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Heejin Kim

heejink@jvmlending.com +1(925) 855-4491

Listed by George Hanold • Times Real Estate CA

$2,950,000

Est. payment - /mo

4 Beds

4 Baths

2,945 SqFt

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Sat May 03, 12:00pm - 4:00pm

Fri May 02, 11:00am - 2:00pm

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Key Details

Property Type Single Family Home

Sub Type Duet

Listing Status Active

Purchase Type For Sale

Square Footage 2,945 sqft

Price per Sqft $1,001

MLS Listing ID CRNP25095295

Bedrooms 4

Full Baths 4

HOA Y/N No

Originating Board Datashare California Regional

Year Built 1960

Lot Size 7,150 Sqft

Property Sub-Type Duet

Property Description

Presenting 1501 & 1503 Cliff Dr â€“ 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 Beachâ€™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

Interior

Heating Central

Cooling None

Fireplaces Type Living Room

Fireplace Yes

Appliance Dishwasher, Electric Range

Laundry Laundry Room, Other, Inside

Exterior

Garage Spaces 3.0

Pool None

View None

Private Pool false

Building

Lot Description Street Light(s)

Story 2

Water Public

Schools

School District Newport-Mesa Unified

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Heejin Kim

+1(925) 855-4491

Real Estate Agent | CalBRE#00490525 | NMLS#271603

Real Estate Agent CalBRE#00490525 | NMLS#271603

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1501 Cliff Drive Newport Beach, CA 92663

Heejin Kim

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