107 23rd, Newport Beach, CA 92663 - MLS#NP25239762

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Matt O'Brien

matt@homecrave.com +1(619) 302-3010

$ 3,395,000

Est. payment | -/mo

4 Beds

3,250 Sqft Lot

Save

$ 3,395,000

Est. payment | -/mo

Save

4 Beds

3,250 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

Subdivision Balboa Peninsula (Residential) (

MLS Listing ID NP25239762

Bedrooms 4

Lot Size 3,250 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

A Rare Newport Beach Investment Opportunity! 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 youre a family in search of a vacation property, youve 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. Dont 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

Zoning Assessor

Direction Balboa Blvd to 23rd St.

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Senior Community No

Tax ID 04714218

Acceptable Financing Cash

Listing Terms Cash

Listed by Jon Flagg Pacific Sotheby's Int'l Realty

+1(619) 302-3010

matt@homecrave.com

San Diego, CA, 92124

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107 23rd Newport Beach, CA 92663