$10,000 Closing Credit¹
#NP25028535, Heather Kidder, Listing Office: Arbor Real Estate
#OC25063841·
Listing office: Pointe Real Estate Inc.·
Listing agent: Sina Oveissi·
Listing office phone: 949-624-2600
$2,799,000 List price
212 42nd St Newport Beach, CA 92663
2 beds
2 full
1,236 sqft
0.06 acres
$2,265 / sqft
Multi-Family
Property details
About 212 42nd St
ATTENTION INVESTORS, BUILDERS, AND DEVELOPERS! 212 42nd Street presents a range of possibilities, this is the perfect opportunity for savvy investors, builders, and or developers. The current structure is a duplex that consists of (2) 1 bedroom, 1 bathroom units. A standout feature of this property is the inclusion of (2) transferable Short-Term Lodging Permits (STLP) issued by the City of Newport Beach. The existing structure is in need of repair, but it remains salvageable and offers significant potential. For Development the property measures 30' x 85', and the City of Newport Beach allows for the development of up to 2,762 square feet of living space, in addition to a 400-square-foot garage. This is a unique opportunity that rarely comes available and wont last. Property is being offered AS-IS!
Highlights
Home typeDuplex
StatusActive
Size1,236 sqft
Lot size0.058 Acres
Year built1933
MLS #OC25063841
Summary
- MLS Number: OC25063841
- MLS Name: CRMLS
- Office Name: Pointe Real Estate Inc.
- Office Phone: (949) 624-2600
- Listing Agent: Sina Oveissi
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/13/2025, 12:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$2,799,000
212 42nd St
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Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| May 26, 2021 | Home Sold | $1,550,000 |
| Dec 23, 1998 | Home Sold | $293,000 |
| May 28, 1998 | Home Sold | $223,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $1,644,872 | $19,205 |
| 2023 | $1,612,620 | $18,800 |
| 2022 | $1,581,000 | $18,451 |
| 2021 | $432,200 | $6,386 |
| 2020 | $427,769 | $6,343 |
| 2019 | $419,382 | $4,815 |
| 2018 | $411,159 | $4,815 |
| 2017 | $403,098 | $4,732 |
History based on county public records data.
Nearby schools
7
Newport Heights Elementary School
Public District KG-6
1.1 mi
•300 E 15th St
8
Newport Elementary School
Public District KG-6
1.4 mi
•1327 W Balboa Blvd
4
Whittier Elementary School
Public District KG-6
1.5 mi
•1800 Whittier Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $137,037. Typical income of Newport Beach, CA residents is between $100k-200k annually. Typical family type is single, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
22%
<35k
11%
35k-100k
40%
100k-200k
27%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
69%
Single, No Kids
3%
Single, with Kids
21%
Married, No Kids
7%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
5%
<11 yrs old
3%
12-17 yrs old
50%
18-34 yrs old
35%
35-64 yrs old
7%
65+ yrs old
What do the neighbors do for fun?
Music Concerts
Art Museums
Live Theatre
Where do the neighbors shop?
H&M
Bloomingdales
Crate & Barrel
Where do the neighbors go to eat?
Chipotle
Starbucks
Boston Market
What do the neighbors drive?
Volkswagen
Audi
Mercedes
What do the neighbors listen to?
Rhythmic Contemporary Hits
News- Alternative
All data provided by Home Junction and Claritas
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This home is located at 212 42nd St in Newport Beach, CA and zip code 92663 in the West Newport Beach neighborhood. This 1,236 square foot home, which was built in 1933, sits on a 0.06 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 25, 2025 and is currently priced at $2,799,000.
In March 2025 more than 14 listings in Newport Beach, CA were sold above the asking price. During the same period more than 26 listings were sold at asking price, while more than 54 were sold below. The number of listings in Newport Beach, CA increased by 3.8% between February and March 2025. In March 2025 median list price was $3,578,461 and the average listing age was 43 days.
From Rocket Homes Real Estate and based on county public records data.