207 38th, Newport Beach CA 92663 | $2,325,000

  • 0 bedrooms
  • 0 bathrooms
  • 0 Sq Ft
  • 2375 Lot Sq Ft
  • Type: Duplex
  • Stories: 1
  • Year Built: 1952
  • MLS#: PW26082672
  • Community: 699 - Not Defined

Listing provided courtesy of Damien Breaux of Morgan Skenderian. Last updated 2026-04-21 08:11:31.000000. Listing information © 2025 SANDICOR.

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.

More Details

0.05 Acres
1 Story

David Piper

Call or Text: 858-525-5007

DRE# 02021985