213 41st Street, Newport Beach, California 92663, Newport Beach, - bed, bath
ACTIVE$3,250,000
213 41st Street, Newport Beach, California 92663
6Beds
4Baths
3,266Sqft
2,439Lot
Year Built
1950
Close
-
List price
$3.25M
Original List price
$3.25M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
NP25078074
Home ConditionFair
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-6•1.2mi
9/10
Newport Elementary School
Public,•PK-6•1.3mi
7/10
Horace Ensign Intermediate School
Public,•7-8•1.2mi
7/10
Newport Harbor High School
Public,•9-12•1.4mi
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (24 Listings) | |
|---|---|---|---|
| Beds | 6 | 6 | 50% |
| Baths | 4 | 4 | 50% |
| Square foot | 3,266 | 2,467 | 92% |
| Lot Size | 2,439 | 2,614 | 28% |
| Price | $3.25M | $3.2M | 56% |
| Price per square foot | $995 | $1,397 | 4% |
| Built year | 1950 | 1963 | 12% |
| HOA | |||
| Days on market | 203 | 181 | 72% |
Condition Rating
Fair
The property was built in 1950 and updated approximately 10 years ago. While the description mentions it's well-maintained, the age suggests potential for outdated features. The exterior appears to be in decent condition in the images, but without interior photos, a 'fair' rating is most appropriate. The updates 10 years ago are not recent enough to qualify for a 'good' rating.
Pros & Cons
Pros
Prime Location: Located just 2 blocks from the beach and one house from the canals in West Newport Beach, offering excellent access to coastal amenities.
Income Potential: The property is a duplex with two 3-bedroom, 2-bath units, currently generating income with long-term tenants, providing immediate return on investment.
Desirable Neighborhood: Situated in the highly desirable Balboa Peninsula neighborhood, close to Lido Marina Village, Newport Pier, boardwalk, grocery stores, restaurants, parks, and beaches.
Well-Maintained: The property is described as extremely well-maintained, suggesting a good level of care and upkeep.
Corner Lot: Being a prime corner duplex offers potential advantages such as increased privacy, more natural light, and potentially larger outdoor space.
Cons
Year Built: Built in 1950, the property may require updates to meet modern standards and preferences, and potential maintenance issues associated with older construction.
Limited Update Information: While updated approximately 10 years ago, the extent and quality of the updates are not fully detailed, potentially requiring further investment.
Tenant Occupied: Currently tenant-occupied, which may limit immediate access for renovations or owner occupancy and could present challenges during the transaction process.