$2,895,000 Est. $10,660 / mo.*

421 Harding Street Newport Beach , CA 92661

Property listed by Elite REO Brokers, Mo Azadzoi {attribution_contact}

Description

4 Beds
3 full, 1 half Baths
2,400 Sqft
2,178 Sqft lot
0.05 Acre lot
Status: Active
Property Type: Single Family Residence
Year Built: 1908
Neighborhood: Balboa Peninsula (residential) (balp)
Days on Website: 64
Calling all investors, developers, contractors, and flippers—this is the rare chance you’ve been waiting for! Nestled in a prime location, this property offers an unmatched opportunity to unlock its full potential with a high return on investment. Whether you’re looking for your next project to flip or searching for a long-term investment with significant appreciation potential, this fixer-upper is a hidden gem, priced well below market value for a quick sale. The property comes with architectural plans already available for a comprehensive remodel, saving you time and effort in the planning stages. Once completed, the estimated after-remodel value is an impressive $5,800,000, providing ample opportunity to capitalize on this venture. Whether you plan to resell or hold the property as a lucrative rental, this project promises a remarkable return on your investment. The existing structure is primed for a transformation, offering a blank canvas for a new vision. Imagine designing a luxurious and modern home that meets the demands of today’s discerning buyers. The spacious layout, generous lot size, and desirable location make this property ripe for a significant upgrade. Roof deck included in the initial plans. Verbal approval on the plans from the city.

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Property Details and Features

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Contact an Agent

Christopher Lechner

(562) 972-0388