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129 45th Street
129 45th Street
129 45th Street
129 45th Street
129 45th Street
129 45th Street
129 45th Street
129 45th Street
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129 45th Street
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Sold

129 45th Street

129 45th Street, Newport Beach, CA 92663

$3,417,000
$3,417,000

129 45th Street

5 Beds 4 Baths 2,322 Sq.Ft.

Description

Discover the ultimate in coastal living with this extraordinary duplex, just 10 houses from the sand. Situated in the heart of the peninsula, this rare gem blends flexibility, charm, and opportunity. Whether you're seeking a family retreat, an investment property, or both, this home offers short-term rental permits already in place and countless options for modern beachside living. The front unit features 2 bedrooms and 1 bathroom, highlighted by high-beam ceilings, stylish finishes, and a charming fireplace in the living room. The entryway opens to a bright and airy living space that seamlessly connects to a well-equipped kitchen, a cozy dining area, and a generously sized patio--perfect for enjoying the ocean breeze or hosting friends and family. The back unit exudes beachside charm and versatility with 3 bedrooms and 3 bathrooms. Its open-concept kitchen flows effortlessly into the dining area and living room, complete with a fireplace. Additionally, the primary bedroom offers its own fireplace and direct access to a private balcony, creating a cozy retreat within this spacious unit. Both units offer direct access to a 2-car enclosed garage, conveniently backing to an alley, and each unit includes in-home laundry facilities for ultimate ease of living. Recent updates include a new roof completed in Spring 2024, ensuring peace of mind for years to come. Flexibility is at the heart of this property, offering multiple living and income opportunities: live in one unit and host visitors or family, live in one and rent the other, or maximize income potential with two short-term rentals already permitted and ready to go. The Pro-Forma prepared by Tower 17 Properties projects 2025 revenue of $242,283.42, showcasing its outstanding income potential. This duplex delivers modern comfort and timeless coastal allure. Don't miss your chance to own a piece of paradise--just moments from the sandy shores and minutes from the vibrant energy of the peninsula.

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Location

129 45th Street, Newport Beach, CA 92663

Status

Sold

Property Images

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Features & Amenities

Interior

  • total bedrooms5
  • Total bathrooms4
  • full bathrooms4
  • Laundry room Inside, In Kitchen, Stacked, Upper Level
  • Flooring Carpet, Tile
  • Fireplace Living Room, Primary Bedroom
  • APPLIANCES Dishwasher, Freezer, Disposal, Gas Oven, Microwave, Refrigerator
  • other interior Features Beamed Ceilings, Breakfast Bar, Built-in Features, Balcony, Ceiling Fan(s), Separate/Formal Dining Room, Recessed Lighting, Bedroom on Main Level, Primary Suite

Area & Lot

  • Status Sold
  • Living Area2,322 Sq.Ft.
  • Lot Area2,550 Sq.Ft.
  • MLS® IDNP24250095
  • TypeMulti-Family
  • YEAR BUILT1958
  • NeighborhoodNewport Beach
  • View DescriptionNeighborhood
  • Elementary SchoolNewport
  • Middle SchoolHorace Ensign
  • High SchoolNewport Harbor
  • School DistrictNewport Mesa Unified

Exterior

  • STORIES2
  • Garage Space2.0
  • water SourcePublic
  • PoolNone
  • lot featuresStreet Level
  • parkingGarage, Garage Faces Rear
  • HEAT TYPEFireplace(s), Wall Furnace
  • AIR CONDITIONINGWall/Window Unit(s)
  • sewerPublic Sewer
  • other exterior FeaturesLighting, Rain Gutters

Financial

  • Sales Price$3,417,000
Greg Blake

Greg Blake

Tim Smith

Tim Smith

Together

Tim Smith Real Estate Group are dedicated to helping you find your dream home and assisting with any selling needs you may have. Contact us today to start your home searching journey!

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