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Listed by Jon Flagg • Pacific Sotheby's Int'l Realty
$ 3,395,000
Est. payment /mo
Active
107 23rd Newport Beach, CA 92663
3,250 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRNP25239762
Year Built 1958
Lot Size 3,250 Sqft
Property Sub-Type Fourplex
Source California Regional MLS
Property Description
A Rare Newport Beach Investment Opportunity! The Newport Beach Pier, a true landmark, has been a destination for locals as well as those from afar for decades and for the first time in 85 years, this fabulous mixed-use, four-unit property is available in the heart of Newport Beach, steps from the iconic pier and Blackies Beach. Offering a unique blend of historic, coastal charm and modern potential, this property is perfect for investors seeking immediate rental income or have a long-term development plan. If you're a family in search of a vacation property, you've found your seaside retreat. All four units are 1-bedroom, 1-bath, each approximately 535 sqft, with one unit featuring refreshing water views. Totaling 2,140 sqft of improvement space on a 3,250 sqft lot, the property offers ample flexibility. Zoned for mixed-use, the potential for future development or conversion is diverse, whether you're considering expanding, updating, or even creating a family compound near the beach. Four (or more) designated carport spaces plus additional storage, along with the property's proximity to world-class surfing, dining, and nightlife, make this a prime destination for both tenants and future residents. Don't miss this rare chance to own a piece of Newport Beach history, with substa
Location
State CA
County Orange
Area Np - Balboa Peninsula
Rooms
Kitchen Dishwasher, Freezer, Hood Over Range, Oven Range - Gas, Oven Range - Built-In, Refrigerator
Interior
Heating Wall Furnace
Cooling None
Flooring Laminate
Laundry Other
Exterior
Parking Features Carport
Pool None
View Water
Building
Water District - Public
Others
Tax ID 04714218
Special Listing Condition Not Applicable
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