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, walkability to local amenities, and strong underlying land value, 207 38th Street represents a compelling opportunity to capitalize on one of the most desirable coastal markets in Southern California....
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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
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