1501 Cliff DR new

Newport Beach,CA 92663

$ 2950000

4 Beds

4 Baths

2945 SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,945 sqft

Price per Sqft $1,001

MLS Listing ID CRNP25095295

Bedrooms 4

Full Baths 4

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

Family Room Other

Dining Room Breakfast Bar

Kitchen Dishwasher,Oven Range - Electric,Oven - Electric

Interior

Heating Central Forced Air

Cooling None

Fireplaces Type Living Room

Laundry In Laundry Room,Laundry Area,Other

Exterior

Parking Features Attached Garage,Garage

Garage Spaces 3.0

Pool 31,None

View None

Building

Water District - Public

Others

Special Listing Condition Not Applicable

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