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Nicole Van Parys & Gary Nesen

nicole.vanparys@engelvoelkers.com +1(805) 795-1880

Listed by Arthur Dorr • Balboa Realty

$ 4,399,000

Est. payment -/mo

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112 34th Street Newport Beach, CA 92663

8 Beds

4 Baths

2,800 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,800 sqft

Price per Sqft $1,571

Subdivision West Newport Beach

MLS Listing ID NP-25189036

Bedrooms 8

Full Baths 4

Year Built 1963

Lot Size 3,180 Sqft

Property Sub-Type Duplex

Property Description

Just three houses from the boardwalk and beach, 112 34th Street presents a rare opportunity to own an oversized duplex in one of the most coveted locations on the Newport Peninsula. Offering two spacious residences, this property is ideal for investors, multigenerational living, or future redevelopment. The lower unit features 3 bedrooms and 2 bathrooms, highlighted by an ocean-view patio perfect for entertaining or relaxing after a day at the beach. The upper unit offers 5 bedrooms and 2 bathrooms, with ocean views from the living room and abundant natural light throughout. Together, the property provides over 3,000 square feet of living space, including legal non-conforming areas upstairs, though title reflects approximately 2,800 square feet. Buyers are advised to independently verify all square footage, permitting, and development potential with the City of Newport Beach. Situated on an oversized 35' x 90' lot, substantially wider than the standard lot in the area--the property allows for a rare three-car wide garage accessed from the alley, along with expanded possibilities for future development. The location on 34th Street is premier: positioned near the quieter end of the boardwalk, yet just steps from the Peninsula's only grocery store, shopping, dining, and the Newport Pier. The beach here is among the finest in Newport, offering year-round surf for both beginners and seasoned surfers alike. Adding to its appeal, the property includes two Short Term Lodging Permits with the City of Newport Beach and has been successfully operated as a vacation rental for years. With a remodel, projected income could exceed $200,000 annually. Whether you're seeking a strong investment, a legacy property for family use, or a future redevelopment opportunity, 112 34th Street stands out as a rare and valuable offering in the heart of Newport Beach.

Location

State CA

County Orange

Area N8 - West Newport - Lido

Interior

Interior Features Balcony, Ceiling Fan(s), Furnished, Formica Counters

Heating Forced Air

Cooling None

Fireplaces Type None

Laundry Individual Room, Outside

Exterior

Garage Spaces 3.0

Pool None

Community Features Curbs, Fishing, Park

Utilities Available Cable Available, Electricity Available

View Y/N Yes

View Ocean, Water, White Water, See Remarks

Building

Lot Description Value In Land, Walkstreet

Sewer Public Sewer

Schools

Elementary Schools Newport

Middle Schools Ensign

High Schools Newport Harbor

Nicole Van Parys & Gary Nesen

License Partners, Private Office Advisors | License ID: 01108944

+1(805) 795-1880

Nicole Van Parys & Gary Nesen

112 34th Street Newport Beach, CA 92663

Key Details

Location

Interior

Exterior

Building

Schools

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112 34th Street