111 38th, Newport Beach, CA 92663

$5,995,000

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Listed by Lawrence Cech, from Keller Williams Coastal Prop.
(If provided) CoList: from

List Price
$5,995,000
MLS#
CRPW26233559
Status
CONTINGENT
Lot Size
3,598
Listing Area
Np - Balboa Peninsula

Property Description

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,

Additional Information

Amenities
Balcony/Patio, Vaulted Ceiling, Double Pane Windows(s), Counter - Stone, Other
Cooling System
Central AC
Energy Features
Ceiling Fan(s)
Foundation
Other
Garage Parking
Carport
Heating System
Central Forced Air
Laundry Facilities
In Laundry Room, Washer
Lot Size
3,598
Neighborhood
Np - Balboa Peninsula
Numberof Units
2
Pool Description
31, None
Roof
2
Style
Other
Unincorporated Yn
Yes
View
Ocean View

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