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.
For sale
Listing Provided by:
Peter Hauser DRE #00856966 949-302-1400,
NorthMarq Realty Services, Inc
Price cut: $1M (7/29)
$14,000,000
1601 E 15th St, Newport Beach, CA 92663
40beds
20baths
15,080sqft
Est.:
Multi Family
Built in 1975
-- sqft lot
$-- Zestimate®
$928/sqft
$-- HOA
What's special
Central courtyardIndividual walk-up designLarge ground floor patios
- 107 days
- on Zillow |
- 461 |
- 21 |
Zillow last checked: 7 hours ago
Listing updated: July 29, 2025 at 12:13pm
Listing Provided by:
Peter Hauser DRE #00856966 949-302-1400,
NorthMarq Realty Services, Inc
Source: CRMLS,MLS#: OC25100801
Originating MLS: California Regional MLS

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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 40
- Bathrooms: 20
Appliances
- Laundry: Common Area
Features
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 15,080
- Total interior livable area: 15,080 sqft
Property
Parking
- Total spaces: 20
- Parking features: Garage
- Garage spaces: 20
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Pool features: None
Lot
- Size: 0.65 Acres
- Features: 16-20 Units/Acre
Details
- Additional parcels included: 42524311
- Parcel number: 42524310
- Zoning: R-3
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1975
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Biking, Fishing, Golf, Park, Sidewalks, Water Sports
Location
- Region: Newport Beach
Financial & listing details
- Price per square foot: $928/sqft
- Date on market: 5/6/2025
- Listing terms: 1031 Exchange
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