TWO ACTIVE SHORT-TERM RENTAL PERMITS! Welcome to 112 46th St., a “Best-In-Class” turnkey, high-performing vacation rental that sleeps 14. A+ West Newport location, two houses off the sand with top-to-bottom, high-end renovations completed in 2026. With a total of 6 bedrooms and 4 bathrooms across both units, this property delivers. The upper unit is a showpiece and fully renovated throughout. Milgard French doors will guide you out to your open-air front balcony framing the surf & sand and views of Catalina Island. A second private balcony off the primary suite, shaded and tucked away from the street, allows for slow mornings or quiet evenings. The downstairs unit features French doors that lead to a generous beach-view patio. A newly added ensuite bathroom gives the two-bedroom, two-bath unit the comfort of a full-sized home. Both kitchens and all four bathrooms feature matching quartz, custom hardwood cabinetry, Kohler, Moen, and Toto fixtures, with LG and Bosch appliances throughout the property. Each unit has its own washer and dryer, and sound-insulated flooring quiets the space between. Freshly painted inside & out, new insulated garage doors, epoxy-coated decks, plus new vinyl fencing and gates. Parking for four vehicles is an added luxury. With close proximity to the Beach & Bay, local dining, Lido Village, boardwalk, pier and so much more, the heavy lifting is already done. Just pack your bag and show up. Welcome to 112 46th Street!
Property Sub Type:
Duplex
Property Attached:
No
Lot Area:
3,485 sq. ft.324 m2
Bathrooms:
-
(Full:-, Half:-)
Year built:
1962
(Age: 64)
General Listing Location:
Newport Beach, N8 - West Newport - Lido
County Or Parish:
Orange
Tenant Pays:
Janitorial Service
Common Interest:
None
Gross Income:
$319,048
Gross Scheduled Income:
$375,351
Net Operating Income:
$197,255
Cap Rate %:
3.29
Rent Control:
No
Total Actual Rent:
$21,168
Association Fee:
$0
Land Lease:
No
Cable TV Expense:
$464
Electric Expense:
$1,985
Fuel Expense:
$1,176
Insurance Expense:
$7,829
Maintenance Expense:
$2,807
Taxes expense:
65945.0
Operating Expense:
$121,793
Professional Management Expense:
$39,582
Trash Expense:
$153
Water and Sewer Expense:
$1,252
Vacancy Allowance:
$56,303
Vacancy Allowance Rate:
$15
Tax Lot:
59
From PCH take Balboa Blvd, Turn right on 46th and its the 2nd duplex from Seashore on the left
Floor
Type
Size
Other
-
Living Room
Measurements not available
-
-
Bedroom
Measurements not available
All Bedrooms Down
-
Bedroom
Measurements not available
All Bedrooms Up
View:
Neighborhood, Ocean, Peek-A-Boo
Appliances:
Dishwasher, Gas Oven, Gas Range, Microwave, Refrigerator, Dryer, Washer
Number of Buildings:
1
# of Electric Meters:
2
# of Gas Meters:
1
# of Water Meters:
1
# Units Leased:
2
Community Features:
Biking, Curbs, Storm Drain(s), Sidewalks
Senior Community:
No
Interior Features:
Balcony, Furnished, Quartz Counters, Recessed Lighting, All Bedrooms Up, All Bedrooms Down