107 23rd, Newport Beach, California 92663, Newport Beach, - bed, bath

About this home
A Rare Newport Beach Investment Opportunity! The Newport Beach Pier, a true landmark, has been a destination for locals as well as those from afar for decades and for the first time in 85 years, this fabulous mixed-use, four-unit property is available in the heart of Newport Beach, steps from the iconic pier and Blackies Beach. Offering a unique blend of historic, coastal charm and modern potential, this property is perfect for investors seeking immediate rental income or have a long-term development plan. If you’re a family in search of a vacation property, you’ve found your seaside retreat. All four units are 1-bedroom, 1-bath, each approximately 535 sqft, with one unit featuring refreshing water views. Totaling 2,140 sqft of improvement space on a 3,250 sqft lot, the property offers ample flexibility. Zoned for mixed-use, the potential for future development or conversion is diverse, whether you're considering expanding, updating, or even creating a family compound near the beach. Four (or more) designated carport spaces plus additional storage, along with the property's proximity to world-class surfing, dining, and nightlife, make this a prime destination for both tenants and future residents. Don’t miss this rare chance to own a piece of Newport Beach history, with substantial growth potential and many possibilities for personal or investment use. Photos are of unit 2, which has been remodeled/updated
Nearby schools
Price History
| Subject | Average Home | Neighbourhood Ranking (24 Listings) | |
|---|---|---|---|
| Beds | 0 | 6 | |
| Baths | 0 | 4 | |
| Square foot | 2,140 | 2,461 | 28% |
| Lot Size | 3,250 | 2,614 | 80% |
| Price | $3.4M | $3.2M | 56% |
| Price per square foot | $1,586 | $1,404 | 72% |
| Built year | 1958 | 1963 | 32% |
| HOA | |||
| Days on market | 21 | 168 | 4% |

