1501 Cliff Drive Pending

Newport Beach,CA 92663

$ 2950000

- Bed

- Bath

2945 SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Pending

Purchase Type For Sale

Square Footage 2,945 sqft

Price per Sqft $1,001

MLS Listing ID CRNP25092890

HOA Y/N No

Year Built 1960

Lot Size 7,150 Sqft

Property Sub-Type Duplex

Source Datashare California Regional

Property Description

Presenting 1501 & 1503 Cliff Dr Γ’β‚¬β€œ 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 BeachÒ€ℒs 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

Interior

Heating Central

Cooling No Air Conditioning

Fireplace No

Laundry Common Area,Laundry Room,Inside

Exterior

View None

Building

Lot Description Garden

Water Public

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