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Listed by Peter Hauser • NorthMarq Realty Services, Inc
$15,000,000
Est. payment /mo
15,080 SqFt
Active
1601 E 15th Street Newport Beach, CA 92663
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Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 15,080 sqft
Price per Sqft $994
MLS Listing ID CROC25100801
HOA Y/N No
Year Built 1975
Lot Size 0.649 Acres
Property Sub-Type Other
Source Datashare California Regional
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
Interior
Fireplace No
Laundry Community Facility
Building
Water Public
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