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119 37th St, Newport Beach, CA 92663

Sale Price: $2,900,000
Feb 24, 2025540 sqft1 beds1 baths
Listed by: Teresa Gorman
License #: 00969257
Phone #: 949-377-3737
Fiduciary Real Estate Services
Source:
CRMLS Logo
MLS #: OC25028222

Property Description

Welcome to this unique investment opportunity in the heart of Newport Beach, California! This duplex is brimming with potential, offering two separate units that are perfect for those looking to bring their creative vision to life. Unit 1 is comprised of 3 bedrooms and 2 bathroom, while unit 2 is comprised of 2 bedrooms and 1 bathrooms. Whether you're an investor seeking a property with strong rental income potential or a buyer looking to craft your dream home, this property has endless possibilities. Located just a short walk from Newport Beach's world-famous coastline, vibrant shops, dining, and entertainment, this duplex is ideally positioned to take advantage of everything this sought-after area has to offer. The units have classic charm, awaiting a full renovation to unlock their true potential.
Assignment
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$44,619

TurboHome Estimated Value

$2,862,300

$5,301 sqft

High Valuation
$3,005,415
$5566/sqft
Normal Valuation
$2,862,300
$5301/sqft
Low Valuation
$2,719,185
$5036/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$5301/sqft$2,862,300

Neighborhood: Balboa Peninsula (Residential) (BALP)

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Comparative Value

$2.00M

$2.75M

$2.90M

3206 W Oceanfront, Newport Beach, CA 92663

Sale Price: $2,000,000

Selected Comparable

119 37th St, Newport Beach, CA 92663

List Price: $2,750,000

Subject Property

119 37th St, Newport Beach, CA 92663

Sale Price: $2,900,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
119 37th St, Newport Beach, CA 92663

119 37th St, Newport Beach, CA 92663

List: $2,750,000

Listed: 2/24/2025

Area:540 sqft
Price/sqft:$5,093
Beds:1
Baths:1
Year Built:
Lot Size:2,300

Comparable Properties

COMPARABLE
Choose comps
119 37th St, Newport Beach, CA 92663

119 37th St, Newport Beach, CA 92663

Sale: $2,900,000

4/16/20250.00 mi

Area:540 sqft
Price/sqft:$5,370
Beds:1
Baths:1
Year Built:
Weight:62.3%
3206 W Oceanfront, Newport Beach, CA 92663

3206 W Oceanfront, Newport Beach, CA 92663

Sale: $2,000,000

12/3/20240.21 mi

Area:684 sqft
Price/sqft:$2,924
Beds:2
Baths:1
Year Built:
Weight:37.7%

How it Works

1

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We match you with an in-house licensed real estate agent who knows your market
2

We support your home-selling journey

Everything you'd expect your agent to do: pricing, listing, photos, staging, open houses, and negotiating
3

You get big savings

You split the commission with your agent 50/50, saving you thousands compared to a traditional agent
Two iPhones. One with a TurboHome screen that contains a profile photo and 'Meet Kevin' heading. The other with a TurboHome IQ screen with an example Disclosure Summary.
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