212 42nd Street

Newport Beach, CA 92663

  • 2 Bed(s)
  • 2 Bath(s)
  • 1,236 Sqft
  • 2526
    Sqft(Lot)
$2,799,000

Description

Attention investors, builders, and developers! 212 42nd street presents a range of possibilities, this is the perfect opportunity for savvy investors, builders, and or developers. the current structure is a duplex that consists of (2) 1 bedroom, 1 bathroom units. a standout feature of this property is the inclusion of (2) transferable short-term lodging permits (stlp) issued by the city of newport beach. the existing structure is in need of repair, but it remains salvageable and offers significant potential. for development the property measures 30' x 85', and the city of newport beach allows for the development of up to 2,762 square feet of living space, in addition to a 400-square-foot garage. this is a unique opportunity that rarely comes available and wont last. property is being offered as-is!

  • Property Type

    Residential

  • County

    Orange

  • Style

    Residential

  • AD ID

    49105657

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Property Details

  • Bedroom Information

    • Total Bedrooms : 2

    Bathroom Information

    • Total Baths: 2
    • Full Baths: 2

    Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

    Interior Features

    • Interior Features: All Bedrooms Down
    • Fireplace: None

    Cooling Features

    • None
    • Air Conditioning

    Fireplace

    • Fireplace Features: None
    • Has Fireplace: 0

  • Building Information

    • Year Built: 1933

    Pool Features

    • None

    Laundry Features

    • None

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.058
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 2526

  • Listing Price Information

    • Original List Price: 2,799,000
    • Listing Contract Date: 2025-03-24

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 42330501

  • Garage and Parking

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: N8 - West Newport - Lido
    • Postal Code Plus 4: 2909
    • Directions: River and 42nd
    • Source Property Type: Residential
    • Area: N8 - West Newport - Lido
    • Property SubType: Duplex

    Building and Construction

    • Property Age: 92
    • Common Walls: No Common Walls
    • Property Condition: Fixer
    • Structure Type: Duplex
    • Year Built Source: Assessor
    • Total Square Feet Living: 1236
    • Entry Level: 1
    • Entry Location: 1
    • Levels or Stories: One
    • Building Total Stories: 1
    • Structure Type: Duplex
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BuyOwner last updated this listing 04/04/2025 @ 16:52

  • MLS: OC25063841
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 2 bedrooms which is for sale, it has 1,236 sqft, 2,526 sized lot, and 0 parking. are nearby neighborhoods.