$2,799,000 - 115 42nd Street, Newport Beach

  • 0Beds
  • Baths
  • 2,604SQ. Feet
  • 0.06Acres

HEAR the WAVES! Rare Multi-unit property located in a PRIME location, for the Love of the Sand and Sea. 115 42nd is only 3 houses from the beach on the 100 Block on the Balboa Peninsula of Newport Beach. Just steps from the Surf and Sand, restaurants, piers, entertainment, parks, trails and shopping. This property has captivating Ocean Views from its upstairs balcony. This Multi-unit income property is the perfect destination for people to visit from around the world. The upstairs unit a 3 bed2 full bath has a large living room and open faced kitchen to get that afternoon ocean breeze. With it's large vaulted ceilings and bamboo flooring along with its Polynesian style decor you can't help but feel like your on the Islands. Granite counter tops, stainless steel range, and a glass bar helps you feel the luxury of what living in Newport Beach is all about. The balcony view of the ocean is relaxing and detoxifying after you have had a long day, with a peek a boo view of the ocean from the back balcony. The lower unit is a 3 bedroom 2 full bath room's with the feel that you are staying a luxury hotel. The patio is large and great for BBQ's all year round. The building had 3 enclosed garages parking spots outside washer/dryer hook-ups which are coin-op for additional income. The property has been recently improved with a nearly new composition roof, copper plumbing, the water has been separated if you would like to do a condo conversion. A MUST SEE!!

Sales Agent

Sam SmithLaguna Beach Realtors ®Phone: 949-355-1622Cell: 949-355-1622Contact Agent Now

Essential Information

  • MLS® #:NP20169885
  • Price:$2,799,000
  • Bathrooms:0.00
  • Square Footage:2,604
  • Acres:0.06
  • Year Built:1963
  • Type:Residential Income
  • Style:Bungalow
  • Status:Closed

Community Information

  • Address:115 42nd Street
  • Area:Balboa Peninsula (NP)
  • Subdivision:Balboa Peninsula (Residential) (BALP)
  • City:Newport Beach
  • County:Orange
  • State:CA
  • Zip Code:92663


  • Parking Spaces:3
  • # of Garages:3


  • Appliances:Garbage Disposal, Gas Oven, Gas Water Heater, Stackable
  • Heating:Forced Air, Fireplace, Wall Heater
  • Cooling:None
  • Fireplace:Yes
  • # of Stories:2
  • Stories:Two


  • Lot Description:2-5 Units/Acre
  • Roof:Composition
  • Foundation:Concrete Slab

Additional Information

  • Date Listed:August 19th, 2020
  • Days on Market:86

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Balboa Peninsula (residential) (balp)

  • City:
    Newport Beach
  • Price Range:
    $1,360,000 - $7,995,000
  • Current Listings:
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Provided By: John Zarvos(00558652), Viking Real Estate and Inv..

Based on information from California Regional Multiple Listing Service, Inc. as of December 2nd, 2020 at 6:46am PST. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.