1601 E 15th ST new Save Request In-Person Tour Request Virtual Tour
Newport Beach,CA 92663
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC25100801
Year Built 1975
Lot Size 0.649 Acres
Property Sub-Type Apartment
Property Description
Newport Harbor consists of four apartment buildings, each constructed in 1975 situated on two separate legal lots consisting of ten units each. Each building is one and two-story construction with interior central courtyard and individual walk-up design. The roof structures are a mix of pitched composition shingle and metal, and were recently replaced in May 2025. The property is gated and features one laundry room on each lot. Twelve units have been fully renovated while the remaining eight can be renovated to increase cash flow. The property is individually metered for electric and features a master water heater for each individual building (4). Each unit features central air conditioning and heat. Twelve units feature large ground floor patios while four units feature balconies.
Location
State CA
County Orange
Area 699 - Not Defined
Zoning R-3
Interior
Laundry Common Area
Exterior
Parking Features Garage
Garage Spaces 20.0
Garage Description 20.0
Pool None
Community Features Biking,Fishing,Golf,Park,Sidewalks,Water Sports
Building
Lot Description 16-20 Units/Acre
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Special Listing Condition Standard