213 41st Street, Newport Beach, California 92663, Newport Beach, 92663 - bed, bath

213 41st Street, Newport Beach, California 92663 home-pic-0
ACTIVE$3,250,000
213 41st Street, Newport Beach, California 92663
0Bed
0Bath
3,266Sqft
2,465Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Great Schools: Elementary School: Newport Elementary School (9/10).
Top Cons:
Property Age: Built in 1950, the property's age may suggest underlying older infrastructure or systems that could require future maintenance or upgrades not covered by the 10-year-old updates.

Compared to the nearby listings

Price:$3.25M vs avg $3.20M (+$50,000)56%
Size:3,266 sqft vs avg 2,440 sqft88%
Price/sqft:$995 vs avg $1.5K4%

More Insights

Built in 1950 (75 years old).
Condition: The property, built in 1950, was 'updated approximately 10 years ago' and is described as 'extremely well maintained.' This renovation timeframe aligns with the criteria for a 'Good' score, suggesting it is move-in ready with well-maintained systems and minimal wear and tear. The exterior images show a clean and well-kept facade. However, a more precise assessment of the kitchen and bathroom conditions, styles, and features is limited due to the absence of interior photographs.
Year Built
1950
Close
-
List price
$3.25M
Original List price
$3.25M
Price/Sqft
$995
HOA
-
Days on market
-
Sold On
-
MLS number
NP25078073
Home ConditionGood
Features
Good View: Canal, Neighborhood
Deck
Patio
ViewCanal, Neighborhood

About this home

Located just 2 Blocks from the sunny beaches of West Newport and one house from the Canals, this extremely well maintained, prime corner duplex is the perfect income generator. Consisting of 2 units, upstairs and downstairs, both are 3 bedrooms and 2 baths that share an attached garage accessible to the upper residence. Updated approximately 10 years ago, there are currently long-term tenants producing immediate return. The highly desirable Balboa Peninsula neighborhood is centrally located and loaded with amenities at nearby Lido Marina Village, the Newport Pier and boardwalk including grocery stores, restaurants, parks and beaches all within walking distance.

Nearby schools

8/10
Newport Heights Elementary School
Public,K-61.2mi
9/10
Newport Elementary School
Public,PK-61.3mi
7/10
Horace Ensign Intermediate School
Public,7-81.2mi
7/10
Newport Harbor High School
Public,9-121.4mi
Condition Rating
Good

The property, built in 1950, was 'updated approximately 10 years ago' and is described as 'extremely well maintained.' This renovation timeframe aligns with the criteria for a 'Good' score, suggesting it is move-in ready with well-maintained systems and minimal wear and tear. The exterior images show a clean and well-kept facade. However, a more precise assessment of the kitchen and bathroom conditions, styles, and features is limited due to the absence of interior photographs.
Pros & Cons

Pros

Great Schools: Elementary School: Newport Elementary School (9/10).
Exceptional Coastal Location: Situated just two blocks from West Newport beaches and one house from the Canals, offering unparalleled access to coastal amenities and a highly desirable lifestyle in the Balboa Peninsula.
Proven Income Generator: A well-maintained duplex with two 3-bedroom, 2-bath units, currently occupied by long-term tenants, providing immediate and stable rental income.
Desirable Unit Configuration: Both units feature a spacious 3-bedroom, 2-bathroom layout, appealing to a wide range of renters or potential owner-occupants.
Well-Maintained & Recently Updated: The property is described as extremely well-maintained and was updated approximately 10 years ago, suggesting reduced immediate maintenance needs.
Prime Corner Lot with Canal Proximity: Benefits from a prime corner lot position and close proximity to the canals, enhancing its appeal and potential for scenic views.

Cons

Property Age: Built in 1950, the property's age may suggest underlying older infrastructure or systems that could require future maintenance or upgrades not covered by the 10-year-old updates.
Shared Garage Access: The attached garage is noted as 'accessible to the upper residence,' which could imply limited or inconvenient access for the lower unit, potentially impacting tenant satisfaction or parking arrangements.
Limited Lot Size: With a lot size of 2,465 sqft for a duplex, the property offers a relatively compact footprint, potentially limiting outdoor living space or future expansion opportunities.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state