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Duplex with Ocean Views
New
For Sale
$4,195,000

126 45th Street, Newport Beach, CA 92663

Two furnished residences offer a five-bedroom configuration, beach views, and outdoor living areas.

Property Size2,320 SF
Days on Market5

Property Features for 126 45th Street

General Information

Standard status Active
Size 2,320 SF
Property subtype Duplex

Units

Unit Mix 1 x 3BR/2BA, 1 x 2BR/2BA
Multifamily Units 2

Additional Details

Furnished Yes
Business Included Yes

Amenities

balcony
patio
Jacuzzi tub

Building Details

Building Size 2,320 SF
Year Built 1965
Listing Agency: Pacific Sotheby's Int'l Realty
Listed By: Nicolai Glazer · License #01857997
Source: Velocityrealtysd
Added: Sep 30 Changed: Oct 3 Last Checked: Oct 4 at 1:41PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Pacific Sotheby's Int'l Realty

Investment Insights

Based on property information with market context.

Built in 1965, this duplex has a three-bedroom, two-bath upper residence and a two-bedroom, two-bath lower residence. Both include living areas; the upper residence also has a balcony, while the lower opens to a front patio. The property is furnished and has two active short-term rental permits, with capacity to sleep 12 guests.

Updates and features include a newer roof, replacement garage doors with quiet motors, vinyl fencing and gates, a tankless water heater, and high-efficiency forced-air units. Kitchens and bathrooms have quartz countertops, and the property includes new refrigerators. The lower residence is also furnished with new Polywood outdoor furniture.

Key Highlights

  • Two active short‑term rental permits
  • Furnished duplex accommodates up to 12 guests
  • Upper residence: 3 bedrooms, 2 bathrooms, and a balcony

Property Analytics

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Current Use

Ocean View Vacation ... Vacation Rental

Suggested Use

Top Pick Daycare Center Grocery & Convenience Store Locksmith Storage Facility Catering Service (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

2,716
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two furnished residences offer a five-bedroom configuration, beach views, and outdoor living areas.
Where is this duplex located?
The property is located at 126 45th Street Newport Beach, CA.
What is the asking price?
The asking price for this property is $4,195,000.
What are key features of this property?
This property features: Two active short‑term rental permits; Furnished duplex accommodates up to 12 guests; Upper residence: 3 bedrooms, 2 bathrooms, and a balcony
More about this property
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