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126 45th Street, Newport Beach, CA 92663

$4.20M5bd · 4ba · 2,320 sqft
Lot 2,614 sqft•Duplex•
Active
•14d on market•MLS# NP-26212248

Property Description

TWO ACTIVE SHORT-TERM RENTAL PERMITS - Welcome to 126 45th Street, a turnkey, strong cash-flowing vacation rental that sleeps 12, fully furnished, iconic 100-block duplex. Upstairs: 3 bedrooms, 2 baths with an open flow, spacious living area and balcony with beach & ocean views. Oversized primary suite also has its own built-in desk, and ensuite. Two additional bedrooms and a central bathroom. Downstairs: 2 bedrooms; one with ensuite, a second bathroom with Jacuzzi tub, spacious living area and easy flow to the oversized front patio with beach views. The property has a newer roof, new garage doors with quiet motors, vinyl fencing and gates, tankless water heater, high-efficiency forced-air units, quartz countertop kitchens and bathrooms, plus brand-new refrigerators. Brand new Polywood outdoor furniture in the lower unit and so much more. This beach property is A+ location, close proximity to everything, has been meticulously maintained, strong current and future bookings with many repeat clients, turnkey and income-producing from day one. Welcome to 126 45th Street, location, income and ease.

Features & Amenities

FeeBuilt 1965

Property Details

Land Type
Fee
Year Built
1965
Property Type
Residential
Property Subtype
Duplex
Parking Spaces
2
Garage Spaces
2
Heating
Forced Air
Cooling
None
View
Catalina, Ocean
City
Newport Beach
Zip Code
92663
County
Orange
Listed byPacific Sotheby's Int'l Realty, Nicolai Glazer

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$21,212.20
Principal & Interest
Loan Amount
$3,356,000
Total Interest
$4,280,393
Total Payment Over 30 Years
$7,636,393
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Luxury Tier · 5 active · 5 closed

126 45th Street, Newport Beach, CA 92663

Newport Beach · Duplex

$4.20M
Luxury Tier
Beds
5
Baths
4
Sqft
2,320
Lot
2,614 sqft
Year
1965
$/Sqft
$1808
Pool: No✓
Spa: Yes✓
View: water✓
Garage: 2-car✓

Listed 11.9% above the median closed sale of $3,750,000. Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $4.20M· $1,808/sqft
Total list price
Closed comps
vs closed median $3.75M
+$445K (+11.9%)
Active comps
vs active median $5.00M
−$800K (−16.0%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $2,168
−$360 (−16.6%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
4802 Neptune AveNewport Beach1962642,3043,358$1,758$4.05M6084
4704 Seashore DriveNewport Beach1963632,8903,049$1,555$4.50M6179
1311 Bay AvenueNewport Beach1947542,3352,614$2,139$5.00M15276
700 OceanfrontNewport Beach1973432,3102,614$2,593$5.99M24472
916 OceanfrontNewport Beach1972542,5012,614$2,797$7.00M54971
Total: 5 · Average5.23.62,4682,849.8$2,168.4$5.30M213.2
Median2,335$5.00M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
216 AmethystNewport Beach196007/30/2026552,3632,614$3.50M$3.18M$1,3460.9118875
137 TopazNewport Beach194606/04/2026542,5452,614$3.79M$3.83M$1,5071.013574
224 AmethystNewport Beach196709/29/2026552,8052,614$4.15M$3.74M$1,3320.9016971
1403 N BayfrontNewport Beach193908/03/2026532,1052,550$5.70M$5.60M$2,6600.984071
210 OpalNewport Beach193509/25/2026532,0242,614$3.75M$3.75M$1,8531.003171
Total: 5 · Average5.04.02,368.42,601.2$4.02M$4.02M$1,739.6—92.6
Median2,363$3.75M$3.75M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.