126 31st ST Open House Save Request In-Person Tour Request Virtual Tour
Newport Beach,CA 92663
OPEN HOUSE
Fri Oct 03, 11:00am - 2:00pm Sun Oct 05, 1:00pm - 3:00pm
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,461 sqft
Price per Sqft $1,076
Subdivision Balboa Peninsula (Residential) (Balp)
MLS Listing ID NP25229658
Bedrooms 6
Full Baths 5
HOA Y/N No
Year Built 1972
Lot Size 2,178 Sqft
Property Sub-Type Duplex
Property Description
Tucked along the coveted Newport Beach Peninsula, this rare R-2–zoned duplex offers the ultimate coastal lifestyle—just 12 houses from the sand and within walking distance to the shops and dining of Lido Village, the amenities of The Landing Shopping Center, and the vibrant activity of Balboa Harbor. With R-2 zoning that permits Short-Term Lodging (property is eligible to apply for a permit), the property is as compelling for investment as it is for personal enjoyment. The upper unit lives like a private retreat, offering a spacious full kitchen, in-unit laundry, and three bedrooms—each with its own en suite bath—ideal for long-term living or premium rental opportunities. The lower unit is equally inviting with three bedrooms, two baths, and an open living area that flows seamlessly through sliding doors to a private outdoor patio. A two-car garage with laundry completes the lower level, providing both convenience and functionality. With its prime location, versatile layout, and short-term lodging potential, this property is a rare find—blending the best of lifestyle and investment in the heart of Newport Beach.
Location
State CA
County Orange
Area Np - Balboa Peninsula
Rooms
Main Level Bedrooms 3
Interior
Interior Features Breakfast Bar,Ceiling Fan(s),Open Floorplan,Stone Counters,Recessed Lighting
Heating Central
Cooling None
Flooring Stone
Fireplaces Type Living Room
Fireplace Yes
Appliance Gas Oven,Gas Range,Microwave,Refrigerator
Laundry Inside,In Garage,Upper Level
Exterior
Parking Features Garage
Garage Spaces 2.0
Garage Description 2.0
Fence Wood
Pool None
Community Features Biking,Curbs,Gutter(s),Storm Drain(s),Street Lights,Sidewalks
View Y/N Yes
View Ocean,Peek-A-Boo
Roof Type Composition,Shingle
Accessibility No Stairs
Total Parking Spaces 2
Private Pool No
Building
Lot Description Corner Lot
Dwelling Type Duplex
Story 2
Entry Level Two
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Patio Home
Level or Stories Two
New Construction No
Schools
School District Newport Mesa Unified
Others
Senior Community No
Tax ID 04708201
Security Features Smoke Detector(s)
Acceptable Financing Cash,Cash to New Loan
Listing Terms Cash,Cash to New Loan
Special Listing Condition Standard