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NEXT Open House details
Nov 16, 2025 12:00 PM - 03:00 PM PST

207 40th
N8 - West Newport - Lido Newport Beach 92663

$4,400,000
Residential Income built: 1983

Main Photo: 207 40th in Newport Beach: Residential Income for sale (N8 - West Newport - Lido)  : MLS®# NP25253083
Photo 1: 207 40th in Newport Beach: Residential Income for sale (N8 - West Newport - Lido)  : MLS®# NP25253083
Photo 2: 207 40th in Newport Beach: Residential Income for sale (N8 - West Newport - Lido)  : MLS®# NP25253083
Photo 3: 207 40th in Newport Beach: Residential Income for sale (N8 - West Newport - Lido)  : MLS®# NP25253083
Photo 4: 207 40th in Newport Beach: Residential Income for sale (N8 - West Newport - Lido)  : MLS®# NP25253083
Photo 5: 207 40th in Newport Beach: Residential Income for sale (N8 - West Newport - Lido)  : MLS®# NP25253083
Photo 6: 207 40th in Newport Beach: Residential Income for sale (N8 - West Newport - Lido)  : MLS®# NP25253083
Photo 7: 207 40th in Newport Beach: Residential Income for sale (N8 - West Newport - Lido)  : MLS®# NP25253083
Photo 8: 207 40th in Newport Beach: Residential Income for sale (N8 - West Newport - Lido)  : MLS®# NP25253083
Photo 9: 207 40th in Newport Beach: Residential Income for sale (N8 - West Newport - Lido)  : MLS®# NP25253083
Photo 10: 207 40th in Newport Beach: Residential Income for sale (N8 - West Newport - Lido)  : MLS®# NP25253083
Photo 11: 207 40th in Newport Beach: Residential Income for sale (N8 - West Newport - Lido)  : MLS®# NP25253083
Photo 12: 207 40th in Newport Beach: Residential Income for sale (N8 - West Newport - Lido)  : MLS®# NP25253083
Photo 13: 207 40th in Newport Beach: Residential Income for sale (N8 - West Newport - Lido)  : MLS®# NP25253083
Photo 14: 207 40th in Newport Beach: Residential Income for sale (N8 - West Newport - Lido)  : MLS®# NP25253083
Photo 15: 207 40th in Newport Beach: Residential Income for sale (N8 - West Newport - Lido)  : MLS®# NP25253083
Photo 16: 207 40th in Newport Beach: Residential Income for sale (N8 - West Newport - Lido)  : MLS®# NP25253083
Photo 17: 207 40th in Newport Beach: Residential Income for sale (N8 - West Newport - Lido)  : MLS®# NP25253083
Photo 18: 207 40th in Newport Beach: Residential Income for sale (N8 - West Newport - Lido)  : MLS®# NP25253083
Photo 19: 207 40th in Newport Beach: Residential Income for sale (N8 - West Newport - Lido)  : MLS®# NP25253083
Photo 20: 207 40th in Newport Beach: Residential Income for sale (N8 - West Newport - Lido)  : MLS®# NP25253083
Photo 21: 207 40th in Newport Beach: Residential Income for sale (N8 - West Newport - Lido)  : MLS®# NP25253083
Photo 22: 207 40th in Newport Beach: Residential Income for sale (N8 - West Newport - Lido)  : MLS®# NP25253083
Photo 23: 207 40th in Newport Beach: Residential Income for sale (N8 - West Newport - Lido)  : MLS®# NP25253083
Photo 24: 207 40th in Newport Beach: Residential Income for sale (N8 - West Newport - Lido)  : MLS®# NP25253083
Photo 25: 207 40th in Newport Beach: Residential Income for sale (N8 - West Newport - Lido)  : MLS®# NP25253083
Photo 26: 207 40th in Newport Beach: Residential Income for sale (N8 - West Newport - Lido)  : MLS®# NP25253083
Photo 27: 207 40th in Newport Beach: Residential Income for sale (N8 - West Newport - Lido)  : MLS®# NP25253083
Photo 28: 207 40th in Newport Beach: Residential Income for sale (N8 - West Newport - Lido)  : MLS®# NP25253083
Photo 29: 207 40th in Newport Beach: Residential Income for sale (N8 - West Newport - Lido)  : MLS®# NP25253083
Photo 30: 207 40th in Newport Beach: Residential Income for sale (N8 - West Newport - Lido)  : MLS®# NP25253083
Photo 31: 207 40th in Newport Beach: Residential Income for sale (N8 - West Newport - Lido)  : MLS®# NP25253083
Photo 32: 207 40th in Newport Beach: Residential Income for sale (N8 - West Newport - Lido)  : MLS®# NP25253083
Photo 33: 207 40th in Newport Beach: Residential Income for sale (N8 - West Newport - Lido)  : MLS®# NP25253083
Photo 34: 207 40th in Newport Beach: Residential Income for sale (N8 - West Newport - Lido)  : MLS®# NP25253083
Photo 35: 207 40th in Newport Beach: Residential Income for sale (N8 - West Newport - Lido)  : MLS®# NP25253083
Photo 36: 207 40th in Newport Beach: Residential Income for sale (N8 - West Newport - Lido)  : MLS®# NP25253083
Photo 37: 207 40th in Newport Beach: Residential Income for sale (N8 - West Newport - Lido)  : MLS®# NP25253083
Photo 38: 207 40th in Newport Beach: Residential Income for sale (N8 - West Newport - Lido)  : MLS®# NP25253083
Photo 39: 207 40th in Newport Beach: Residential Income for sale (N8 - West Newport - Lido)  : MLS®# NP25253083
Photo 40: 207 40th in Newport Beach: Residential Income for sale (N8 - West Newport - Lido)  : MLS®# NP25253083
Open House - Nov 16, 2025
12:00 PM - 03:00 PM PST
NOTES: Open House on Sunday, November 16, 2025 12:00PM - 3:00PM
Status:
Active
Prop. Type:
Residential Income
MLS® Num:
NP25253083
Year Built:
1983
Living large at 207 40th Street. Two units available, sold separately or together, each with a coveted active short-term lodging permit (yes, 2-short term permits) fully transferable to the new owner. Totally remodeled and professionally furnished, this property is ready to enjoy from day one as a getaway, family beach pad, or high income-generating rental. The interior is styled in a coastal urban-chic aesthetic with light wood accents and beach-inspired tones. With a 2-bedroom, 2-bath downstairs unit that is light, bright, and built for the beach lifestyle, including a private primary ensuite and front patio that sets the tone with a built-in bar, al fresco café window, BBQ, and dining area perfect for gathering after the beach or bay. The Upstairs unit is a 3-bedroom, 2-bath designed with dramatic vaulted ceilings throughout, including a spacious primary suite with private patio. Additional highlights for both units include air conditioning, a private outdoor shower and two tandem parking spaces in the oversized 4-car garage. Everything you need is already here from the furnishings to the beach gear making this an easy, turn-key operation. Located just 11 houses from the sand and 4 houses from the bay in one of Newport Beach’s most consistently desirable zones of the Newport Peninsula.
Property Sub Type:
Duplex
Property Attached:
No
Lot Area:
2,431 sq. ft.
Bathrooms:
- (Full:-, Half:-)
Year built:
1983 (Age: 42)
General Listing Location:
Newport Beach, N8 - West Newport - Lido
County Or Parish:
Orange
Tenant Pays:
None
Common Interest:
Condominium
Gross Income:
$0
Gross Scheduled Income:
$322,425
Net Operating Income:
$180,309
Cap Rate %:
4.1
Rent Control:
No
Association Fee:
$0
Land Lease:
No
Cable TV Expense:
$1,092
Electric Expense:
$1,600
Fuel Expense:
$0
Furniture Replacement Expense:
$0
Gardener expense:
0.0
Insurance Expense:
$7,550
Licenses expense:
672.0
Maintenance Expense:
$2,000
Taxes expense:
44000.0
Operating Expense:
$59,114
Other Expense:
$0
Pest control expense:
$0
Pool expense:
$0
Professional Management Expense:
$0
Supplies Expense:
$0
Trash Expense:
$1,100
Water and Sewer Expense:
$1,100
Workmans Compensation Expense:
$0
Vacancy Allowance:
$83,002
Vacancy Allowance Rate:
$26
Tax Lot:
1
Balboa Blvd to 40th Street
Floor
Type
Size
Other
-
Laundry
Measurements not available
-
-
Primary Bedroom
Measurements not available
Multiple Primary Suites
-
Other
Measurements not available
Walk-In Closet(s)
-
Living Room
Measurements not available
-
-
Kitchen
Measurements not available
-
View:
Neighborhood
Appliances:
Dishwasher, Gas Oven, Gas Range, Microwave, Refrigerator
Number of Buildings:
1
# of Electric Meters:
2
# of Gas Meters:
2
# of Water Meters:
2
# Units Leased:
2
Community Features:
Curbs, Gutter(s), Street Lights, Sidewalks
Senior Community:
No
Interior Features:
Beamed Ceilings, Balcony, Ceiling Fan(s), Cathedral Ceiling(s), High Ceilings, Quartz Counters, Recessed Lighting, Multiple Primary Suites, Walk-In Closet(s)
Laundry Features:
Inside, In Garage, Laundry Room
Window Features:
Double Pane Windows, Skylight(s)
Pool Features:
None
Private Pool:
No
Spa Features:
None
Lot Features:
0-1 Unit/Acre
Fireplace Features:
None
Subdivision Name:
West Newport Beach (WSNB)
Levels:
Two
Num Stories:
2
Entry Level:
1
Entry Location:
Side of property
New Constr.:
No
Common Walls:
No Common Walls
# Units:
2
Property Condition:
Turnkey
Heating:
Forced Air
Fireplace:
No
Cooling:
Central Air
Utilities:
Sewer Connected, Water Connected
Water supply:
Public
Sewer:
Public Sewer
Spa:
No
Garage Spaces:
4
Total Parking Spaces:
4
Parking Features:
Garage, Tandem
Special Listing Conditions:
Standard
Parcel Number:
93394019
Additional Parcels:
93394020
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Listed by Pacific Sotheby's Int'l Realty
Data was last updated November 13, 2025 at 04:40 AM (UTC)