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Listed by Arthur Dorr, DRE #01899740 • Balboa Realty
$2,400,000
Est. payment /mo
2,178 Sqft Lot
Active
203 6th ST Newport Beach, CA 92661
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Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRNP26193591
Year Built 1941
Lot Size 2,178 Sqft
Property Sub-Type Triplex
Source California Regional MLS
Property Description
RARE BALBOA PENINSULA REDEVELOPMENT OPPORTUNITY. Located in the heart of Newport Beach's iconic Balboa Peninsula, 203 6th Street presents a unique opportunity for investors, developers, and those seeking to create a new coastal residence in one of Southern California's most coveted beach communities. The property is currently configured as a triplex consisting of three separate one-bedroom units, offering immediate income potential while providing an exceptional opportunity to reimagine the property for the future. Situated on an approximately 2,178-square-foot lot, the property's existing configuration provides flexibility for a variety of investment strategies. An investor may choose to maintain and improve the existing three-unit income property, while a developer or owner-user may explore the potential to redevelop the site and maximize its value through a new construction project, subject to City of Newport Beach approvals and applicable zoning and development regulations. The property's location is a major part of the opportunity. Positioned just moments from the beach, bay, restaurants, shops, and the vibrant entertainment that defines the Balboa Peninsula, this is an exceptionally walkable coastal setting. The combination of a highly desirable Peninsula location, existi
Location
State CA
County Orange
Area Np - Balboa Peninsula
Rooms
Kitchen Refrigerator
Interior
Heating Wall Furnace
Cooling None
Laundry Other, Washer/Dryer - Owned
Exterior
Parking Features No Parking
Pool 31, None
View Local/Neighborhood
Roof Type Flat / Low Pitch
Building
Story One Story
Foundation Concrete Slab
Water District - Public
Others
Tax ID 04802214
Special Listing Condition Not Applicable
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