1501 Cliff DR new

Newport Beach,CA 92663

$ 2950000

- Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRNP25092890

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

Area N6 - Newport Heights

Rooms

Kitchen Dishwasher,Oven Range - Electric,Refrigerator,Oven - Electric

Interior

Heating Central Forced Air

Cooling None

Laundry In Laundry Room,Laundry Area,Other

Exterior

Parking Features Attached Garage,Garage

Garage Spaces 5.0

Pool 31,None

View None

Building

Water District - Public

Others

Special Listing Condition Not Applicable

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