207 38th Street, Newport Beach, CA 92663

Local realty services provided by:CENTURY 21 Sierra Properties
207 38th Street,Newport Beach, CA 92663
$2,325,000
  • 2 Beds
  • - Baths
  • 1,000 sq. ft.
  • Multi-family
  • Active
Listed by: damien breaux
Office: morgan skenderian
MLS#:CRPW26082672
Source:Bay East, CCAR, bridgeMLS

Price summary

  • Price:$2,325,000
  • Price per sq. ft.:$2,325

About this home

Pleased to present 207 38th Street, a rare coastal investment opportunity located just steps from the beach in one of Newport Beach's most sought-after neighborhoods. Situated on a ±2,375 square foot lot, the property offers a unique combination of in-place income and significant upside potential, making it well-suited for investors, developers, or owner-users. The property consists of two 1-bedroom, 1-bathroom units, each approximately ±500 square feet. The front unit is currently vacant, providing immediate flexibility for renovation or occupancy, while the rear unit is leased on a month-to-month basis, allowing for optionality in repositioning or redevelopment timing. Built in 1952, the existing improvements present an opportunity for a buyer to execute a comprehensive renovation program to create high-end coastal rentals, or to redevelop the site into a new custom residence or luxury multifamily property, subject to city approvals. With its premier beach-close location,...

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Home facts

  • Year built:1952
  • Listing ID #:CRPW26082672
  • Added:2 day(s) ago
  • Updated:April 19, 2026 at 02:32 PM

Rooms and interior

  • Bedrooms:2
  • Living area:1,000 sq. ft.

Structure and exterior

  • Year built:1952
  • Building area:1,000 sq. ft.
  • Lot area:0.05 Acres
  • Architectural Style:Duplex

Finances and disclosures

  • Price:$2,325,000
  • Price per sq. ft.:$2,325

Features and amenities

  • Laundry features:No Hookups
MLS LogoBay East 2026. CCAR 2026 bridgeMLS 2026. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at April 19, 2026