114 41st Street

Newport Beach, CA 92663

$4,100,000
Last Sold Price
10
Beds
7
Baths
2,970 Sq. Ft.
$1,380 / Sq. Ft.
2,970
Sq. Ft.
$1,380
per Sq. Ft.

Description

Luxury Live Auction! Bidding to start from $2,500,000! Have you been looking to live in a spacious beachside home where you can watch the sunset over the ocean every afternoon? How about one with an attached rental income you can apply toward your mortgage? Say hello to 114 41st St., in Newport Beach. This 10 bedroom, 7 bathroom beach duplex is a mere 60-second walk from the front door to dipping your toes in the Pacific. As the waves crash yards away, stepping onto the property, it is already easy...Luxury Live Auction! Bidding to start from $2,500,000! Have you been looking to live in a spacious beachside home where you can watch the sunset over the ocean every afternoon? How about one with an attached rental income you can apply toward your mortgage? Say hello to 114 41st St., in Newport Beach. This 10 bedroom, 7 bathroom beach duplex is a mere 60-second walk from the front door to dipping your toes in the Pacific. As the waves crash yards away, stepping onto the property, it is already easy to envision your life here. The downstairs unit has access to the perfect patio for hosting on the 4th of July or sipping a coffee after your morning walk along the sand. Stepping inside through the sliding glass doors, you first arrive in the kitchen/dining space and living room. Amber wood cabinetry lines the kitchen, providing ample storage, and matches beautifully with the granite countertops. The living room is the perfect cozy escape while feeling the ocean breeze on those crisp Newport Beach nights. The first-floor unit houses four of the six bedrooms, and three bathrooms, while the upstairs unit has the remaining two bedrooms and two bathrooms. Much like the downstairs unit, the upstairs delivers the same beachy comfort. With a similar stylish kitchen and cozy living room, the real selling point of this unit are the two private patios. There is one smaller deck in the back, off the main bedroom, and another perched above the lower unit’s patio. Of the two, this space is grander, offering plenty of room to host guests for a beach day barbecue. Lastly, this duplex boasts six attached parking spots, eliminating any concern of parking in this highly-sought after neighborhood. Whether you are looking to invest in one of the most extraordinary beach communities on the planet or settle down yourself while bringing in some rental income at the same time, this property is primed and ready for you to come in and make it your own.
  1. Listed by Justin Green • DRE #01924005 • Brokerage DRE #01446803 • Harcourts Prime Properties • 9496151974
  2. Listed by William Pasqualino • DRE #01979443 • Brokerage DRE #01446803 • Harcourts Prime Properties

Property Details for 114 41st Street

View
Coastline, Ocean, Water
Parking Spaces Total
4
Private Pool
No
Cooling Type
N/K
Total Units
2.0
Building Type
Detached
Lot Size Source
Estimated
Living Area
2970

Location

Listing Courtesy of Harcourts Prime Properties, Justin Green, DRE #01924005; Harcourts Prime Properties, William Pasqualino, DRE #01979443

Sold By Harcourts Prime Properties, Justin Green, DRE #01924005; Harcourts Prime Properties, Angelina Pasqualino, DRE #01961619

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LISTING UPDATED: 06/09/2022 08:23 AM

Property Details for 114 41st Street

StatusClosed
MLS #OC22064694
Days on Market31
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeTownhouse
MLS TypeResidential
Year Built1963
Lot Size0.07 AC / 3,250 SF
CountyOrange County

Location

Listing Courtesy of Harcourts Prime Properties, Justin Green, DRE #01924005; Harcourts Prime Properties, William Pasqualino, DRE #01979443

Sold By Harcourts Prime Properties, Justin Green, DRE #01924005; Harcourts Prime Properties, Angelina Pasqualino, DRE #01961619

Add your commute

Building Information for 114 41st Street

Stories2Residences-Year Built1963Building Size-Lot Size0.07 AC / 3,250 SF

Payment Calculator

$26,073 per month

30 year fixed, 7.25% Interest

Principal and Interest

$22,375

Property Taxes

$3,698

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 114 41st Street

Income / Expense / Tax Details
Income Details
  • Gross Income: $164,400
  • Gross Scheduled Income: $164,400
  • Net Operating Income: $126,736
  • Other Income Description: lower due to covid
  • Financing: Conventional
Expense Details
  • Operating Expense: $37,664
  • Cable TV Expense: $1,821
  • Fuel Expense: $715
  • Electric Expense: $1,010
  • Insurance Expense: $884
  • Trash Expense: $0
  • Water Sewer Expense: $1,176
  • Total Expenses: $5,606
Tax / Assessment Info
  • Tax Tract Number: 3813
  • Tax Census Tract: 635.00
  • CFD/Mello-Roos Fee: $515
  • Tax Lot: 39
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Biking, Curbs, Fishing, Golf, Hiking, Park, Watersports
Property / Structure Info
Interior Features
  • Room Type: All Bedrooms Down, All Bedrooms Up, Main Floor Bedroom, Main Floor Master Bedroom
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 4
  • Bedroom Features: All Bedrooms Down, All Bedrooms Up, Main Floor Bedroom, Main Floor Master Bedroom
  • Laundry: Yes
  • Laundry Features: In Closet
  • Laundry Location: Closet Full Sized
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Fireplace: N/K
  • Cooling: None
Exterior Features
  • Structure Type: Duplex
  • View Description: Coastline, Ocean, Water
  • Patio: Yes
  • Patio: Concrete
  • Patio And Porch Features: Concrete
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre
  • Lease Considered: No
  • Number Of Units: 2
  • Available For Lease: No
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Sewer/Septic: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 4
  • Parking: Yes
  • Parking Garage: Garage
  • Parking Garage Spaces: 4
  • Carport Spaces: 0
  • Attached Garage: Yes
  • Parking Features: Garage
Property / Structure Info
  • Builders Tract Name: Other
  • Builders Tract Code: Other (OTHR)
  • Residential Styles: Townhome
  • Residential Unit Location: No Common Walls
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 6
  • Unit Type Baths Total: 4
  • Unit Type Garage Spaces: 3
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $150,000
  • Unit Type Total Rent: $150,000
  • Unit Type Pro Forma: 175000
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 4
  • Unit Type Baths Total: 3
  • Unit Type Garage Spaces: 3
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $100,000
  • Unit Type Total Rent: $100,000
  • Unit Type Pro Forma: 125000
  • Unit Type Type: 2
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1

Property History for 114 41st Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 114 41st Street

Taxable ValueLand$4,026,110Additions$155,890Total$4,182,000
Tax Record2023$44,377 ($3,698 / month)
Home Facts
Total Finished SqFt1,412 SqFtAbove Grade Finished SqFt1,412 SqFtLot Size3,202 SqFtStyleMulti-Family Dwelling (2-4)Year Built1963CountyORANGEAPN423-312-08

Schools near 114 41st Street

This home is within Newport-Mesa Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Newport Elementary School
PublicK to 6

Horace Ensign Intermediate School
Public7 to 8

Newport Harbor High School
Public9 to 12

Monte Vista High School
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Harcourts Prime Properties, Justin Green, DRE #01924005; Harcourts Prime Properties, William Pasqualino, DRE #01979443

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.