2006 Court Avenue, Newport Beach, CA 92663

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Glen Henderson

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

$6,500,000

Est. payment - /mo

6 Beds

3,753 Sqft Lot

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Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

Subdivision Balboa Peninsula (Residential) (

MLS Listing ID OC25246738

Bedrooms 6

Lot Size 3,753 Sqft

Property Sub-Type Res Income 2-4 Units

Type of Financing Cash

Property Type Res Income 2-4 Units

Property Description

First time on the market in over 30 years, 2004 and 2006 Court Avenue present an exceptionally rare investment opportunity in one of Newport Beachs most sought-after coastal enclaves. Spanning TWO contiguous parcels with approximately 50 feet of frontage combined, this 100-year-old concrete-built quadruplex sits just steps from the pier, beaches, and the dining and shops of the Balboa Peninsula, an area known for some of the citys strongest appreciation, vibrant redevelopment activity, and truly unforgettable sunsets. The property is currently configured as TWO 1-bed/1-bath units, ONE 2-bed/1-bath unit, and ONE 2-bed/2-bath unit that has been thoughtfully divided into a 1-bed/1-bath plus an owners studio with a full bath, covered patio, and private entrance. Each unit offers its own laundry and parking, showcasing charming details that include real hardwood floors, Mexican terracotta tile, ceramic tile bathrooms, and freestanding tubs. With EIGHT on-site parking spaces, TWO storage sheds, and individual washer/dryer hookups for EVERY unit, this property provides a rare combination of character, functionality, and flexibility. Whether held as a stable income property or reimagined for the future, the mixed-use zoning potential (subject to city approval) allows for creative possibilities such as residential over retail. Just one street from the sand, and away from the major boulevard, 20042006 Court Ave is a true land-banking opportunity in the heart of Newport Beach, offering income today and limitless potential for the next century to come.

Location

State CA

County Orange

Zoning See Remark

Direction Newport Beach peninsula adjacent to the pier

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Senior Community No

Tax ID 04715208

Acceptable Financing Cash

Listing Terms Cash

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Listed by Jason C Bradshaw Coldwell Banker Realty

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Glen Henderson

+1(619) 889-7646

Broker Associate | CA BRE #01384181

Broker Associate CA BRE #01384181

San Diego Communities

2006 Court Avenue Newport Beach, CA 92663

Glen Henderson

Key Details

Location

Interior

Exterior

Building

Others

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