131 46th St - Multi-Family FOR SALE


Newport Beach, CA 92663- West Newport Beach
$4,300,000 USD
714-322-9400
131 46th St, Newport Beach, CA for Sale
$4,300,000 USD
Multi-Family - FOR SALE
1/9
null | 3% Cap Rate

131 46th St
Newport Beach, CA 92663
West Newport Beach


HIGHLIGHTS

  • Totally remodeled duplex steps from the beach.
  • Both units are 3 bedroom, 2 bathroom and highly upgraded with premium finishes, sleek fixtures and energy efficient systems.
  • Ideal for the investor looking for a high end peninsula rental.

OVERVIEW

Live the beach lifestyle in this beautifully remodeled duplex, ideally located on the Peninsula of Newport Beach, offers 2440 sq ft of bright, open-concept living just steps from the sand. A rare opportunity to own a move-in-ready coastal income property with unbeatable convenience and lifestyle appeal. The upper unit showcases 1064 sq ft of intelligent modern design with seamless indoor-outdoor flow-perfect for soaking in ocean breezes and vibrant sunsets from the front deck. The lower level offer 1376 sq ft of living area that opens to the outside patio for relaxing enjoyment. Each level offers 3 bedrooms, 2 bathrooms, and private spaces tailored for residents or guest alike. This home has been meticulously upgraded with premium finishes, sleek fixtures and energy efficient systems that blend style with comfort. The attached 3-car garage provide convenience that's rare for the area. Whether you're looking for a primary residence, a vacation getaway, or an investment opportunity with a 3% cap rate rental potential, this duplex delivers. The property is ideal for 1031 exchange buyers and those eager to capitalize on Newport Beach's thriving rental market.

FOR SALE DETAILS

PRICE

$4,300,000 USD

PRICE/SF

$1,762 USD /SF

# OF UNITS

2

PRICE/UNIT

$2,150,000

CAP RATE

3%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

131 46th St

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1988

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,614 SF

ZONING

R2

APN/PARCEL ID

424-412-17

ASK ABOUT THIS PROPERTY

John ParentiPartners Real EstateMore Info
714-322-9400

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John ParentiPartners Real EstateMore Info
714-322-9400

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.