204 44th Street

Newport Beach, CA 92663

  • 6 Bed(s)
  • 5 Bath(s)
  • 4,000 Sqft
  • 3049
    Sqft(Lot)
$6,299,000

Description

Investor alert**two side by side stand-alone modern cape cod homes with 2 highly coveted transferable short term rental permits* the wait list on these permits are long. currently there are over 600 applicants on the list and people have waited for years and may not even get one. we have two. there are some areas that are not zoned for short term rentals so if you own in those areas, you will not be able to get a permit.



**main house:**

- **size:** 2,700 sqft

- **layout:** 4 bedrooms, 4 bathrooms

- **highlights:** spacious, open-concept living areas, gourmet kitchen, luxurious primary suite with a private beach view deck. the front house boasts a cool industrial roll-up glass door that opens up the home to your private front patio.



**second house:**

- **size:** 1,300 sqft

- **layout:** 2 bedrooms + loft, 2 bathrooms

- **highlights:** cozy yet modern design, additional living space ideal for guests or extended family, and a versatile loft area.



**additional features:**

- **short-term rental permits:** 2 transferable str permits. waits for permits as long as 3 years.

- **parking:** 4-car garage

- **furnishing:** both homes are fully furnished and move-in ready

- **turnkey business:** professionally managed with projected revenue of $275,000 annually

- **custom local art:** walls adorned with unique local artwork included

- **outdoor gear:** paddle boards and surf gear included

- **artistic flair:** cool custom mural painted by a renowned local artist

- **prime location:** steps to the bay for launching your sups and just a block from tower 44 beach

- **outdoor amenities:** private outdoor shower between both homes

- **entertainment space:** entertainer's outdoor front patio lounge reminiscent of a beach club vibe in the hamptons

- **unique features:** a spiral staircase leads you to the third-floor upper-level bedroom suite with a private bathroom and access to the outdoor deck

- **private entrances:** homes have multiple private entrances

- **rental flexibility:** the homes can be rented individually or as one home for large groups



this property is more than just a home; it's a lucrative investment opportunity, professionally managed. an investor packet detailing the breakdown of revenue and expenses is available. whether you're looking for a luxurious family residence, an income-generating property or both, 204 44th street offers unparalleled potential and value.

  • Property Type

    Residential

  • County

    Orange

  • Style

    Residential

  • AD ID

    47585286

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Property Details

  • Bedroom Information

    • Total Bedrooms : 6

    Bathroom Information

    • Total Baths: 6
    • Full Baths: 5

    Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

    Interior Features

    • Interior Features: All Bedrooms Up,All Bedrooms Down,Bedroom on Main Level,Loft
    • Fireplace: Living Room

    Cooling Features

    • Central Air
    • Air Conditioning

    Heating Source

    • Central
    • Has Heating

    Fireplace

    • Fireplace Features: Living Room
    • Has Fireplace: 1

  • Building Information

    • Year Built: 1983

    Pool Features

    • None

    Laundry Features

    • In Garage

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.07
    • Lot Size Source: Owner
    • Lot Size Square Feet: 3049

  • Listing Price Information

    • Original List Price: 6,299,000
    • Listing Contract Date: 2024-09-17

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 42329505

  • Garage and Parking

    • Attached Garage: Yes

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: NP - Balboa Peninsula
    • Postal Code Plus 4: 2501
    • Directions: PCH to Balboa to 44th
    • Source Property Type: Residential
    • Area: NP - Balboa Peninsula
    • Property SubType: Duplex

    Building and Construction

    • Property Age: 42
    • Common Walls: No Common Walls
    • Structure Type: Duplex
    • Year Built Source: Public Records
    • Total Square Feet Living: 4000
    • Entry Level: 1
    • Entry Location: North
    • Levels or Stories: Three Or More
    • Structure Type: Duplex
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BuyOwner last updated this listing 07/05/2025 @ 11:58

  • MLS: OC24204441
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 6 bedrooms which is for sale, it has 4,000 sqft, 3,049 sized lot, and 4 parking. are nearby neighborhoods.