1601 E 15th Street, Newport Beach, CA 92663

About this property

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.

Listing description from the September 2025 sale, as reported to CRMLS.

Sale history

$13,045,000

Sold September 2025 · listed $14,000,000, orig. $15,000,000, on market May 2025 · MLS #OC25100801 · Source: CRMLS

Listing Agent: Peter Hauser · Listing Office: NorthMarq Realty Services, Inc · Contact: 949-302-1400 · Bought with: General NONMEMBER · NONMEMBER MRML

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