2006 Court Street

Newport Beach , CA 92663

MLS#: OC25246738

$5,500,000

Status: Active
Listing number: OC25246738
Listing provided by: Coldwell Banker Realty
Listing agent phone: None
Last update: 19 hours ago
New on site 2 days ago
Browse Properties
Balboa Peninsula (Residential) (BALP) - Residential Income

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1925

Sq.Footage

N/A

First time on the market in 30 years, 2006 Court Street offers an exceptionally rare investment opportunity in one of Newport Beach’s most sought-after coastal neighborhoods. Set on two contiguous parcels spanning approximately 50 feet in width, this 100-year-old quadruplex sits just steps from the pier, beaches, and the shopping and dining of the Balboa Peninsula, a location that continues to see some of the highest appreciation and redevelopment activity, along with the most gorgeous sunsets you’ll find in the city. Currently configured as two 1-bed/1-bath units, one 2-bed/1-bath unit, and one converted 1-bed/1-bath studio, the property provides a range of income opportunities with significant long-term upside. Its mixed-use potential allows for future transformation into residential units above and retail below (subject to city approval), making it ideal for investors seeking both flexibility and future growth. With eight on-site parking spaces, two storage sheds, and an irreplaceable position in the heart of Newport Beach, this property represents an exceptional land-banking opportunity with income potential and unlimited possibilities for the next century.

Features & Amenities

Interior

  • Other Interior Features

    Built-in Features, Ceiling Fan(s), Open Floorplan

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Fireplace YN

    NO

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Other Exterior Features

    Awning(s)

  • Pool

    Yes

  • Pool Features

    None

  • View

    Neighborhood

Area & Lot

  • Lot Size(acres)

    0.0862

  • Property Type

    Residential Income

  • Property Sub Type

    Quadruplex

Price

  • Sales Price

    $5,500,000

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    2

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

  • Tax Lot

    2

  • Water Source

    Public

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Location

County

Orange

Elementary School

Middle School

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Listing Courtesy of Jason C Bradshaw , Coldwell Banker Realty

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First time on the market in 30 years, 2006 Court Street offers an exceptionally rare investment opportunity in one of Newport Beach’s most sought-after coastal neighborhoods. Set on two contiguous parcels spanning approximately 50 feet in width, this 100-year-old quadruplex sits just steps from the pier, beaches, and the shopping and dining of the Balboa Peninsula, a location that continues to see some of the highest appreciation and redevelopment activity, along with the most gorgeous sunsets you’ll find in the city. Currently configured as two 1-bed/1-bath units, one 2-bed/1-bath unit, and one converted 1-bed/1-bath studio, the property provides a range of income opportunities with significant long-term upside. Its mixed-use potential allows for future transformation into residential units above and retail below (subject to city approval), making it ideal for investors seeking both flexibility and future growth. With eight on-site parking spaces, two storage sheds, and an irreplaceable position in the heart of Newport Beach, this property represents an exceptional land-banking opportunity with income potential and unlimited possibilities for the next century.

2006 Court Street

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