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Listed by Christopher Maddy • Pacific Sotheby's Int'l Realty
$ 3,195,000
Est. payment | /mo
2,000 SqFt
$ 3,195,000
Est. payment | /mo
2,000 SqFt
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 2,000 sqft
Price per Sqft $1,597
Subdivision Newport Heights
MLS Listing ID NP-25237417
Year Built 1924
Lot Size 5,876 Sqft
Property Sub-Type Triplex
Source California Regional Multiple Listing Service (CRMLS)
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
Area N6 - Newport Heights
Interior
Interior Features Built-In Features, Recessed Lighting, Storage
Heating Wall Furnace
Flooring Carpet, Tile, Wood
Fireplaces Type Living Room
Laundry Community
Exterior
Garage Spaces 2.0
Pool None
Community Features Biking, Curbs, Park
Building
Lot Description Corner Lot, Front Yard, Sprinkler System, 0-1 Unit/Acre, Back Yard
Sewer Public Sewer
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Marissa Buss & Danny Lampert
Lic# 01770909 | 01834114