207 38th Street, Newport Beach, CA 92663

Newport Beach
Local realty services provided by:Better Homes and Gardens Real Estate Reliance Partners
207 38th Street,Newport Beach, CA 92663
$2,325,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: damien breaux
Office: morgan skenderian
MLS#:PW26082672
Source:CAREIL

Price summary

  • Price:$2,325,000

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,...

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Home facts

  • Year built:1952
  • Listing ID #:PW26082672
  • Added:1 day(s) ago
  • Updated:April 18, 2026 at 04:56 PM

Structure and exterior

  • Year built:1952
  • Lot area:0.05 Acres
  • Lot Features:Mid Block
  • Levels:1 Story

Utilities

  • Water:District - Public

Finances and disclosures

  • Price:$2,325,000

Parking

  • Parking description:2 Car Carport
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