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Closed
- Listed price
- $2,198,000
- Listed Sep 20, 2020
- Sold price
- $2,150,000
- Sold Nov 18, 2020
2,375 sqft lot|1958 Built|13 MLS days on market
126 40th St, Newport Beach, CA 92663
Property Description
Superior 100 Block location on 40th St! Highly sought-after residential income property just steps to the surf and sand in West Newport on Balboa Peninsula! Welcome to a 3 bedroom 1 bathroom upper unit and a 2 bedroom 1 bathroom lower unit with an additional exterior bathroom and shower. Oversized 2 car garage with shared laundry with extra space for additional parking behind the garage. Current active short term lodging permit with the city, this property will allow you to continue building your vacation rental business and have immediate cash flow. Currently generating approximately $150,000 in gross rents. This property sits on an estimated 25’x 95’ - 2,375sqft lot. Great opportunity for an immediate sand close turn-key vacation rental or the long term vision of new construction in a prime location! Restaurants, cafes, grocery, Lido Village and so much more all within walking distance or a short bike ride. Welcome to 126 40th St, seconds to the beach, close to the boardwalk, hop on a bike ride to the Newport Pier and enjoy everything West Newport has to offer!
Listing agent: Nicolai GlazerDRE #01857997nicolai@nicolaiglazer.com, Listing office: Pacific Sotheby's Int'l Realty
MLS data updated 11/1/2026, 6:00:32 AM PT
Source: CRMLSMLS #: NP20197458
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$2,150,000
Nov 18, 2020
Available records22020
From MLS recordsActual listing and closing events
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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.This home · 0 price recordsNo records in this period
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Recorded sales in this period (0)
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.
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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.