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Listed by George Hanold • Times Real Estate CA
$2,950,000
Est. payment /mo
7,150 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Pending
Purchase Type For Sale
MLS Listing ID CRNP25092890
Originating Board California Regional MLS
Year Built 1960
Lot Size 7,150 Sqft
Property Sub-Type Duplex
Property Description
Presenting 1501 & 1503 Cliff Dr - Two homes on one R2 lot in prime Newport Heights, offering strong value-add and rental upside. This never-before-sold property is a rare find with each residence consisting of 2-bed and 2-bath. Ideal for investors, developers, or owner-occupants seeking income potential. Add immediate value through cosmetic upgrades or explore redevelopment opportunities including potential condo conversion in one of Newport Beach's most desirable neighborhoods. 1501 Cliff Dr features a spacious living room with high ceilings and fireplace, a flexible family/dining area, kitchen, full bath, and downstairs bedroom. Upstairs is a large primary suite with en-suite bath and walk-in closet. 1503 Cliff Dr offers a similar layout with a living room, kitchen, full bath, and bedroom downstairs, and a large upstairs suite with full bathroom. Located in a highly walkable area close to top schools, 17th Street dining and retail, the Back Bay, and beaches, this property is loaded with potential for short- or long-term upside.
Location
State CA
County Orange
Area N6 - Newport Heights
Rooms
Kitchen Dishwasher, Oven Range - Electric, Refrigerator, Oven - Electric
Interior
Heating Central Forced Air
Cooling None
Laundry In Laundry Room, Laundry Area, Other
Exterior
Parking Features Attached Garage, Garage
Garage Spaces 5.0
Pool 31, None
View None
Building
Water District - Public
Others
Tax ID 04922111
Special Listing Condition Not Applicable
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