Newport Beach, CA 92663,1501 Cliff DR
Newport Beach, CA 92663,1501 Cliff DR
Newport Beach, CA 92663,1501 Cliff DR
51
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$2,950,000
$2,950,000
Est. payment /mo
4 Beds
4 Baths
2,945 SqFt
Sold on 05/28/2025

1501 Cliff DR Newport Beach, CA 92663

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Joe Foty
Joe Foty

Agent | License ID: 01338639

+1(619) 847-3894

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Key Details

Sold Price $2,950,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,945 sqft

Price per Sqft $1,001

Subdivision Cliffhaven (Clif)

MLS Listing ID NP25095295

Bedrooms 4

Full Baths 4

Year Built 1960

Lot Size 7,148 Sqft

Property Sub-Type Duplex

Property Description

Presenting 1501 & 1503 Cliff Dr – 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 Beach'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

Area N6 - Newport Heights

Interior

Heating Central

Cooling None

Fireplaces Type Living Room

Laundry Common Area, Inside, Laundry Room

Exterior

Parking Features Door-Multi, Door-Single, Garage, Garage Faces Rear

Garage Spaces 3.0

Garage Description 3.0

Pool None

Community Features Street Lights

View Y/N No

View None

Building

Lot Description Garden

Story 2

Sewer Public Sewer

Water Public

New Construction No

Schools

Elementary Schools Newport Heights

Middle Schools Horace Ensign

High Schools Newport Harbor

School District Newport Mesa Unified

Others

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Special Listing Condition Standard


California Regional MLS (CRMLS)
Listed by George Hanold • Times Real Estate CA • 949-836-5479
Bought with George Hanold • Times Real Estate CA

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agent

Joe Foty

Agent | License ID: 01338639

+1(619) 847-3894

Name
Phone*
Message

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1501 Cliff DR