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HEAR the WAVES! Rare Multi-unit property located in a PRIME location, for the Love of the Sand and Sea. 115 42nd is only 3 houses from the beach on the 100 Block on the Balboa Peninsula of Newport Beach. Just steps from the Surf and Sand, restaurants, piers, entertainment, parks, trails and shopping. This property has captivating Ocean Views from its upstairs balcony. This Multi-unit income property is the perfect destination for people to visit from around the world. The upstairs unit a 3 bed2 full bath has a large living room and open faced kitchen to get that afternoon ocean breeze. With it's large vaulted ceilings and bamboo flooring along with its Polynesian style decor you can't help but feel like your on the Islands. Granite counter tops, stainless steel range, and a glass bar helps you feel the luxury of what living in Newport Beach is all about. The balcony view of the ocean is relaxing and detoxifying after you have had a long day, with a peek a boo view of the ocean from the back balcony. The lower unit is a 3 bedroom 2 full bath room's with the feel that you are staying a luxury hotel. The patio is large and great for BBQ's all year round. The building had 3 enclosed garages parking spots outside washer/dryer hook-ups which are coin-op for additional income. The property has been recently improved with a nearly new composition roof, copper plumbing, the water has been separated if you would like to do a condo conversion. A MUST SEE!!
Listing agent: John Zarvos DRE #00558652 john@vikingintlre.com, Listing office: Viking Real Estate and Inv.
MLS data updated 11/3/2026, 2:22:48 PM PT
Source: CRMLS, MLS #: NP20169885
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Nov 13, 2020
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
No recordNo property-price record in this range.ZIP 92663 · Nov 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.