1501 Cliff Drive Open House

Newport Beach,CA 92663

$ 2950000

4 Beds

4 Baths

2945 SqFt


OPEN HOUSE

Sat May 03, 12:00pm - 4:00pm 

Key Details

Property Type Townhouse

Sub Type Townhome

Listing Status Active

Purchase Type For Sale

Square Footage 2,945 sqft

Price per Sqft $1,001

MLS Listing ID NP25095295

Style Townhome

Bedrooms 4

Full Baths 4

Year Built 1960

Lot Size 7,150 Sqft

Property Sub-Type Townhome

Type of Financing Cash,Conventional,Cash To New Loan

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 Beachs 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.
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 Beachs 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 Oc - Newport Beach (92663)

Interior

Fireplaces Type FP in Living Room

Equipment Dishwasher,Electric Oven,Electric Range

Laundry Laundry Room,Inside

Exterior

Parking Features Garage,Garage - Single Door,Garage - Two Door

Garage Spaces 3.0

Building

Story 2

Sewer Public Sewer

Water Public

Others

Monthly Total Fees $45

Acceptable Financing Cash,Conventional,Cash To New Loan

Listing Terms Cash,Conventional,Cash To New Loan

Special Listing Condition Standard

Virtual Tour https://www.zillow.com/view-imx/4b7093ea-d650-4970-a049-a5886fb4fe5c?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard

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