MLS Listing ID NP24250095
Bedrooms 5
Full Baths 4
Year Built 1958
Lot Size 2,548 Sqft
Property Description
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.
Location
State CA
County Orange
Area N8 - West Newport - Lido
Interior
Heating Fireplace(s),Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Carpet,Tile
Fireplaces Type Living Room,Primary Bedroom
Laundry Inside,In Kitchen,Stacked,Upper Level
Exterior
Exterior Feature Lighting,Rain Gutters
Parking Features Garage,Garage Faces Rear
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Curbs,Street Lights,Sidewalks
View Y/N Yes
View Neighborhood
Building
Lot Description Street Level
Dwelling Type Duplex
Story 2
Sewer Public Sewer
Water Public
New Construction No
Schools
Elementary Schools Newport
Middle Schools Horace Ensign
High Schools Newport Harbor
School District Newport Mesa Unified
Others
Acceptable Financing Cash,Cash to New Loan
Listing Terms Cash,Cash to New Loan
Special Listing Condition Standard