111 38th, Newport Beach, CA 92663
111 38th, Newport Beach, CA 92663
111 38th, Newport Beach, CA 92663
111 38th, Newport Beach, CA 92663
111 38th, Newport Beach, CA 92663
111 38th, Newport Beach, CA 92663
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Carlos Gutierrez

Carlos Gutierrez

+1(858) 864-8741
$ 5,995,000
Est. payment | /mo

5 Beds

3 Baths

3,598 Sqft Lot

Save
$ 5,995,000
Est. payment | /mo
Save

5 Beds

3 Baths

3,598 Sqft Lot

Open House

Sat Oct 31, 1:00pm - 3:30pm

Sun Nov 01, 1:00pm - 3:30pm

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

Subdivision Balboa Peninsula (Residential) (

MLS Listing ID PW26233559

Bedrooms 5

Lot Size 3,598 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

Just three houses from the beach on Newport Beachs Balboa Peninsula, this beautifully renovated oceanview duplex combines quality, location and a proven rental track record. With two rare short-term rental permits and over $320,000 in seller-reported gross rental income in 2025, along with multiple weeks reserved for personal use, this is an incredible opportunity to own an established coastal investment in a highly desirable beachside setting. The first-floor residence features two bedrooms and one bathroom, while the second-floor residence offers three bedrooms and two bathrooms. Each has its own kitchen, living room and dining area, providing flexibility for vacation rentals, personal use or gathering family and friends with space and privacy. Bright interiors and tasteful renovations create a relaxed, welcoming atmosphere throughout both residences. Modern kitchens feature stainless steel appliances, wine refrigerators and islands with bar seating. Comfortable living and dining areas connect with inviting outdoor spaces, including an upper deck, a generous lower patio and an outdoor fire pit with built-in seating. From morning coffee to outdoor dining after a day at the beach, the property is designed to make the most of its coastal location. Two assigned parking spaces, one for each residence, make it easy to arrive, park and walk. The sand, surf and oceanfront boardwalk are close by, along with neighborhood restaurants, cafs and shopping. Enjoy bike rides along the Peninsula, dining near Newport Pier and exploring the boutiques and waterfront restaurants of nearby Lid

Location

State CA

County Orange

Zoning Public Rec

Direction 38th Street between Seashore Drive and Balboa Blvd.

Interior

Cooling Central Forced Air

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Senior Community No

Tax ID 42332212

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

MLS Router / San Diego MLS
Listed by Lawrence Cech, DRE#02211873 Keller Williams Coastal Prop. 
Nearby Locations
Carlos Gutierrez

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(858) 864-8741

carlos.gutierrez.ca@exprealty.com

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111 38th