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$15,000,000

Est. payment - /mo

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2 Beds

1 Bath

Active

1601 E 15th Street Newport Beach, CA 92663

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Richard Combs

[email protected] +1(619) 838-9307

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Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC25100801

Bedrooms 2

Property Sub-Type Res Income 2-4 Units

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 Assessor

Direction Located off of East 15th Street Across from Newport Harbor High School

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Tax ID 42524310

Listed by Peter Hauser NorthMarq Realty Services, Inc

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Richard Combs

Broker | License ID: 01526804

+1(619) 838-9307

1601 E 15th Street Newport Beach, CA 92663

Richard Combs

Key Details

Location

Interior

Exterior

Building

Others

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1601 E 15th Street