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Description Open House Details Location Schools Recent Sales
$15,000,000 Est. $55,234 / mo.*

1601 E 15th Street Newport Beach , CA 92663

Property listed by NorthMarq Realty Services, Inc, Peter Hauser {attribution_contact}

Description

20 Units
Property Type: Apartment
Status: Active
Year Built: 1975
Days on Website: 6
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.

Open House

Property Details and Features

Building
Built in 1975
Building area total:
15,080
Levels:
Two
2 stories
4 buildings
Architectural style:
,Attached
Common walls:
TwoCommonWallsOrMore
Community
Biking
Fishing
Golf
Park
Sidewalks
WaterSports
Expenses
Electric expense:
$30,000
Fuel expense:
$3,260
Insurance expense:
$16,250
Operating expense:
$275,910
Trash expense:
$3,000
Water sewer expense:
$3,276
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Tour This Home

Contact an Agent

Christopher Lechner

(562) 972-0388

Location

$15,000,000 -
1601 E 15th Street Newport Beach , CA 92663
Country: US

Street View

Nearby Schools

Recent Sales in the Area