13 days on rocket

Backup Offers

212 40th St, Newport Beach, CA, 92663

$2,495,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
2 Full Baths, 1 Partial
2,449 SqFt
$1,019/SqFt
Multi
Schools Nearby

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

212 40th St, Newport Beach$2,495,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeDuplex
ParkingDirect Access, Garage
Attached Garage2 spaces
Year Built1965
HeatingWall Furnace
CoolingNone
WaterfrontBeach
FireplaceLiving Room
ViewNeighborhood
MLS #NP24078002
Lot Size0.06 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 212 40th St

Nestled in an enviable location just steps from one of Newport's most renowned surfing beaches and just a few strides from the bay should you wish to enjoy a bit of tranquility, this vintage, approximately 2500sf duplex presents an exceptional opportunity for both homeowners and investors. With a little vision, work with the existing bones of this home to create an ideal beach home, or optimize this desirable corner location and construct the home of your dreams. The property features a front unit boasting 3 bedrooms (3rd bedroom converted to a den) and 2 bathrooms plus a large, west-facing patio, complemented by a well-maintained rear unit offering 1 bedroom and 1 bathroom and private balcony, providing flexibility for occupants or potential rental income. Its prime position offers easy access to a vibrant dining and shopping scene, enhancing the lifestyle appeal for residents and attracting potential tenants. With its vintage charm and solid foundation, this property serves as a canvas for enhancement, inviting buyers to customize and upgrade to suit their needs. Property to be sold in as-is condition and seller will not provide any repairs nor credits.

Property Details

Property Features

Property Information:

  • Year Built: 1965
  • Stories: 2
  • Living Area: 2,449 SqFt

Listing Office:

  • Office Name: Pacific Sotheby's Int'l Realty
  • Office Phone: 949.698.1911
  • Listing Agent: Jon Flagg

Interior Features

Interior Information:

  • Appliances: Double Oven, Dishwasher, Electric Range, Freezer, Disposal, Gas Range, Refrigerator, Range Hood, Trash Compactor
  • Flooring Type: Carpet, Tile
  • Interior: Beamed Ceilings, Open Floorplan, Bedroom on Main Level
  • Fireplace: Living Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Beach
  • View: Neighborhood
  • Exterior: Balcony

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Direct Access, Garage

Virtual/3D Tour

  • 3D Tour: 212 40th St

3D Tour

Lot Features

Lot Information:

  • Lot Size: 0.06 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: None

School Info

Assigned Schools Information:

  • Newport Harbor High School, Public District Grades 9-12
  • Horace Ensign Intermediate School, Public District Grades 7-8
  • Newport Elementary School, Public District Grades KG-6

Other

Directions Information:

  • Directions: Cross street West Balboa

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,495,000
  • Price Per SqFt: $1,019/SqFt

Tax Information:

  • Annual Amount: $6,825
  • Tax Year: 2021
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Newport Beach, CA.

Map thumbnail provided by MapBox

Newport Beach, CA

City

Med. Sold Price

$3.3M

Med. Price/SqFt

$1,364

Avg. Days On Market

51

# of Sold Homes

88

212 40th St vs Newport Beach

13 DAYS ON ROCKET

-38 Days

$2,495,000

-$861.1K Less

$1,019/SqFt

-$346 Less

KEY TAKEAWAY

This property is $861.1K less than the Median Sold Price and $346/SqFt less than other homes in Newport Beach, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #NP24078002

Listing Office:

  • Office Name: Pacific Sotheby's Int'l Realty
  • Office Phone: 949.698.1911
  • Listing Agent: Jon Flagg

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/2/2024, 8:20:40 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$6,825$470,305
2020$6,789$465,483
2019$5,196$456,356
2018$5,197$447,408
2017$5,107$438,636

History based on county public records data.

Payment Calculator

$12.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,547

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4981936
9
/10

  • Newport Elementary School

  • 1327 W Balboa Blvd

  • 1.32 miles

  • Public District Grades KG-6

Middle School

school-card-donut-4981937
7
/10

  • Horace Ensign Intermediate School

  • 2000 Cliff Dr

  • 1.09 miles

  • Public District Grades 7-8

High School

school-card-donut-4981938
7
/10

  • Newport Harbor High School

  • 600 Irvine Ave

  • 1.31 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $137,037. Most Newport Beach, CA residents have annual incomes between $100k-200k. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›California›Orange County›Newport Beach›92663›212 40th St

This home is located at 212 40th St in Newport Beach, CA and zip code 92663 in the West Newport Beach neighborhood. This 2,449 square foot home, which was built in 1965, sits on a 0.06 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 19, 2024 and is currently priced at $2,495,000.

While more than 14 listings in Newport Beach, CA in April 2024 were sold above asking price, there were more than 17 listings sold at asking price, and more than 57 were sold below. The number of listings in Newport Beach, CA increased by 11.2% between March 2024 and April 2024. While the average time on the market in April 2024 was 51 days, the median list price was $3,356,190.

From Rocket Homes Real Estate and based on county public records data.

More Resources