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.
Property Type
Residential IncomeCounty
OrangeStyle
Residential IncomeAD ID
49569611
Sell a home like this and save $176,501 Find Out How
Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
Interior Features
- Interior Features: Bedroom on Main Level,Walk-In Closet(s)
- Property Appliances: Dishwasher,Electric Oven,Electric Range,Refrigerator
- Fireplace: Living Room
Cooling Features
- None
- Air Conditioning
Heating Source
- Central
- Has Heating
Fireplace
- Fireplace Features: Living Room
- Has Fireplace: 1
-
Exterior Features
Building Information
- Year Built: 1960
- Building Area Total: 2,945
Pool Features
- None
Laundry Features
- Common Area,Inside,Laundry Room
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.1641
- Lot Size Source: Assessor
- Lot Size Square Feet: 7150
-
Listing Information
Listing Price Information
- Original List Price: 2,950,000
- Listing Contract Date: 2025-04-29
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 04922111
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Door-Multi,Door-Single,Garage,Garage Faces Rear
Homeowners Association
Rental Info
- Lease Term: Negotiable
- Tenant Pays: Electricity,Gas,Sewer,Water
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active Under Contract
- Source Neighborhood: N6 - Newport Heights
- Postal Code Plus 4: 5207
- Directions: Cliff Dr, south side of Cliff Dr on other side of Ensign fields.
- Source Property Type: Residential Income
- Area: N6 - Newport Heights
- Property SubType: Duplex
Building and Construction
- Property Age: 65
- Common Walls: No Common Walls
- Structure Type: Duplex
- Year Built Source: Assessor
- Entry Level: 1
- Entry Location: 1
- Levels or Stories: Two
- Building Total Stories: 2
Statistics Bottom Ads 2

Sidebar Ads 1

Learn More about this Property
Sidebar Ads 2

Sidebar Ads 2

Copyright © 2025 by the Multiple Listing Service of the California Regional MLS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the California Regional MLS®. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.
BuyOwner last updated this listing 05/10/2025 @ 12:43
- MLS: NP25092890
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 4 bedrooms which is recently sold, it has 2,945 sqft, 7,150 sized lot, and 3 parking. are nearby neighborhoods.