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Furnished Duplex with Short-Term Rental Permits

131 45th Street, Newport Beach, CA 92663

For Sale
New
$3,700,000

Two residences offer a combined four-bedroom layout, outdoor patios, and garage parking for two vehicles.

Property Size1,825 SF
Days on Market5

Property Features for 131 45th Street

General Information

Standard status Active
Size 1,825 SF
Total Parking Spaces 2
Property subtype Duplex

Additional Details

Furnished Yes
Business Included Yes
Multifamily Units 2
Currently Operating Yes

Taxes and HOA fees

Annual Taxes $19,076

Amenities

fenced patios
outdoor shower
EV charger
on-site laundry
fireplace
gas BBQs
cushioned lounge seating

Building Details

Building Size 1,825 SF
Year Built 1956
Buildings 1
Listing Agency: Pacific Sotheby's Int'l Realty
Listed By: Nicolai Glazer · License CA #01857997
From the agent's profile:
Source: Summerperrygroup
Added: Nov 11 Changed: Nov 14 Last Checked: Nov 14 at 2:13PM

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

Rey
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Investment Insights

Based on property information with market context.

This furnished duplex comprises two units with four bedrooms and three bathrooms in total. The upper residence has an open living and dining area with partial bay views. The downstairs front unit includes two bedrooms, two bathrooms, an ensuite, a living area with a fireplace, and a breakfast bar. Two fenced patios provide outdoor space, complemented by an outdoor shower. The property also has a two-car garage, an EV charger, and on-site laundry. Built in 1956, it has two active short-term rental permits.

The property is on 45th Street in Newport Beach, near the beach, boardwalk, restaurants, and grocery stores.

Key Highlights

  • Two active short‑term rental permits
  • Two units with 4 bedrooms and 3 bathrooms combined
  • Two‑car garage with EV charger

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

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

Average Price Trend$/SF for Duplexes in Newport Beach, CA

$1,452 Jul
$1,096 Aug
$1,210 Sep
$1,445 Oct

Properties on Market for Duplexes in Newport Beach

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two residences offer a combined four-bedroom layout, outdoor patios, and garage parking for two vehicles.
Where is this duplex located?
The property is located at 131 45th Street Newport Beach, CA.
What is the asking price?
The asking price for this property is $3,700,000.
What are key features of this property?
This property features: Two active short‑term rental permits; Two units with 4 bedrooms and 3 bathrooms combined; Two‑car garage with EV charger
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