3,754 Sqft Lot
3,754 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Subdivision Balboa Peninsula (Residential) (Balp)
MLS Listing ID OC25246738
HOA Y/N No
Year Built 1925
Lot Size 3,754 Sqft
Property Sub-Type Quadruplex
Property Description
Currently configured as two 1-bed/1-bath units, one 2-bed/1-bath unit, and one converted 1-bed/1-bath studio, the property provides a range of income opportunities with significant long-term upside. Its mixed-use potential allows for future transformation into residential units above and retail below (subject to city approval), making it ideal for investors seeking both flexibility and future growth.
With eight on-site parking spaces, two storage sheds, and an irreplaceable position in the heart of Newport Beach, this property represents an exceptional land-banking opportunity with income potential and unlimited possibilities for the next century.
Location
State CA
County Orange
Area Np - Balboa Peninsula
Interior
Interior Features Built-in Features, Ceiling Fan(s), Open Floorplan
Flooring Laminate, Tile
Fireplaces Type None
Fireplace No
Appliance Dishwasher, Freezer, Gas Range, Refrigerator
Laundry Inside, Laundry Closet
Exterior
Exterior Feature Awning(s)
Pool None
Community Features Curbs, Street Lights, Sidewalks
View Y/N Yes
View Neighborhood
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 04715208
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
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