1501 Cliff DR Open House

Newport Beach,CA 92663

$ 2950000

- Bed

- Bath

- SqFt


OPEN HOUSE

Fri May 02, 11:00am - 2:00pm  Sat May 03, 12:00pm - 4:00pm 

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Subdivision Cliffhaven (Clif)

MLS Listing ID NP25092890

Year Built 1960

Lot Size 7,148 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

Interior

Heating Central

Cooling None

Fireplaces Type Living Room

Laundry Common Area,Inside,Laundry Room

Exterior

Parking Features Door-Multi,Door-Single,Garage,Garage Faces Rear

Garage Spaces 3.0

Garage Description 3.0

Pool None

Community Features Street Lights

View Y/N No

View None

Building

Lot Description Garden

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Acceptable Financing Cash,Cash to New Loan,Conventional

Listing Terms Cash,Cash to New Loan,Conventional

Special Listing Condition Standard

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