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$3,100,000

Est. payment - /mo

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5 BD

5 BA

2,251 SqFt

Active

205 40th ST Newport Beach, CA 92663

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Nick Ospina

nickospina.re@gmail.com +1(858) 228-0144

UPDATED:

02/08/2025 11:57 PM

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,251 sqft

Price per Sqft $1,377

Subdivision West Newport Beach (Wsnb)

MLS Listing ID NP25009636

Bedrooms 5

Full Baths 4

Half Baths 1

Construction Status Updated/Remodeled,Turnkey

HOA Y/N No

Year Built 1955

Lot Size 2,613 Sqft

Property Sub-Type Duplex

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.

Location

State CA

County Orange

Area N8 - West Newport - Lido

Interior

Interior Features Beamed Ceilings, Separate/Formal Dining Room, All Bedrooms Up

Heating Central, Wall Furnace

Cooling None

Flooring Carpet, Laminate, Wood

Fireplaces Type Gas, Living Room

Fireplace Yes

Appliance Dishwasher, Disposal, Gas Oven, Gas Range, Refrigerator, Water Heater

Laundry Inside, Laundry Room, See Remarks

Exterior

Parking Features Covered, Garage, Tandem

Garage Spaces 2.0

Carport Spaces 2

Garage Description 2.0

Fence Stucco Wall, Wood

Pool None

Community Features Biking, Curbs, Fishing, Golf, Park, Storm Drain(s), Street Lights, Sidewalks, Water Sports

View Y/N Yes

View Ocean, Peek-A-Boo

Porch Brick, Enclosed, Patio

Attached Garage Yes

Total Parking Spaces 4

Private Pool No

Building

Lot Description Corner Lot, Rectangular Lot

Dwelling Type Duplex

Story 2

Entry Level Two

Foundation Slab

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Construction Status Updated/Remodeled,Turnkey

Schools

School District Newport Mesa Unified

Others

Senior Community No

Tax ID 42330607

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Special Listing Condition Standard, Trust

Listed by Jason Jacobs • Jim Jacobs Realty • 949-345-5577

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Nick Ospina

Agent | License ID: 02062323

+1(858) 228-0144