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207 38th Street, Newport Beach, CA 92663

$2,325,000

$2,325 per ft²

1,000 Sq Ft

0.0545 Acres

Listing Office: Morgan Skenderian

Image 1 of property listing at 207 38th Street, Newport Beach, CA 92663

Image 2 of property listing at 207 38th Street, Newport Beach, CA 92663

Image 3 of property listing at 207 38th Street, Newport Beach, CA 92663

Image 4 of property listing at 207 38th Street, Newport Beach, CA 92663

Image 5 of property listing at 207 38th Street, Newport Beach, CA 92663

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Image 7 of property listing at 207 38th Street, Newport Beach, CA 92663

Image 8 of property listing at 207 38th Street, Newport Beach, CA 92663

Pleased to present 207 38th Street, a rare coastal investment opportunity located just steps from the beach in one of Newport Beach’s most sought-after neighborhoods. Situated on a ±2,375 square foot lot, the property offers a unique combination of in-place income and significant upside potential, making it well-suited for investors, developers, or owner-users. The property consists of two 1-bedroom, 1-bathroom units, each approximately ±500 square feet. The front unit is currently vacant, providing immediate flexibility for renovation or occupancy, while the rear unit is leased on a month-to-month basis, allowing for optionality in repositioning or redevelopment timing. Built in 1952, the existing improvements present an opportunity for a buyer to execute a comprehensive renovation program to create high-end coastal rentals, or to redevelop the site into a new custom residence or luxury multifamily property, subject to city approvals. With its premier beach-close location, walkability to local amenities, and strong underlying land value, 207 38th Street represents a compelling opportunity to capitalize on one of the most desirable coastal markets in Southern California.

Listing Agent: Damien Breaux

License Number: 01460301

Offered by: Morgan Skenderian

Office Phone: 949-251-8800

MLS: #PW26082672

California Regional MLS

Date Added: 04/16/2026 12:00:00 am

Last Update: 04/17/2026 12:01:44 am

Days on Market: 2

Interior

Laundry: None

Exterior

Pool: None
Parking: Parking spaces: 2

Construction

General: 1

Location

Originating MLS: CRMLS_CRM
County: Orange

Lot

Zoning: 42330810

Utilities

Water: Public
Sewer: Public Sewer

Financial

Source: CRMLS_CRM

Property

Year Built: 1952
Type: Duplex
Neighborhood: West Newport
Parcel #: 42330810

04/17/2026Active

04/17/2026$2,325,000@ 2325 per ft²Listed

Listing Broker

Tade Keshishyan

1 @

License #: 02190628

Email: [email protected]

Phone: 8183592303

Location: CA

Last Updated: 04/17/2026 12:01:44 am

Offered by: Damien Breaux, 01460301, 949-662-2916 @ Morgan Skenderian

MLS: #PW26082672

Source: California Regional MLS

<IMG SRC='https://d37ukvrrv3in12.cloudfront.net/mls/logos/IDX_580_large.png' ALT='IDX'> 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.<BR><BR>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 <A HREF='http://www.realtywatchsolutions.com/' TARGET='_blank'>RealtyWatch Solutions</A>. 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.

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207 38th Street, Newport Beach, CA 92663 is a 1,000 Sq Ft, 0.0545 Acres, Duplex built in 1952.

This property is currently available and was listed by California Regional MLS on 04/16/2026 12:00:00 am. The MLS # for the property is MLS #PW26082672.