107 23rd Newport Beach, CA 92663
UPDATED:
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Subdivision Balboa Peninsula (Residential) (Balp)
MLS Listing ID NP25239762
HOA Y/N No
Year Built 1958
Lot Size 3,249 Sqft
Property Sub-Type Quadruplex
Property Description
The Newport Beach Pier, a true landmark, has been a destination for locals as well as those from afar for decades and for the first time in 85 years, this fabulous mixed-use, four-unit property is available in the heart of Newport Beach, steps from the iconic pier and Blackies Beach. Offering a unique blend of historic, coastal charm and modern potential, this property is perfect for investors seeking immediate rental income or have a long-term development plan. If you're a family in search of a vacation property, you've found your seaside retreat. All four units are 1-bedroom, 1-bath, each approximately 535 sqft, with one unit featuring refreshing water views. Totaling 2,140 sqft of improvement space on a 3,250 sqft lot, the property offers ample flexibility. Zoned for mixed-use, the potential for future development or conversion is diverse, whether you're considering expanding, updating, or even creating a family compound near the beach. Four (or more) designated carport spaces plus additional storage, along with the property's proximity to world-class surfing, dining, and nightlife, make this a prime destination for both tenants and future residents.
Don't miss this rare chance to own a piece of Newport Beach history, with substantial growth potential and many possibilities for personal or investment use. Photos are of unit 2, which has been remodeled/updated
Location
State CA
County Orange
Area Np - Balboa Peninsula
Interior
Interior Features Ceiling Fan(s), Bedroom on Main Level, Main Level Primary
Heating Wall Furnace
Cooling None
Flooring Laminate
Fireplaces Type None
Fireplace No
Appliance Built-In Range, Dishwasher, Freezer, Gas Range, Refrigerator, Range Hood
Laundry Outside
Exterior
Parking Features Carport
Pool None
Community Features Curbs, Street Lights
Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Waterfront Description Beach Access,Ocean Access
View Y/N Yes
View Water
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 04714218
Energy Description 580.0
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
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