CA > Newport Beach
Newport Beach, CA 92663,1501 Cliff Drive
Newport Beach, CA 92663,1501 Cliff Drive
Newport Beach, CA 92663,1501 Cliff Drive
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$2,950,000
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7,150 Sqft Lot
Contingent

1501 Cliff Drive Newport Beach, CA 92663

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Jason Fogelman

Jason Fogelman

+1(858) 204-4262

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Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Contingent

Purchase Type For Sale

MLS Listing ID NP25092890

HOA Y/N No

Lot Size 7,150 Sqft

Property Sub-Type Res Income 2-4 Units

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 Beachs 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.
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 Beachs 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 Oc - Newport Beach (92663)

Zoning Assessor

Building

Story 2

Lot Size Range 4000-7499 SF

Level or Stories 2 Story

Others

Monthly Total Fees $45

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

San Diego Regional MLS (SDMLS)
Listed by George Hanold • Times Real Estate CA

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agent

Jason Fogelman

Realtor / North County Regional Manager | CA DRE#01374456

+1(858) 204-4262

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