205 40th Street

Newport Beach, CA 92663

$2,900,000
Price
5
Beds
2,251 Sq. Ft.
$1,288 / Sq. Ft.
2,251
Sq. Ft.
$1,288
per Sq. Ft.

Description

Quintessential Newport Beach home situated conveniently at the entrance to Balboa peninsula, this meticulously maintained duplex features a two story front unit with 3 bedrooms and 2.5 baths, a two car garage and an office/den. The front unit exudes stylish beach living with refinished hardwood floors, remodeled bathrooms, plush new carpet in bedrooms and pristine finishes throughout. The fresh and clean rear unit above the garage has a private separate entrance and offers 2 bedrooms, 2 full baths,...Quintessential Newport Beach home situated conveniently at the entrance to Balboa peninsula, this meticulously maintained duplex features a two story front unit with 3 bedrooms and 2.5 baths, a two car garage and an office/den. The front unit exudes stylish beach living with refinished hardwood floors, remodeled bathrooms, plush new carpet in bedrooms and pristine finishes throughout. The fresh and clean rear unit above the garage has a private separate entrance and offers 2 bedrooms, 2 full baths, a spacious living area, an interior laundry hook up and carport. Renovations completed in the last 5 years include a new underground sewer system for both units, upgraded interior plumbing and new electrical systems with updated panels, switches and outlets. Extensive exterior wood work and painting on windows, doors and stucco as well as a new garage door enhance the property’s appeal. Presented in turn key condition, this property is move in ready and is located within the top tier Newport Mesa Unified school district. Although there is excellent rental income potential, this home is ideal for a multi generational family to experience the joys of living just steps from the bay and ocean.
  1. Listed by Jason Jacobs • DRE #02108263 • Brokerage DRE #00868230 • Jim Jacobs Realty • 949-345-5577
  2. Listed by Jim Jacobs • DRE #00868230 • Brokerage DRE #00868230 • Jim Jacobs Realty

Property Details for 205 40th Street

View
Ocean, Peek-A-Boo, See Remarks
Parking Spaces Total
4
Private Pool
No
Cooling Type
N/K
Total Units
2.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
2251
LISTING UPDATED: 02/23/2025 07:52 AM

Property Details for 205 40th Street

StatusActive
MLS #NP25009636
Days on Market31
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeTownhouse
MLS TypeResidential
Year Built1955
Lot Size0.06 AC / 2,614 SF
CountyOrange County

Building Information for 205 40th Street

Stories2Residences-Year Built1955Building Size-Lot Size0.06 AC / 2,614 SF

Property Information for 205 40th Street

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $114,000
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
Expense Details
  • Operating Expense: $0
  • Gardener Expense: $0
  • Fuel Expense: $0
  • Furniture Replacement Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $3,000
  • Trash Expense: $1,250
  • Water Sewer Expense: $1,250
  • Total Expenses: $5,500
Tax / Assessment Info
  • Tax Block: 140
  • Tax Tract Number: 164
  • Tax Census Tract: 635.00
  • CFD/Mello-Roos Fee: $1,310
  • Tax Lot: 12
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Special Assessments
  • Community Features: Biking, Curbs, Fishing, Golf, Park, Watersports, Sidewalks, Storm Drains, Street Lights
Property / Structure Info
Interior Features
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Range, Refrigerator, Water Heater
  • Equipment: Dishwasher, Disposal, Refrigerator, Gas Oven, Gas Range
  • Interior Features: Beamed Ceilings
  • Room Type: All Bedrooms Up, Den, Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 0
  • Room Bathroom Features: Shower, Shower in Tub, Remodeled
  • Bedroom Features: All Bedrooms Up
  • Room Kitchen Features: Formica Counters, Granite Counters
  • Eating Area: Dining Room
  • Laundry: Yes
  • Laundry Features: Individual Room, Inside, See Remarks
  • Laundry Location: Laundry Room, Other/Remarks, Inside
  • Fireplace Features: Living Room, Gas
  • Fireplace Rooms: Gas, Living Room
  • Fireplace: FP in Living Room, Gas
  • Cooling: None
  • Heating Type: Central, Wall
  • Heating: Central, Wall Furnace
  • Heat Equipment: Forced Air Unit, Wall/Gravity
  • Floor Coverings: Carpet, Laminate, Wood
  • Flooring: Carpet, Laminate, Wood
Exterior Features
  • Window Features: Wood Frames
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Security: Carbon Monoxide Detectors
  • Entry Location: Front door facing 40th
  • Fence: Yes
  • Fence: Stucco Wall, Wood
  • Fencing: Stucco Wall, Wood
  • Foundation Details: Slab
  • Structure Type: Duplex
  • Property Condition: Turnkey, Updated/Remodeled
  • Miscellaneous: Storm Drains
  • View Description: Ocean, Peek-A-Boo
  • Patio: Yes
  • Patio: Brick, Enclosed, Patio
  • Patio And Porch Features: Brick, Enclosed, Patio
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Sign on Property: Yes
  • Lot Features: Corner Lot, Rectangular Lot
  • Lease Considered: No
  • Number Of Units: 2
  • Available For Lease: No
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Surface Type: Paved
  • Road Frontage Type: City Street
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Sewer/Septic: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking: Yes
  • Parking Garage: Garage
  • Parking Garage Spaces: 2
  • Parking Garage: Tandem, Garage
  • Carport Spaces: 2
  • Attached Garage: Yes
  • Parking Features: Garage, Tandem Covered
Property / Structure Info
  • Builders Tract Name: West Newport Beach
  • Builders Tract Code: West Newport Beach (WSNB)
  • Residential Styles: Townhome
  • Residential Unit Location: No Unit Above, No Unit Below, 2+ common walls
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 3
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 5500
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 4000
  • Unit Type Type: 2
Unit Information
  • Number Of Units Leased: 0
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number With Dishwasher: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Number With Carpet: 2
  • Number With Disposal: 2
  • Number With Patio: 1

Property History for 205 40th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 205 40th Street

Taxable ValueLand$2,960,088Additions$150,912Total$3,111,000
Tax Record2024$34,633 ($2,886 / month)
Home Facts
Total Finished SqFt1,408 SqFtAbove Grade Finished SqFt1,408 SqFtStories2Lot Size2,429 SqFtStyleMulti-Family Dwelling (2-4)Year Built1955CountyORANGEAPN423-306-07Fireplace TypeHas Fireplace

Schools near 205 40th Street

This home is within Newport-Mesa Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Newport Elementary School
PublicK to 6

Horace Ensign Intermediate School
Public7 to 8

Newport Harbor High School
Public9 to 12

Monte Vista High School
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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205 40th Street is a townhouse for sale in Newport Beach, CA 92663. This property was listed for sale on January 23, 2025 by Jim Jacobs Realty, it's currently listed at $2,900,000. This listing's school district is Newport-Mesa Unified School District. Nearby schools include Newport Elementary School, Horace Ensign Intermediate School and Newport Harbor High School. 205 40th Street is a 5-bed, 4.5-bath, 2,251 sqft townhouse built in 1955.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Jim Jacobs Realty, Jason Jacobs, DRE #02108263; Jim Jacobs Realty, Jim Jacobs, DRE #00868230

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.