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Listed by George Hanold • Times Real Estate CA
$ 2,950,000
Est. payment | /mo
2,945 SqFt
$ 2,950,000
Est. payment | /mo
2,945 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
Originating Board Datashare California Regional
Year Built 1960
Lot Size 7,150 Sqft
Property Sub-Type Duplex
Property Description
Presenting 1501 & 1503 Cliff Dr – 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 Beach’s 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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