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Listed by Christopher Maddy • Pacific Sotheby's Int'l Realty
$3,195,000
Est. payment /mo
2,000 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Pending
Purchase Type For Sale
Square Footage 2,000 sqft
Price per Sqft $1,597
MLS Listing ID CRNP25237417
HOA Y/N No
Year Built 1924
Lot Size 5,876 Sqft
Property Sub-Type Triplex
Source Datashare California Regional
Property Description
Perfectly positioned on a coveted corner lot in one of Newport Heights most desirable locations, 465 Santa Ana Avenue presents a rare 3-unit multifamily opportunity. Zoned R-1, this property offers exceptional versatility and endless potential. The charming front bungalow features 2 bedrooms, 1 bathroom, a cozy fireplace, and a spacious private backyard, exuding classic Newport charm. The detached rear building includes two additional units-a 3-bedroom, 2-bathroom upper residence and studio in the lower unit. Additional amenities include two single-car garages and a shared laundry room for tenant convenience. Whether you're an investor seeking a premium Newport Beach income property or a homeowner envisioning your dream build, 465 Santa Ana delivers the best of both worlds. Enjoy strong rental income while you plan future development. Located just moments from world-class beaches, top-rated schools, and the shops and restaurants of 17th Street, this is an opportunity not to be missed.
Location
State CA
County Orange
Interior
Heating Wall Furnace
Cooling No Air Conditioning
Flooring Tile, Carpet, Wood
Fireplace No
Laundry Common Area
Building
Lot Description Corner Lot, Other, Back Yard, Front Yard
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Altie Schmitt
Partner at Village Associates | License ID: 00924672
Partner at Village Associates License ID: 00924672
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