Newport Beach Homes with Duplex Subtype

TWO ACTIVE SHORT-TERM RENTAL PERMITS - Welcome to 126 45th Street, a turnkey, strong cash-flowing vacation rental that sleeps 12, fully furnished, iconic 100-block duplex. Upstairs: 3 bedrooms, 2 baths with an open flow, spacious living area and balcony with beach & ocean views. Oversized primary suite also has its own built-in desk, and ensuite. Two additional bedrooms and a central bathroom. Downstairs: 2 bedrooms; one with ensuite, a second bathroom with Jacuzzi tub, spacious living area and easy flow to the oversized front patio with beach views. The property has a newer roof, new garage doors with quiet motors, vinyl fencing and gates, tankless water heater, high-efficiency forced-air units, quartz countertop kitchens and bathrooms, plus brand-new refrigerators. Brand new Polywood outdoor furniture in the lower unit and so much more. This beach property is A+ location, close proximity to everything, has been meticulously maintained, strong current and future bookings with many repeat clients, turnkey and income-producing from day one. Welcome to 126 45th Street, location, income and ease.

126 45th Street, Newport Beach

$5,995,000

NP26236261 MLS ⋅ Active Status

TWO ACTIVE SHORT-TERM RENTAL PERMITS! Welcome to 112 46th St., a “Best-In-Class” turnkey, high-performing vacation rental that sleeps 14. A+ West Newport location, two houses off the sand with top-to-bottom, high-end renovations completed in 2026. With a total of 6 bedrooms and 4 bathrooms across both units, this property delivers. The upper unit is a showpiece and fully renovated throughout. Milgard French doors will guide you out to your open-air front balcony framing the surf & sand and views of Catalina Island. A second private balcony off the primary suite, shaded and tucked away from the street, allows for slow mornings or quiet evenings. The downstairs unit features French doors that lead to a generous beach-view patio. A newly added ensuite bathroom gives the two-bedroom, two-bath unit the comfort of a full-sized home. Both kitchens and all four bathrooms feature matching quartz, custom hardwood cabinetry, Kohler, Moen, and Toto fixtures, with LG and Bosch appliances throughout the property. Each unit has its own washer and dryer, and sound-insulated flooring quiets the space between. Freshly painted inside & out, new insulated garage doors, epoxy-coated decks, plus new vinyl fencing and gates. Parking for four vehicles is an added luxury. With close proximity to the Beach & Bay, local dining, Lido Village, boardwalk, pier and so much more, the heavy lifting is already done. Just pack your bag and show up. Welcome to 112 46th Street!

112 46th Street, Newport Beach

$3,395,000

4 Beds ⋅ 4 Baths ⋅ NP26231900 MLS ⋅ Active Status

Beloved Balboa Island artist’s one-of-a-kind home at the peaceful and quiet end of Agate Avenue. Offered for the first time in over 50 years, this colorful duplex provides unparalleled creative touches and sensational details, along with a total of 4 bedrooms, 4 bathrooms, and a den. The stunning main home opens with a Dutch door from a sunny, brick-lined front patio. The first level’s open floor plan features living, dining, and kitchen spaces, side patio, and den. Adding to the charm are beamed ceilings, stunning hand-painted surfaces, custom-made stained-glass windows, and a fireplace that opens to both the living and dining areas. The second level encompasses 3 ample bedrooms, including the en suite primary bedroom. The spacious and bright upper rear apartment is the perfect retreat and offers 1 bedroom, 1 bath, cathedral ceilings throughout, and a separate entrance with small covered patio. In the rear, there is a 2-car garage along with a side parking space and additional parking behind the garage. 217 Agate is a vibrant and amazing opportunity not to be missed!

217 Agate, Newport Beach

$5,995,000

PW26233559 MLS ⋅ Active Status

Just three houses from the beach on Newport Beach’s 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, cafés and shopping. Enjoy bike rides along the Peninsula, dining near Newport Pier and exploring the boutiques and waterfront restaurants of nearby Lido Marina Village. Currently managed by AvantStay, the residences may be rented individually or together. Enjoy one while renting the other, bring both together for personal use, or continue operating the property as a vacation rental investment. The approximate cap rate is 4.2%, excluding potential rental income from owner-reserved weeks and other projected income increases. Short-term rental permits: SLP13962 and SLP13963. Buyer to verify all property information, rental financials, operating expenses, permit status and transferability.

111 38th, Newport Beach

$5,500,000

6 Beds ⋅ 4 Baths ⋅ OC26229647 MLS ⋅ Active Status

RARE NEWPORT BEACH WATERFRONT OPPORTUNITY WITH DUAL WATER FRONTAGE AND PRIVATE BOAT DOCK! Acquire a distinctive waterfront property combining boating access, income potential, and redevelopment possibilities in desirable Newport Beach. Situated on an approximately 4,500-square-foot lot along the Newport Canal, 4204 River Avenue is a compelling opportunity for investors, builders, boating enthusiasts, and buyers looking to create their dream waterfront residence. The property is legally a duplex and configured as three living areas, with approximately 3,202 square feet of existing improvements, six bedrooms, and four bathrooms. While the property requires renovation, its versatile configuration creates several potential investment strategies. Renovate and explore its rental income potential, enjoy waterfront living while generating supplemental income, or pursue plans for a custom luxury waterfront residence. For developers, the existing set up may offer the advantage of generating rental income to help offset carrying costs while architectural plans, permits, and redevelopment approvals are pursued. What truly sets this property apart is its waterfront setting. Dual water frontage, a private dock, and beautiful canal surroundings create a unique opportunity to embrace the Newport Beach boating lifestyle. Imagine stepping outside to enjoy your boat, kayak, or paddleboard, spending afternoons exploring the harbor, and returning home to the tranquility of life along the water. Just a short distance from the sandy beaches of the Balboa Peninsula, neighborhood parks, coastal restaurants, and shopping, the location offers an exceptional combination of recreation, convenience, and coastal charm. For those with vision, the possibilities extend well beyond the existing structure. Whether your goal is to establish a waterfront income property, secure a personal coastal retreat with supplemental rental income, or design and build an extraordinary custom residence, here is a chance to invest in the location today and unlock its potential for tomorrow. Opportunities combining waterfront land, a private boat dock, income potential, and redevelopment possibilities are increasingly difficult to find in Newport Beach. The true value is in the land, the waterfront setting, and the opportunity to create something exceptional. All uses, rental configurations, dock rights, and redevelopment possibilities are subject to independent verification and applicable approvals.

4204 River Avenue, Newport Beach

$13,995,000

6 Beds ⋅ 5 Baths ⋅ NP26226085 MLS ⋅ Active Status

An exceptional opportunity to own a rare bayfront property near vibrant Lido Marina Village. Offering approximately 42 feet of harbor frontage, this distinctive waterfront duplex features two separate residences, each with its own address and APN, along with a private pier leading to two generously sized boat slips with direct access to Newport Harbor. Adding to the property's appeal, each residence holds its own ACTIVE SHORT-TERM LODGING PERMIT, a rare Newport Beach feature offering flexibility and rental income potential. Ideally situated within a short stroll of Lido Marina Village, residents can enjoy an exceptional collection of waterfront restaurants, upscale boutiques, charming cafés, and the relaxed sophistication of this celebrated coastal destination. From morning coffee to sunset dinners, the best of Newport Beach is close at hand. The lower residence, 3324 Via Lido (APN 933-941-22), offers 3 bedrooms, 3 baths, and approximately 1,766 square feet of living space. Designed to embrace its waterfront setting, the home features a gourmet kitchen with beautiful bay views, a spacious living room with fireplace, and an inviting dining area. Multiple doors open to an expansive waterfront patio, creating a seamless connection between indoor and outdoor living, with direct access to the private pier and boat slips. The thoughtfully arranged floor plan includes two bedrooms connected by a Jack-and-Jill bath, a convenient powder room, and a generous primary suite with a walk-in closet and dual-vanity bath. Upstairs, 3322 Via Lido (APN 933-941-23) offers 3 bedrooms, 2 baths, and approximately 1,540 square feet. An open kitchen and living area captures picturesque harbor views, while a private waterfront deck with BBQ provides an idyllic setting for outdoor dining, entertaining, and enjoying Newport Beach's spectacular sunsets. Whether envisioned as a primary waterfront residence with additional accommodations, an opportunity to live in one home while generating income from the other, or an investment with two income-producing residences, the property offers remarkable flexibility. This is a rare opportunity to experience the very best of Newport Beach waterfront living.

3322 Via Lido, Newport Beach

$5,200,000

5 Beds ⋅ 4 Baths ⋅ OC26222185 MLS ⋅ Active Under Contract Status

An incredible opportunity to own a Newport Beach oceanfront property at an exceptional price! Offered at $5,200,000, this is the best-priced oceanfront property currently on the market. Situated directly on the sand, this versatile property features five bedrooms, four bathrooms, and approximately 2,108 square feet of living space across two separate levels. The upper residence offers three bedrooms, two bathrooms, and approximately 1,200 square feet, with breathtaking panoramic ocean views that capture the beauty of Newport Beach’s coastline. The lower residence features two bedrooms, two bathrooms, and approximately 908 square feet, providing additional space and flexibility for family, guests, or rental opportunities. Whether you choose to enjoy the entire property, live in one residence while renting the other, or create a coastal getaway for extended family and friends, the possibilities are endless. A standout feature is the exceptionally rare four-car garage, an incredible luxury along the oceanfront where parking is at a premium. Wake up to the sound of crashing waves, enjoy spectacular sunsets, and experience the best of beachfront living with the sand just steps from your door. With its flexible floor plan, panoramic ocean views, rare four-car garage, and unbeatable price, 412 E Oceanfront presents an extraordinary opportunity to own a piece of Newport Beach’s coveted coastline.

412 E Oceanfront, Newport Beach

$5,498,000

5 Beds ⋅ 5 Baths ⋅ OC26216438 MLS ⋅ Active Status

A rare harbor-view opportunity in the heart of Corona del Mar, 2516 Bayside Drive combines immediate income potential with a fully approved, permit-ready path to an exceptional new custom residence. Positioned on an approximately 3,540-square-foot lot, the property enjoys prominent harbor views and additional on-site parking while currently offering two 2-bedroom, 2-bath residences plus a studio, with projected gross rental income of approximately $14,000 per month, or $168,000 annually. Two of the three units are currently vacant, with only the larger 2-bedroom residence tenant-occupied, providing a future owner with added flexibility for leasing, personal use, or future redevelopment while determining the optimal timing for construction. The property's defining opportunity is its fully approved architectural plans for an approximately 3,500-square-foot, three-level contemporary single-family residence, with the building permit ready for pickup. Originally designed by Brandon Architects and subsequently completed and finalized by Horst Architects, the residence has been thoughtfully conceived to maximize the property's harbor views and exceptional coastal setting. Renderings included in the listing photos are conceptual architectural renderings of the approved proposed residence and are provided for illustrative purposes only. The sophisticated design features expansive glazing and seamless indoor-outdoor living, a dramatic great room with fireplace, and a large eat-in kitchen with island and pantry. The residence offers four full bedrooms and four full bathrooms, including en-suite secondary bedrooms and a luxurious primary suite with fireplace and walk-in closet, plus two additional powder rooms—one conveniently located on the main level and another on the rooftop. Additional highlights include an elevator, two-car garage, expansive outdoor living areas, and a spectacular rooftop entertaining deck complete with a covered cabana and powder room. Unlike a typical development opportunity requiring a lengthy architectural, entitlement, and approval process, 2516 Bayside offers the flexibility of income today together with a substantially advanced path toward creating a new luxury residence. Harbor views. Immediate income potential. Two units currently vacant. Fully approved plans. Building permit ready for pickup. An exceptional opportunity to create a signature coastal residence in Corona del Mar.

2516 Bayside Dr, Newport Beach

$4,195,000

5 Beds ⋅ 4 Baths ⋅ NP26212248 MLS ⋅ Active Status

TWO ACTIVE SHORT-TERM RENTAL PERMITS - Welcome to 126 45th Street, a turnkey, strong cash-flowing vacation rental that sleeps 12, fully furnished, iconic 100-block duplex. Upstairs: 3 bedrooms, 2 baths with an open flow, spacious living area and balcony with beach & ocean views. Oversized primary suite also has its own built-in desk, and ensuite. Two additional bedrooms and a central bathroom. Downstairs: 2 bedrooms; one with ensuite, a second bathroom with Jacuzzi tub, spacious living area and easy flow to the oversized front patio with beach views. The property has a newer roof, new garage doors with quiet motors, vinyl fencing and gates, tankless water heater, high-efficiency forced-air units, quartz countertop kitchens and bathrooms, plus brand-new refrigerators. Brand new Polywood outdoor furniture in the lower unit and so much more. This beach property is A+ location, close proximity to everything, has been meticulously maintained, strong current and future bookings with many repeat clients, turnkey and income-producing from day one. Welcome to 126 45th Street, location, income and ease.

126 45th Street, Newport Beach

$4,050,000

LG26212290 MLS ⋅ Active Status

**Investment Property Opportunity with Value-Added Potential** This property is currently appraised at $4,050,000 (MAI Appraisal). As a short-term rental, the estimated value increases to $4,555,000. Additionally, the large lot has the potential for constructing an Accessory Dwelling Unit (ADU) in the back, which could push the total value of the property to well over $6,000,000. You won’t find other properties on the Peninsula that offer this type of opportunity. This rare investment is just steps from the beach, located in one of Newport Beach’s most desirable coastal communities. It features a two-car garage and offers peak ocean views from the balcony. The property is conveniently situated just a quick drive from all that Orange County has to offer, including: - Pelican Hill Golf and Resort (10 minutes) - John Wayne Airport (10 minutes) - Angel Stadium & Honda Center (15 minutes) - Disneyland (20 minutes) - Knotts Berry Farm (20 minutes) - Laguna Beach (15 minutes) - Huntington Beach Pier (5 minutes) - Newport Harbor Fun Zone (3 minutes) - Fashion Island (5 minutes) - Segerstrom Hall & South Coast Plaza (15 minutes) Furthermore, this property presents an excellent opportunity for use as a primary residence. The upstairs can serve as a living space while the lower unit can be rented out as an income-producing property. Both units are currently rented on a month-to-month basis. Please contact the agent for showings.

4802 Neptune Ave, Newport Beach

$7,625,000

10 Beds ⋅ 12 Baths ⋅ OC26206141 MLS ⋅ Active Status

Welcome to this exceptional modern coastal duplex offering a rare combination of luxury, location, flexibility, and proven income potential in Newport Beach. Completed in 2023 and spanning approximately 4,760 square feet, the property consists of two beautifully designed residences, each offering approximately 2,380 square feet with five bedrooms and six bathrooms across three thoughtfully designed levels. 506 was well thought out, offering en-suite bedrooms, inviting fireplaces, and expansive sliding glass doors that create a seamless connection between indoor and outdoor spaces. Private balconies extend from the primary suites and main living areas, while expansive rooftop decks with east and west exposures provide the perfect setting for entertaining, enjoying the ocean breeze, and taking in spectacular coastal sunsets. Live in one and generate income from the other, maintain a combination of short- and long-term rentals, or operate the property entirely as an investment—the flexibility here is exceptionally difficult to replicate in Newport Beach. Unit A holds a coveted Newport Beach short-term rental permit and has demonstrated impressive rental performance. From January through May 2026, Unit A generated approximately $150,000 in gross rental revenue. Summer is traditionally an even stronger rental period, with June through August historically generating approximately $28,000 per month in net income. Unit B is currently leased at $15,000 per month under a two-year lease, providing the property with an established long-term income stream alongside Unit A's short-term rental potential. For an owner-user, the opportunity is equally compelling: occupy one luxury residence while the neighboring unit produces significant income. For an investor, the combination of an existing long-term lease, an active short-term rental permit, and two nearly new luxury residences creates multiple avenues for income and long-term value. The location completes the offering. Enjoy immediate access to the best of Newport Beach, from the marina and beaches to the acclaimed shopping and dining of Lido Marina Village, with Balboa Pier, the Balboa Fun Zone, waterfront restaurants, and the energy of the peninsula all just minutes away. Each residence also features central air and heating, private laundry, and its own two-car tandem garage, providing the conveniences expected from newly constructed luxury coastal residences. Rare Opportunity!

506 Clubhouse Avenue, Newport Beach

$3,385,000

4 Beds ⋅ 2 Baths ⋅ NP26202705 MLS ⋅ Active Status

INCOME TODAY. OPPORTUNITY TOMORROW A rare investment opportunity just steps from the sand on the 100 block of Newport Beach’s Balboa Peninsula. Located at 125 41st Street, this 1,620-square-foot duplex features two 2-bedroom, 1-bath units on a 2,550-square-foot lot and offers an exceptional combination of immediate income potential, coveted short-term rental use, and future development opportunity. Currently operated as a short-term rental property, the offering includes two highly desirable short-term rental permits, providing the potential for substantial annual gross rental income. The existing duplex configuration offers flexibility for investors seeking continued vacation-rental income, a beach property with multiple residences, or a longer-term hold in one of Newport Beach’s most sought-after coastal locations. Beyond its current use, the property presents compelling redevelopment potential. The 30' x 85' lot offers the opportunity to re-imagine the site with two new-construction condominiums, allowing a future owner to significantly improve the property while capitalizing on its exceptional Peninsula location. Just a short walk from the beach, surf, boardwalk and the best of the Newport Beach lifestyle, 125 41st Street represents an increasingly difficult-to-replicate combination: two residences, two short-term rental permits, strong income potential, and future development upside—all just steps from the sand.

125 41st, Newport Beach

Newport Beach Homes with Duplex Subtype

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