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Listed by Jason C Bradshaw • Coldwell Banker Realty
$ 6,500,000
Est. payment /mo
New
2006 Court AVE Newport Beach, CA 92663
3,753 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family, Commercial
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CROC25246738
Year Built 1925
Lot Size 3,753 Sqft
Property Sub-Type Fourplex
Source California Regional MLS
Property Description
First time on the market in over 30 years, 2004 and 2006 Court Avenue present an exceptionally rare investment opportunity in one of Newport Beach's most sought-after coastal enclaves. Spanning TWO contiguous parcels with approximately 50 feet of frontage combined, this 100-year-old concrete-built quadruplex sits just steps from the pier, beaches, and the dining and shops of the Balboa Peninsula, an area known for some of the city's strongest appreciation, vibrant redevelopment activity, and truly unforgettable sunsets. The property is currently configured as TWO 1-bed/1-bath units, ONE 2-bed/1-bath unit, and ONE 2-bed/2-bath unit that has been thoughtfully divided into a 1-bed/1-bath plus an "owner's studio" with a full bath, covered patio, and private entrance. Each unit offers its own laundry and parking, showcasing charming details that include real hardwood floors, Mexican terracotta tile, ceramic tile bathrooms, and freestanding tubs. With EIGHT on-site parking spaces, TWO storage sheds, and individual washer/dryer hookups for EVERY unit, this property provides a rare combination of character, functionality, and flexibility. Whether held as a stable income property or reimagined for the future, the mixed-use zoning potential (subject to city approval) allows for creat
Location
State CA
County Orange
Area Np - Balboa Peninsula
Rooms
Kitchen Dishwasher, Freezer, Oven Range - Gas, Refrigerator
Interior
Flooring Laminate
Laundry In Closet, Other
Exterior
Pool 31, None
View Local/Neighborhood
Building
Water District - Public
Others
Tax ID 04715208
Special Listing Condition Not Applicable
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