#NP25108122, Tyler Brown, Listing office: Compass
#NP25056815·
Listing office: Surterre Properties Inc.·
Listing agent: Chris Moreno·
Listing office phone: 949-280-6357
$4,700,000 List price
215 32nd St Newport Beach, CA 92663
8 beds
5 full, 2 partial
3,500 sqft
0.05 acres
$1,343 / sqft
Multi-Family
Property details
About 215 32nd St
Welcome to an exceptionally rare opportunity to own a trophy asset in one of the most coveted locations in Newport Beach — with an up to 4-year Lease Option to Buy and $260K+ annual rental income from day one. Located at the top of the Balboa Peninsula, just steps from the sand, this newly built 2020 duplex is fully furnished and short-term rental ready — complete with two transferable STR permits and a proven income history. Whether you’re looking to invest, 1031 exchange, or eventually move in, this property offers low entry, high upside, and total flexibility. The property features two beautifully designed, turnkey units: Rear Unit: 5BR / 3.5BA — Private direct access from the 2-car garage, open-concept kitchen and living, large bonus/media room, and a rooftop deck with stunning ocean, city, and mountain views. Front Unit: 3BR / 2.5BA — A charming beachside retreat with a welcoming front porch on 32nd Street, perfect for indoor-outdoor living and entertaining. Additional features include central AC & heat, 4-car parking (2-car garage + 2-car carport), and high-end finishes throughout. Just a short stroll to the beach, Lido Marina Village, the Bayfront, local boutiques, coffee shops, and top-tier dining. Fast access to PCH and nearby freeways. Whether you're an investor seeking immediate income and long-term appreciation, or a future homeowner wanting to lock in your dream home today and buy later—this is a Newport Beach opportunity you don’t want to miss.
Highlights
Home typeDuplex
HeatingForced Air
StatusActive
CoolingElectric, Zoned
Size3,500 sqft
Lot size0.054 Acres
Year built2020
ParkingAttached Carport, Carport, Direct Access, Garage, Garage Faces Rear
MLS #NP25056815
Attached garage2 spaces
ViewCity Lights, Mountain(s)
Summary
- Partial Bathrooms: 2
- Full Bathrooms: 5
- Appliances: Range, Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Range Hood, Tankless Water Heater, Vented Exhaust Fan
- Flooring Type: Vinyl
- Interior: Built-in Features, Ceiling Fan(s), Furnished, Granite Counters, Stone Counters, Recessed Lighting, All Bedrooms Up, Galley Kitchen, Walk-In Closet(s)
- Fireplace: None
- Total Bedroom Count: 8
- Garage Space: 2 spaces
- Attached Garage: Yes
- Private Pool: No
- Parking: Attached Carport, Carport, Direct Access, Garage, Garage Faces Rear
- View: City Lights, Mountain(s)
- Architectural Style: Contemporary
- Heating: Forced Air
- Cooling: Electric, Zoned
- List Price: $4,700,000
- Price/SqFt: $1,342
- HOA Amount: $0
- Annual Tax Amount: $45,641
- Tax Year: 2024
- Directions: Southeast on Balboa Bvld turn left on 32nd, on the left side. Or - south on Newport Blvd turn right on 32nd street, on the right side
- Year Built: 2020
- Stories: 2
- Living Area: 3,500 SqFt
- Lot Size: 0.054 Acres
- MLS Number: NP25056815
- MLS Name: CRMLS
- Office Name: Surterre Properties Inc.
- Office Phone: (949) 280-6357
- Listing Agent: Chris Moreno
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: 7/16/2025, 2:45:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Dec 06, 2022 | Home Sold | $4,200,000 |
| Dec 06, 2018 | Home Sold | $950,000 |
| Jun 17, 1992 | Home Sold | $328,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $4,284,000 | $45,641 |
| 2023 | $4,200,000 | $44,574 |
| 2022 | $1,594,807 | $17,294 |
| 2021 | $1,563,537 | $16,964 |
| 2020 | $1,142,227 | $12,052 |
| 2019 | $1,100,000 | $5,778 |
| 2018 | $509,755 | $5,778 |
| 2017 | $499,760 | $5,676 |
History based on county public records data.
Nearby schools
8
Newport Elementary School
Public District KG-6
1.0 mi
•1327 W Balboa Blvd
7
Newport Heights Elementary School
Public District KG-6
1.1 mi
•300 E 15th St
4
Whittier Elementary School
Public District KG-6
1.8 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. The majority of Newport Beach, CA residents have income between $100k-200k annually. The majority of families are 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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Frequently asked questions
About 215 32nd St
The listing price of 215 32nd St property is $4,700,000.
The property 215 32nd St is a multi located in Newport Beach, California, 92663.
Active Listing: 215 32nd St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 215 32nd St are: Newport Elementary School (GreatSchools Rating 8/10), Newport Heights Elementary School (GreatSchools Rating 7/10), Whittier Elementary School (GreatSchools Rating 4/10), Horace Ensign Intermediate School (GreatSchools Rating 8/10), Isaac L. Sowers Middle School (GreatSchools Rating 7/10), Talbert (Samuel E.) Middle School (GreatSchools Rating 8/10), Newport Harbor High School (GreatSchools Rating 7/10), Estancia High School (GreatSchools Rating 6/10), Edison High School (GreatSchools Rating 9/10).
According to the records, the last property tax for 2024 is $45,641 (source: MLS/based on county public records data).
The last sale was on December 6, 2022 for $4,200,000 (source: MLS/tax record).
The property 215 32nd St is 3,500 SqFt (source: MLS/tax record).
The year of construction for 215 32nd St is 2020.
This home is located at 215 32nd St in Newport Beach, CA and zip code 92663 in the West Newport Beach neighborhood. This 3,500 square foot home, which was built in 2020, sits on a 0.05 acre lot. Features: 8 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since March 15, 2025 and is currently priced at $4,700,000.
While more than 10 listings in Newport Beach, CA in June 2025 were sold above asking price, there were more than 18 listings sold at asking price, and more than 60 were sold below. The number of listings in Newport Beach, CA increased by 3.9% between May and June 2025. In June 2025, listings were on the market for 46 days. During the same period, the median list price in this real estate market was $3,662,500.
From Rocket Homes Real Estate and based on county public records data.