2006 Court Street, Newport Beach, CA 92663
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
2006 Court Street,Newport Beach, CA 92663
$5,500,000
- - Beds
- - Baths
- 2,754 sq. ft.
- Multi-family
- Active
Listed by:jason c bradshaw
Office:coldwell banker realty
MLS#:OC25246738
Source:CRMLS
Price summary
- Price:$5,500,000
- Price per sq. ft.:$1,997.1
About this home
First time on the market in 30 years, 2006 Court Street offers an exceptionally rare investment opportunity in one of Newport Beach's most sought-after coastal neighborhoods. Set on two contiguous parcels spanning approximately 50 feet in width, this 100-year-old quadruplex sits just steps from the pier, beaches, and the shopping and dining of the Balboa Peninsula, a location that continues to see some of the highest appreciation and redevelopment activity, along with the most gorgeous sunsets you'll find in the city. Currently configured as two 1-bed/1-bath units, one 2-bed/1-bath unit, and one converted 1-bed/1-bath studio, the property provides a range of income opportunities with significant long-term upside. Its mixed-use potential allows for future transformation into residential units above and retail below (subject to city approval), making it ideal for investors seeking both flexibility and future growth. With eight on-site parking spaces, two storage sheds, and an irreplaceable position in the heart of Newport Beach, this property represents an exceptional land-banking opportunity with income potential and unlimited possibilities for the next century.
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Home facts
- Year built:1925
- Listing ID #:OC25246738
- Added:1 day(s) ago
- Updated:November 05, 2025 at 01:28 AM
Rooms and interior
- Living area:2,754 sq. ft.
Structure and exterior
- Year built:1925
- Building area:2,754 sq. ft.
- Lot area:0.09 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$5,500,000
- Price per sq. ft.:$1,997.1
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