212 40th Street

Newport Beach, CA 92663

$2,495,000
Price
4
Beds
2
Baths
1
1/2 Bath
2,449 Sq. Ft.
$1,019 / Sq. Ft.
2,449
Sq. Ft.
$1,019
per Sq. Ft.

Description

Nestled in an enviable location just steps from one of Newport's most renowned surfing beaches and just a few strides from the bay should you wish to enjoy a bit of tranquility, this vintage, approximately 2500sf duplex presents an exceptional opportunity for both homeowners and investors. With a little vision, work with the existing bones of this home to create an ideal beach home, or optimize this desirable corner location and construct the home of your dreams. The property features a front unit...Nestled in an enviable location just steps from one of Newport's most renowned surfing beaches and just a few strides from the bay should you wish to enjoy a bit of tranquility, this vintage, approximately 2500sf duplex presents an exceptional opportunity for both homeowners and investors. With a little vision, work with the existing bones of this home to create an ideal beach home, or optimize this desirable corner location and construct the home of your dreams. The property features a front unit boasting 3 bedrooms (3rd bedroom converted to a den) and 2 bathrooms plus a large, west-facing patio, complemented by a well-maintained rear unit offering 1 bedroom and 1 bathroom and private balcony, providing flexibility for occupants or potential rental income. Its prime position offers easy access to a vibrant dining and shopping scene, enhancing the lifestyle appeal for residents and attracting potential tenants. With its vintage charm and solid foundation, this property serves as a canvas for enhancement, inviting buyers to customize and upgrade to suit their needs. Property to be sold in as-is condition and seller will not provide any repairs nor credits.
  1. Listed by Jon Flagg • DRE #01316048 • Brokerage DRE #01767484 • Pacific Sotheby's Int'l Realty • 949.698.1911
  2. Listed by Kyle Flagg • DRE #02095991 • Brokerage DRE #01767484 • Pacific Sotheby's Int'l Realty

Property Details for 212 40th Street

View
Neighborhood
Parking Spaces Total
2
Private Pool
No
Cooling Type
N/K
Total Units
2.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
2449

Location

Listing Courtesy of Pacific Sotheby's Int'l Realty, Jon Flagg, DRE #01316048; Pacific Sotheby's Int'l Realty, Kyle Flagg, DRE #02095991
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LISTING UPDATED: 04/26/2024 04:33 AM

Property Details for 212 40th Street

StatusActive Under Contract
MLS #NP24078002
Days on Market7
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeTownhouse
MLS TypeResidential
Year Built1965
Lot Size0.06 AC / 2,818 SF
CountyOrange County

Location

Listing Courtesy of Pacific Sotheby's Int'l Realty, Jon Flagg, DRE #01316048; Pacific Sotheby's Int'l Realty, Kyle Flagg, DRE #02095991
Add your commute

Virtual Tour

Building Information for 212 40th Street

Stories2Residences-Year Built1965Building Size-Lot Size0.06 AC / 2,818 SF

Payment Calculator

$14,206 per month

30 year fixed, 7.25% Interest

Principal and Interest

$13,616

Property Taxes

$590

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 212 40th Street

Income / Expense / Tax Details
Tax / Assessment Info
  • Tax Block: 139
  • Tax Tract Number: 164
  • Tax Census Tract: 635.00
  • CFD/Mello-Roos Fee: $1,945
  • Tax Lot: 7
Community / Development
Community / Development
  • Assessments YN: No
  • Assessments: None
  • Community Features: Curbs, Sidewalks, Street Lights
  • Number Of Units In Community: 2
Property / Structure Info
Interior Features
  • Appliances: Dishwasher, Double Oven, Freezer, Disposal, Gas & Electric Range, Range Hood, Refrigerator, Trash Compactor
  • Equipment: Dishwasher, Disposal, Refrigerator, Trash Compactor, Double Oven, Freezer, Gas & Electric Range
  • Interior Features: Beamed Ceilings, Open Floorplan
  • Room Type: Den, Kitchen, Living Room, Main Floor Bedroom
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Room Bathroom Features: Bathtub, Shower, Shower in Tub, Tile Counters
  • Bedroom Features: Main Floor Bedroom
  • Room Kitchen Features: Kitchen Island, Kitchen Open to Family Room
  • Eating Area: Area, Breakfast Counter / Bar
  • Laundry: Yes
  • Laundry Features: In Garage
  • Laundry Location: Garage
  • Fireplace Features: Living Room
  • Fireplace Rooms: Living Room
  • Fireplace: FP in Living Room
  • Cooling: None
  • Heating Type: Wall
  • Heating: Wall Furnace
  • Heat Equipment: Wall/Gravity
  • Floor Coverings: Carpet, Tile
  • Flooring: Carpet, Tile
Exterior Features
  • Exterior Features: Balcony
  • Entry Location: 1
  • Structure Type: Duplex
  • Waterfront Features: Beach Access
  • Patio: Yes
  • Patio: Covered, Patio
  • Patio And Porch Features: Covered, Patio
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
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
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Electric: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking: Yes
  • Parking Garage: Direct Entrance
  • Parking Garage Spaces: 2
  • Parking Garage: Direct Garage Access
  • Carport Spaces: 0
  • Attached Garage: Yes
  • Parking Features: Direct Garage Access
Property / Structure Info
  • Builders Tract Name: Central Newport
  • Builders Tract Code: Central Newport (CNEW)
  • Residential Styles: Townhome
  • Residential Unit Location: 1 common wall

Property History for 212 40th 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 212 40th Street

Taxable ValueLand$398,159Additions$91,146Total$489,305
Tax Record2023$7,074 ($590 / month)
Home Facts
Total Finished SqFt2,449 SqFtAbove Grade Finished SqFt2,449 SqFtLot Size2,715 SqFtStyleMulti-Family Dwelling (2-4)Year Built1965CountyORANGEAPN423-307-01Fireplace TypeHas Fireplace

Schools near 212 40th 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.

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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. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Pacific Sotheby's Int'l Realty, Jon Flagg, DRE #01316048; Pacific Sotheby's Int'l Realty, Kyle Flagg, DRE #02095991

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.