Duplex with Short-Term Rental
New
For Sale
$5,995,000
111 38th, Newport Beach, CA 92663
Newport Beach, CA
Property SizeContact for details
Lot Size0.08 Acres
Days on Market2
Property Features for 111 38th
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
5
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 2, Laundry Room, Bedroom 3, Bathroom 3, Bathroom 1, Bedroom 4, Bedroom 5, Kitchen, Bathroom 2, Bedroom 1
Parking
2
Parking features
Carport
Window features
Insulated Windows
Interior features
Balcony, Living Room Balcony, Ceiling Fan(s), Open Floorplan, Stone Counters, Cathedral Ceiling(s)
Appliances
Gas Cooktop, Microwave, Gas Oven, Dishwasher
Subdivision
Balboa Peninsula (Residential) (BALP)
Lot features
Park Nearby
View
Ocean
Directions
38th Street between Seashore Drive and Balboa Blvd.
Standard status
Active
APN
42332212
Lot size
0.08 Acres
Utilities
Utilities
Phone Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Amenities
upper deck
lower patio
outdoor fire pit
Building Details
Year built
1963
Floors in Building
2
Number of units
2
Flooring type
Vinyl, Wood
Building materials
HardiPlank Type
Roof type
Asphalt
Additional Structures
Storage
Buildings
1
Listing Agency:
Keller Williams Coastal Prop. · Keller Williams Realty
(562) 961-1400
Listed By:
Lawrence Cech · License #02211873
(215) 519-8300
Added: Oct 30
Changed: Oct 31
Last Checked: Oct 31 at 10:06PM
MLS# PW26233559
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
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This Newport Beach duplex contains two separate residences with five bedrooms and three bathrooms combined. The lower unit has two bedrooms and one bathroom; upstairs, the three-bedroom, two-bathroom residence has its own kitchen, living room, and dining area. Renovated interiors include kitchens with stainless steel appliances, wine refrigerators, and islands with bar seating. An upper deck, lower patio, and fire pit with built-in seating provide outdoor gathering areas. Two assigned parking spaces serve the property, which was built in 1963 and occupies 0.0826 acres.
The property is on the Balboa Peninsula, three houses from the beach, with the oceanfront boardwalk nearby. Neighborhood dining, cafes, and shops are also close, while Newport Pier and Lido Marina Village are among the nearby destinations. The two residences are managed by AvantStay and can be rented separately or together. Short-term rental permits SLP13962 and SLP13963 are associated with the property. The stated approximate cap rate is 4.2%; permit status, transferability, and financial information should be verified.
The property is on the Balboa Peninsula, three houses from the beach, with the oceanfront boardwalk nearby. Neighborhood dining, cafes, and shops are also close, while Newport Pier and Lido Marina Village are among the nearby destinations. The two residences are managed by AvantStay and can be rented separately or together. Short-term rental permits SLP13962 and SLP13963 are associated with the property. The stated approximate cap rate is 4.2%; permit status, transferability, and financial information should be verified.
Key Highlights
- Two residences totaling 5 bedrooms and 3 bathrooms
- Lower unit: 2 bedrooms and 1 bathroom; upper unit: 3 bedrooms and 2 bathrooms
- Short‑term rental permits SLP13962 and SLP13963
Property Analytics
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,637
Businesses Nearby
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Business Placement
Demographics for 92663, CA
20,812
Population
12,348
Households
1.7
Avg Household Size
42
Median Age
64%
College-Educated
97%
High-School Grad
3.3 sq mi
ZIP Area
6,307
Density / Sq Mi
$138,271
Median Household Income
$77,157
Median Earnings
$2,717
Median Rent
$2,000,001
Median Home Value
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Market
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Frequently Asked Questions
What type of property is this?
Duplex - Two self-contained residences offer separate kitchens and living areas, with outdoor spaces and parking for both units.
Where is this duplex located?
The property is located at 111 38th Newport Beach, CA.
What is the asking price?
The asking price for this property is $5,995,000.
What are key features of this property?
This property features: Two residences totaling 5 bedrooms and 3 bathrooms; Lower unit: 2 bedrooms and 1 bathroom; upper unit: 3 bedrooms and 2 bathrooms; Short‑term rental permits SLP13962 and SLP13963
