131 46th Street, Newport Beach, California 92663, Newport Beach, 92663 - 6 bed, 4 bath

131 46th Street, Newport Beach, California 92663 home-pic-0
ACTIVE$3,795,000
131 46th Street, Newport Beach, California 92663
6Beds
4Baths
2,440Sqft
2,614Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Great Schools: Elementary School: Newport Elementary School (9/10).
Top Cons:
Neighborhood View: While the property has a view, it is specified as a 'Neighborhood' view, lacking the premium ocean or bay views often sought after in Newport Beach.

Compared to the nearby listings

Price:$3.79M vs avg $3.20M (+$595,000)68%
Size:2,440 sqft vs avg 2,440 sqft50%
Price/sqft:$1.6K vs avg $1.5K60%

More Insights

Built in 1988 (37 years old).
Condition: Despite being built in 1988, the property has undergone a 'FULLY REMODELED' and 'meticulously renovated' transformation, as stated in the description. The images confirm this with brand-new, contemporary kitchens featuring stainless steel appliances (including a Thermador range), white shaker cabinets, marble/quartz countertops, and subway tile backsplashes. Bathrooms are equally modern with sleek vanities, backlit mirrors, and updated fixtures. Hardwood flooring is consistent throughout, and the overall aesthetic is fresh and high-end, indicating a very recent and extensive renovation that brings the property's condition to a virtually new standard.
Year Built
1988
Close
-
List price
$3.79M
Original List price
$4M
Price/Sqft
$1,555
HOA
-
Days on market
-
Sold On
-
MLS number
OC25088257
Home ConditionExcellent
Features
Deck
ViewNeighborhood

About this home

Enjoy coastal living with this FULLY REMODELED DUPLEX, located in the highly sought-after Peninsula of Newport Beach. This unique property offers a total of 2,440 square feet and brings together modern luxury and functionality within its intelligently designed open floorplan, promoting an effortless flow of space and light. The lower unit is 1376 sq ft and the top unit is 1064 sq ft. Each level of this exceptional duplex features 3 bedrooms and 2 well-appointed bathrooms, ensuring ample space, comfort, and privacy for residents or guests. The home is meticulously renovated with modern, high-end amenities throughout, blending style and sophistication to enhance everyday living. Every detail has been carefully considered, from sleek fixtures and premium finishes to smart energy-efficient systems. Positioned just steps away from the beach, this property ensures that the beautiful coastline is always within reach. This prime location effortlessly offers the vibrant lifestyle of Newport Beach. The property further distinguishes itself with a spacious 3-car attached garage and additional carport, in an area where parking is a valued commodity—making this an invaluable feature for prospective buyers or tenants. The duplex also presents a lucrative investment opportunity with excellent rental income potential. Its prime location and high-demand neighborhood make it an ideal asset for those looking to capitalize on the vibrant rental market in Southern California. Whether you're looking to make this your home or to expand your investment portfolio, this property promises unmatched convenience and lifestyle advantages. Perfect for a 1031 exchange. Property is also available for lease OC25097787

Nearby schools

8/10
Newport Heights Elementary School
Public,K-61.4mi
9/10
Newport Elementary School
Public,PK-61.6mi
7/10
Horace Ensign Intermediate School
Public,7-81.4mi
7/10
Newport Harbor High School
Public,9-121.5mi
Condition Rating
Excellent

Despite being built in 1988, the property has undergone a 'FULLY REMODELED' and 'meticulously renovated' transformation, as stated in the description. The images confirm this with brand-new, contemporary kitchens featuring stainless steel appliances (including a Thermador range), white shaker cabinets, marble/quartz countertops, and subway tile backsplashes. Bathrooms are equally modern with sleek vanities, backlit mirrors, and updated fixtures. Hardwood flooring is consistent throughout, and the overall aesthetic is fresh and high-end, indicating a very recent and extensive renovation that brings the property's condition to a virtually new standard.
Pros & Cons

Pros

Great Schools: Elementary School: Newport Elementary School (9/10).
Prime Coastal Location: Positioned in the highly sought-after Peninsula of Newport Beach, just steps away from the beach, offering an unparalleled coastal lifestyle.
Fully Remodeled & High-End Finishes: The duplex has been meticulously renovated with modern, high-end amenities, sleek fixtures, premium finishes, and smart energy-efficient systems throughout.
Strong Investment Potential: As a fully remodeled duplex in a high-demand area, it presents a lucrative investment opportunity with excellent rental income potential and is ideal for a 1031 exchange.
Ample Parking: Features a spacious 3-car attached garage and an additional carport, a significant advantage in an area where parking is a valued commodity.
Functional & Spacious Layout: Intelligently designed open floorplan promoting an effortless flow of space and light, with each unit offering 3 bedrooms and 2 well-appointed bathrooms.

Cons

Neighborhood View: While the property has a view, it is specified as a 'Neighborhood' view, lacking the premium ocean or bay views often sought after in Newport Beach.
Original Construction Year: Despite being fully remodeled, the property was originally built in 1988, which means the underlying structure is older and may present different considerations compared to new construction.
Lack of Explicit Private Outdoor Space: The description does not highlight any private yard or significant dedicated outdoor living areas for each unit, which can be a desirable feature for coastal properties.

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