1601 East 15th Street new

Newport Beach,CA 92663

$ 15000000

- Bed

0 Bath

15080 SqFt


Key Details

Property Type Single Family Home

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 15,080 sqft

Price per Sqft $994

MLS Listing ID OC-25100801

Year Built 1975

Lot Size 0.649 Acres

Property Sub-Type Apartment

Property Description

Newport Harbor consists of four apartment buildings, each constructed in 1975 situated on two separate legal lots consisting of ten units each. Each building is one and two-story construction with interior central courtyard and individual walk-up design. The roof structures are a mix of pitched composition shingle and metal, and were recently replaced in May 2025. The property is gated and features one laundry room on each lot. Twelve units have been fully renovated while the remaining eight can be renovated to increase cash flow. The property is individually metered for electric and features a master water heater for each individual building (4). Each unit features central air conditioning and heat. Twelve units feature large ground floor patios while four units feature balconies.

Location

State CA

County Orange

Zoning R-3

Interior

Laundry Community

Exterior

Parking Features Garage

Garage Spaces 20.0

Pool None

Community Features Biking,Fishing,Golf,Park,Sidewalks,Watersports

Building

Lot Description 16-20 Units/Acre

Sewer Public Sewer

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