107 23rd Newport Beach, CA 92663 New

UPDATED: 10/16/2025 01:38 PM ON MARKET: 4 days on market

$3,395,000

4 Beds4 Baths2,140 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,140 sqft

Price per Sqft $1,586

Subdivision Balboa Peninsula (Residential) (Balp)

MLS Listing ID NP25239731

Bedrooms 4

Full Baths 4

HOA Y/N No

Year Built 1958

Lot Size 3,249 Sqft

Property Sub-Type Quadruplex

Property Description

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 here are of unit 2.


Listed by Jon Flagg Pacific Sotheby's Int'l Realty