128 39th Street, Newport Beach, California 92663, Newport Beach, - bed, bath

home-pic
ACTIVE$7,100,000
128 39th Street, Newport Beach, California 92663
5Beds
6Baths
2,580Sqft
2,370Lot
Year Built
2025
Close
-
List price
$7.1M
Original List price
$7.1M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
NP25031356
Home ConditionExcellent
Features
Good View: Ocean
Deck
Spa
ViewOcean

About this home

New construction and just steps to the sand, this Newport Beach duplex is not only a testament to modern construction but also a goldmine for those seeking a lucrative investment. Boasting not just one, but two active short-term rental permits, this property offers an unparalleled opportunity to maximize your income potential. The front unit, with its 3 bedrooms and 4 bathrooms, features a gorgeous pivot entry door, spacious open concept living area, waterfall kitchen island with bar seating, Viking appliances, custom cabinetry, stone countertops, large pantry, and plenty of storage. Enjoy ocean views on the rooftop deck with an outdoor dining table and a luxurious Jacuzzi. The rear unit, with its private entrance, consists of 2 bedrooms and 2 bathrooms, an open concept kitchen and dining area with custom cabinetry, stone countertops, and Viking appliances. The expansive rooftop deck is truly remarkable, complete with a covered dining area, outdoor kitchen, fire pit, and another indulgent jacuzzi. With this remarkable duplex, you can enjoy the best of both worlds: a stunning Newport Beach retreat and a steady stream of rental revenue.The property will be completed July 30th.

Nearby schools

8/10
Newport Heights Elementary School
Public,K-61.1mi
9/10
Newport Elementary School
Public,PK-61.3mi
7/10
Horace Ensign Intermediate School
Public,7-81.1mi
7/10
Newport Harbor High School
Public,9-121.4mi
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (24 Listings)
Beds56
40%
Baths64
60%
Square foot2,5802,467
52%
Lot Size2,3702,614
24%
Price$7.1M$3.2M
92%
Price per square foot$2,752$1,404
92%
Built year20251965
96%
HOA
Days on market160168
44%
Condition Rating
Excellent

New construction (2025) duplex featuring modern design, Viking appliances, stone countertops, custom cabinetry, and luxurious amenities like rooftop decks with jacuzzis and outdoor kitchens. The property meets current quality standards with no deferred maintenance.
Pros & Cons

Pros

Investment Opportunity: Duplex with two active short-term rental permits, maximizing income potential.
New Construction: Modern construction with high-end finishes and appliances.
Prime Location: Just steps to the sand in Newport Beach.
Luxury Amenities: Rooftop decks with ocean views, jacuzzies, outdoor kitchens, and fire pits.
High-End Finishes: Viking appliances, custom cabinetry, and stone countertops in both units.

Cons

High Price Point: Listed at $7.1 million, which may limit the pool of potential buyers.
Lot Size: Relatively small lot size of 2,370 sqft may limit outdoor space.
HOA Fees: HOA fees are not mentioned, which could be a hidden cost for potential buyers.

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