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Listed by Peter Hauser • NorthMarq Realty Services, Inc
$ 15,000,000
Est. payment | /mo
0.65 Acres Lot
$ 15,000,000
Est. payment | /mo
0.65 Acres Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CROC25100801
Originating Board California Regional MLS
Year Built 1975
Lot Size 0.649 Acres
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
Interior
Laundry Community Facility
Exterior
Parking Features Garage
Garage Spaces 20.0
Pool None
Building
Water District - Public
Others
Tax ID 42524310
Special Listing Condition Not Applicable
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REALTOR® | Lic# 01507448 | 01746037