$2,825,000

205 40th Street, Newport Beach CA, 92663

Price per sqft$1,255.00

Built in1955

Property size2,251 sqft

Property typeMulti-family

Bought with Brett Smith with Notch Luxury Properties and Listed by Jason Jacobs CA DRE# 02108263 with Jim Jacobs Realty 949-345-5577

Overview

Sold

Closed

Listed Jan 23, 2025

Updated Jun 19

Quintessential Newport Beach home situated conveniently at the entrance to Balboa peninsula, this meticulously maintained duplex features a two story front unit with 3 bedrooms and 2.5 baths, a two car garage and an office/den. The front unit exudes stylish beach living with refinished hardwood floors, remodeled bathrooms, plush new carpet in bedrooms and pristine finishes throughout. The fresh and clean rear unit above the garage has a private separate entrance and offers 2 bedrooms, 2 full baths, a spacious living area, an interior laundry hook up and carport. Renovations completed in the last 5 years include a new underground sewer system for both units, upgraded interior plumbing and new electrical systems with updated panels, switches and outlets. Extensive exterior wood work and painting on windows, doors and stucco as well as a new garage door enhance the property’s appeal. Presented in turn key condition, this property is move in ready and is located within the top tier Newport Mesa Unified school district. Although there is excellent rental income potential, this home is ideal for a multi generational family to experience the joys of living just steps from the bay and ocean.

Additional information

MLS^® ID: NP25009636

Interior Features

Bedrooms: 5
Bathrooms: 5
Fireplace: Yes
Heating: Yes
Basement: No

Exterior Features

Lot Size: 0.06 Acres

Other Property Details

Garage: Yes
View: Yes
55+/Senior Community: No

Bought with Brett Smith with Notch Luxury Properties and Listed by Jason Jacobs CA DRE# 02108263 with Jim Jacobs Realty 949-345-5577

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 6/19/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 6/19/2026 at 2:02 PM UTC Last Checked: 2:02 PM UTC