714-914-4996

212 42nd Street,
Newport Beach, CA 92663

$2,799,000

ATTENTION INVESTORS, BUILDERS, AND DEVELOPERS! 212 42nd Street presents a range of possibilities, this is the perfect opportunity for savvy investors, builders, and or developers. The current structure is a duplex that consists of (2) 1 bedroom, 1 bathroom units. A standout feature of this property is the inclusion of (2) transferable Short-Term Lodging Permits (STLP) issued by the City of Newport Beach. The existing structure is in need of repair, but it remains salvageable and offers significant potential. For Development the property measures 30' x 85', and the City of Newport Beach allows for the development of up to 2,762 square feet of living space, in addition to a 400-square-foot garage. This is a unique opportunity that rarely comes available and wont last. Property is being offered AS-IS!

Basic Information

MLS #:
OC25063841

Price:
$2,799,000

Price
(per sq ft):
$2,264.00

Address:
212 42nd Street ,
Newport Beach, CA 92663

MLS Area:
N8 - West Newport - Lido

Subdivision:
West Newport Beach (WSNB)

Property
Type:
Duplex

Days on Market:
9

Status:
Active

Bedrooms:
2

Bathrooms:
2

Full Baths:
2

Size (sq ft):
1,236 sq ft

Lot Size:
2,526 sq ft

Year Built:
1933

Sale Type:
Standard

Rooms in Home

Rooms:
All Bedrooms Down

Eating Area:

Laundry:
None

Entry Location:
1

Interior Features

Fireplace:
None

Cooling:
None

Heating:

Floor:

Appliances:

Interior Features:

Security:

Accessibility:

Garage and Parking

Garage:
Attached

Garage:
0 Spaces

Carport:
0 Spaces

Parking:

Home Owners Association

HOA Dues 1:
$0.00 /

HOA Dues 2:
$

HOA Amenities: 

Utilities

Water:
Public

Utilities:

School Information

District:
Newport Mesa Unified

Elementary:

Middle:

High:

Exterior Features

Pool:
None

Spa:

Patio:

View:
See Remarks

Construction:

Foundation:

Roof:

Windows:

Common Walls:
No Common Walls

Levels:
One

Lot Features:
0-1 Unit/Acre

Additional Information

County:
Orange

Senior Community:
No

Community Features:
Biking, Dog Park, Watersports, Sidewalks

Other Structures:

Structure Condition:
Fixer

Direction Faces:

Listed by:
Pointe Real Estate Inc. , Sina Oveissi , 02000356

Co-Listed:
POINTE REAL ESTATE INC. , Dakota Hopkins , 02091570

Last
Updated:
4/3/2025 6:18 PM

212 42nd Street,
Newport Beach, CA 92663