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Sold for $3,050,000 on 11/04/25
  • Listing Provided by: 

    Heather Kidder DRE #01187466 949-238-6000,

    Arbor Real Estate,

    Sara Taylor DRE #01764056,

    Arbor Real Estate

    Bought with: Alliance Investment RE Group
    $3,050,000

    126 31st St, Newport Beach, CA 92663

    6beds
    2,461sqft
    Duplex
    Built in 1972
    2,178 Square Feet Lot
    $2,700,300 Zestimate®
    $1,239/sqft
    $5,532 Estimated rent

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    $5,532/mo

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    $5,532/mo

    Rent Zestimate®

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    $18,671/mo

    Est. payment

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    $18,671/mo

    Est. payment

    What's special

    Tucked along the coveted Newport Beach Peninsula, this rare R-2–zoned duplex offers the ultimate coastal lifestyle—just 12 houses from the sand and within walking distance to the shops and dining of Lido Village, the amenities of The Landing Shopping Center, and the vibrant activity of Balboa Harbor. With R-2 zoning that permits Short-Term Lodging (property is eligible to apply for a permit), the property is as compelling for investment as it is for personal enjoyment. The upper unit lives like a private retreat, offering a spacious full kitchen, in-unit laundry, and three bedrooms—each with its own en suite bath—ideal for long-term living or premium rental opportunities. The lower unit is equally inviting with three bedrooms, two baths, and an open living area that flows seamlessly through sliding doors to a private outdoor patio. A two-car garage with laundry completes the lower level, providing both convenience and functionality. With its prime location, versatile layout, and short-term lodging potential, this property is a rare find—blending the best of lifestyle and investment in the heart of Newport Beach.

    Zillow last checked: 8 hours ago

    Listing updated: November 04, 2025 at 12:16pm

    Listing Provided by:

    Heather Kidder DRE #01187466 949-238-6000,

    Arbor Real Estate,

    Sara Taylor DRE #01764056,

    Arbor Real Estate

    Bought with:

    Ruben Khorsandi, DRE #01085411

    Alliance Investment RE Group

    Source: CRMLS,MLS#: NP25229658MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 5
    • Full bathrooms: 5
    • Main level bathrooms: 2
    • Main level bedrooms: 3
    Bathroom
    • Features: Separate Shower, Tub Shower
    Kitchen
    • Features: Kitchen/Family Room Combo, Stone Counters
    Heating
    • Central
    Cooling
    • None
    Appliances
    • Included: Gas Oven, Gas Range, Microwave, Refrigerator
    • Laundry: Inside, In Garage, Upper Level
    Features
    • Breakfast Bar, Ceiling Fan(s), Open Floorplan, Stone Counters, Recessed Lighting
    • Flooring: Stone
    • Doors: Sliding Doors
    • Has fireplace: Yes
    • Fireplace features: Living Room
    • Common walls with other units/homes: End Unit,No Common Walls
    Interior area
    • Total interior livable area: 2,461 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage
    • Garage spaces: 2
    Accessibility
    • Accessibility features: No Stairs
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: 1/2
    • Pool features: None
    • Spa features: None
    • Fencing: Wood
    • Has view: Yes
    • View description: Ocean, Peek-A-Boo
    • Has water view: Yes
    • Water view: Ocean
    Lot
    • Size: 2,178 sqft
    • Features: Corner Lot
    Details
    • Parcel number: 04708201
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Patio Home
    • Property subtype: Duplex
    Materials
    • Foundation: Slab
    • Roof: Composition,Shingle
    Condition
    • New construction: No
    • Year built: 1972

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Security
    • Security features: Smoke Detector(s)
    Community
    • Community features: Biking, Curbs, Gutter(s), Storm Drain(s), Street Lights, Sidewalks
    Location
    • Region: Newport Beach
    • Subdivision: Balboa Peninsula (Residential) (Balp)

    Other

    Other facts
    • Listing terms: Cash,Cash to New Loan
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    Estimated market value
    $2,700,300