421 Harding St, California City, California 92661, California City, - bed, bath
ACTIVE$2,900,000
421 Harding St, California City, California 92661
4Beds
3Baths
2,400Sqft
2,178Lot
Year Built
1908
Close
-
List price
$2.9M
Original List price
$2.9M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
RS25175374
Home ConditionTear down
Features
Excellent View: None
Patio
View-
About this home
Presenting a rare investment opportunity in the heart of Newport Beach—just two blocks from the iconic Balboa Pier and Newport Bay. Situated on exclusive Harbor Island, this prime property offers unbeatable location value and strong ROI potential. Architectural plans are included, saving valuable time and resources in the planning phase. The proposed design features a stunning rooftop deck with sweeping views of both the ocean and bay. Whether you're looking to flip or create a high-end rental with strong cash flow, this property is an exceptional opportunity. Plans available upon request. Property is sold as-is; buyers and agents are advised to conduct their own due diligence regarding zoning and development requirements.
Nearby schools
9/10
Newport Elementary School
Public,•PK-6•1.0mi
7/10
Horace Ensign Intermediate School
Public,•7-8•1.3mi
7/10
Newport Harbor High School
Public,•9-12•1.6mi
Price History
Date
Event
Price
08/14/25
Listing
$2,900,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (3 Listings) | |
|---|---|---|---|
| Beds | 4 | 0 | 0% |
| Baths | 3 | 0 | 0% |
| Square foot | 2,400 | 0 | 25% |
| Lot Size | 2,178 | 2,832 | 25% |
| Price | $2.9M | $2.7M | 75% |
| Price per square foot | $1,208 | $604 | 50% |
| Built year | 1908 | 9760976 | 25% |
| HOA | |||
| Days on market | 83 | 166 | 25% |
Condition Rating
Tear down
The property, built in 1908, is explicitly described as an 'investment opportunity' with 'architectural plans included' and 'sold as-is,' indicating it is not habitable. Images reveal a gutted interior with exposed joists, unfinished walls, debris, and no functional kitchen or bathrooms. The flooring is either concrete, subfloor, or very old, damaged linoleum. There are no visible modern systems (HVAC, electrical, plumbing) in place. The overall condition is unlivable, and its value is clearly based on the prime location and redevelopment potential, aligning with the 'tear-down' criteria.
Pros & Cons
Pros
Exceptional Location: Prime location in the heart of Newport Beach, just two blocks from the iconic Balboa Pier and Newport Bay, situated on exclusive Harbor Island.
High Investment Potential: Offers strong ROI potential, ideal for a flip project or creating a high-end rental with strong cash flow.
Included Architectural Plans: Architectural plans are included, significantly saving valuable time and resources in the planning and development phase.
Future Value-Add Feature: The proposed design features a stunning rooftop deck with sweeping views of both the ocean and bay, enhancing future market appeal.
Rare Opportunity: Presented as a rare investment opportunity in a highly sought-after and exclusive market.
Cons
As-Is Sale Condition: The property is sold in 'as-is' condition, which may necessitate significant additional investment for repairs, upgrades, or full redevelopment.
Zoning & Development Due Diligence Required: Buyers are advised to conduct their own thorough due diligence regarding zoning and development requirements, indicating potential complexities or restrictions.
Age of Property: Built in 1908, the property's age suggests potential for outdated infrastructure, systems, or unforeseen structural issues that may arise during redevelopment.