1601 E 15th Street, Property Listing: MLS® #OC25100801

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.

1601 E 15th Street, Property Listing: MLS® #OC25100801 Close
Page Summary
NEW
  • MLS® #: OC25100801
  • 1601 E 15th Street
  • , CA 92663
  • $15,000,000
  • 0.65 Acres
  • Office: Northmarq Realty Services, Inc

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.

Supplemental Remarks

Essential Information

  • MLS® #OC25100801
  • Listing Price$15,000,000
  • Original Listing Price$15,000,000
  • Date ListedMay 6th, 2025
  • Days on Market1
  • Bathrooms0.00
  • Acres0.65
  • Lot Sq.Ft.28,270
  • TypeResidential Income
  • StatusACTIVE

Dues

  • HOA Dues$0
  • Total Monthly Dues$219

Community Information

  • Address1601 E 15th Street
  • AreaOC - NEWPORT BEACH (92663)
  • CountyOrange
  • StateCA
  • Zip Code92663

Amenities

  • PoolN/K

Interior

  • # of Stories2

Exterior

  • Lot DescriptionSidewalks
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Listing information last updated on June 1st, 2025 at 5:23am PDT.