1601 E 15th Street, Newport Beach, CA 92663

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Glen Henderson

[email protected] +1(619) 889-7646

$15,000,000

Est. payment - /mo

2 Beds

1 Bath

0.65 Acres Lot

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UPDATED:

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

HOA Y/N No

Lot Size 0.649 Acres

Property Sub-Type Res Income 2-4 Units

Type of Financing Exchange

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.
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

Area Oc - Newport Beach (92663)

Zoning Assessor

Building

Lot Description Sidewalks

Story 2

Level or Stories 2 Story

Others

Monthly Total Fees $219

Acceptable Financing Exchange

Space Rent $3,073

Listing Terms Exchange

CFD/Mello-Roos Fee $2, 638

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Listed by Peter Hauser • NorthMarq Realty Services, Inc

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Glen Henderson

+1(619) 889-7646

Broker Associate | CA BRE #01384181

Broker Associate CA BRE #01384181

San Diego Communities

1601 E 15th Street Newport Beach, CA 92663

Glen Henderson

Key Details

Location

Building

Others

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