$ 2,219,000
$80,000 Price cut
1511 Cliff Drive, Newport Beach, CA 92663  
  • 5 beds
  • 2 baths
  • 1,424 sqft

1511 Cliff Drive, Newport Beach, CA 92663  

Wonderful Unique Development Opportunity approved to build 2 adjoining homes. Plans approved in 2007. Revisions currently being worked on to resubmit to the city for approval. Plans to build out 4 Bedrooms, 4 Bathrooms, approximately 2800 square each, a total of approximately 5600 square feet with a 3rd floor deck, and a tentative map to be recorded, in order to obtain two separate APNS, on a nice street, close to famed Balboa Island. Close to shops, Transportation, Restaurants. and Nightlife. Excellent location. Bring your developer, architect and imagination. Sold for Land Value/Development. No termite, repairs, retrofitting, credits or other. Non-Contingent sale. Sold in "AS IS" and "WHERE IS" condition. Buyers to verify all information and do their own due diligence. Buyer can also choose to hold the property for long term. Currently a Duplex, with a Gross Income of $5,350.00/month ($64,200.00/year) should you decide to hold off on the building.***PLEASE NOTE: Please see attached updated Architectural Plans/Structural Plans. The attached Plans are to be used and viewed only for assessment of this MLS listing and can not be used or duplicated without the written authorization of the seller.****

Read More
  • Listing Type Single Family
  • Listing ID OC18087017
  • Bedrooms 5
  • Bathrooms 2
  • House Size 1,424 sqft
  • Lot Size 7,148.00 sqft
  • Listing Status Active
  • Year Built 1948
  • County Orange
  • Full Bath 2
  • Subdivision Other (Othr)
  • Units 1
  • Garage 2.0
  • County School District Newport Mesa Unified
  • TaxID 04922110
Listing courtesy of Kathy Younessi~RE/MAX TerraSol

Price History

Date Listed at or
9/13/2018 $2,219,000 $80,000
Read More Read Less

Sold Info

Date Sold for * Help Change
02/01/2018 $1,225,000 +61.2%
03/11/2002 $760,000 N/A
Read More Read Less

Houses for Sale Nearby