129 45Th Street, Newport Beach, CA 92663
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Listed Price :
$3,495,000
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Beds :
5
-
Baths :
4
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Property Size :
2,322 sqft
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Year Built :
1958
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.
Interior Features
| Laundry Information |
| Location(s) |
Inside, In Kitchen, Stacked, Upper Level |
| Kitchen Information |
| Features |
Kitchen/Family Room Combo |
| Bedroom Information |
| Features |
Bedroom on Main Level |
| Bedrooms |
5 |
| Bathroom Information |
| Features |
Bathtub, Dual Sinks, Separate Shower, Tub Shower, Walk-In Shower |
| Bathrooms |
4 |
| Flooring Information |
| Material |
Carpet, Tile |
| Interior Information |
| Features |
Beamed Ceilings, Breakfast Bar, Built-in Features, Balcony, Ceiling Fan(s), Separate/Formal Dining Room, Recessed Lighting, Bedroom on Main Level, Primary Suite |
| Cooling Type |
Wall/Window Unit(s) |
Listing Information
| Address |
129 45Th Street |
| City |
Newport Beach |
| State |
CA |
| Zip |
92663 |
| County |
Orange |
| Listing Agent |
Greg Blake DRE #01227057 |
| Co-Listing Agent |
Tim Smith DRE #01346878 |
| Courtesy Of |
Coldwell Banker Realty |
| List Price |
$3,495,000 |
| Status |
Active |
| Type |
Residential |
| Subtype |
Duplex |
| Structure Size |
2,322 |
| Lot Size |
2,550 |
| Year Built |
1958 |
Listing information courtesy of: Greg Blake, Tim Smith, Coldwell Banker Realty. *Based on information from the Association of REALTORS/Multiple Listing as of Jan 18th, 2025 at 4:42 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
