1601 E 15th Street
Newport Beach, CA 92663
Listing provided courtesy of: NorthMarq Realty Services, Inc
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.
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Features:
Garage Public Sewer
| Price: | $15,000,000 |
| Interior (SQFT): | 28,270 |
| Lot Size (SQFT): | 28,270 |
| Property Type: | Residential Income |
| Year Built: | 1975 |
Listing provided courtesy of: NorthMarq Realty Services, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Based on information from California Regional MLS. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. © 2025 by California Regional MLS. All rights reserved. Listing last updated on 05/06/2025 23:32:31
