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.
Property Details
Price:
$15,000,000
MLS #:
OC25100801
Status:
Active
Baths:
0
Address:
1601 E 15th Street
Type:
Residential Income
Subtype:
Apartment
Neighborhood:
699notdefined
City:
Newport Beach
Listed Date:
May 6, 2025
State:
CA
ZIP:
92663
Lot Size:
28,270 sqft / 0.65 acres (approx)
Year Built:
1975
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Schools
Interior
Exterior
Community Features
Biking, Fishing, Golf, Park, Watersports, Sidewalks
Garage Spaces
20.00
Lot Features
16-20 Units/ Acre
Parking Features
Garage
Parking Spots
20.00
Pool Features
None
Sewer
Public Sewer
Stories Total
2
Water Source
Public
Financial
Map
Community
- Address1601 E 15th Street Newport Beach CA
- Area699 – Not Defined
- CityNewport Beach
- CountyOrange
- Zip Code92663
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1601 E 15th Street
Newport Beach, CA
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