205 40Th Street

Newport Beach, CA 92663

PRICE REDUCED

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-$200,000 (-6.45%)

$2,900,000

List Price

N/A

bed Beds

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shower Baths

N/A sqft

straighten / sqft

1955

calendar_month Built

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.

Listing Information

List Price $2,900,000
Status Active
MLS NP25009646
HOA $0
Type Residential Income
Subtype Duplex
Year Built 1955
Lot Size 2,614
Structure Size N/A
DOM 31
Courtesy Of Jim Jacobs Realty
Listing Agent Jason Jacobs DRE#02108263
Co-Listing Agent Jim Jacobs DRE#00868230

Interior Features

Laundry Information
Location(s) Washer Hookup, Gas Dryer Hookup, Inside, In Carport, See Remarks
Bedroom Information
Features All Bedrooms Up
Total Bedroom
Bedrooms N/A
Total Bathroom
Bathrooms N/A
Flooring Information
Material Carpet, Laminate, Wood
Fireplace Information
Features Gas, Living Room
Additional Information
Additional Features Beamed Ceilings, All Bedrooms Up
Cooling Type
Cooling Type None
Heating Type
Heating Type Forced Air, Wall Furnace

Exterior Information

Other Structures
Views Ocean, Peek-A-Boo

Maps

home_work Nearby Properties

Listing information courtesy of: Jason Jacobs, Jim Jacobs, Jim Jacobs Realty . *Based on information from the Association of REALTORS/Multiple Listing as of Feb 23rd, 2025 at 4:21 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.