2006 Court Avenue, Newport Beach, CA 92663
Local realty services provided by:CENTURY 21 LOTUS
2006 Court Avenue,Newport Beach, CA 92663
$5,000,000
- - Beds
- - Baths
- 2,754 sq. ft.
- Multi-family
- Active
Listed by: jason c bradshaw, baylee leavitt
Office: coldwell banker realty
MLS#:OC26030189
Source:CRMLS
Price summary
- Price:$5,000,000
- Price per sq. ft.:$1,815.54
About this home
First time on the market in over 30 years, 2004 and 2006 Court Avenue present an exceptionally rare investment opportunity in one of Newport Beach's most sought-after coastal enclaves. Spanning TWO contiguous parcels with approximately 50 feet of frontage combined, this 100-year-old concrete-built quadruplex sits just steps from the pier, beaches, and the dining and shops of the Balboa Peninsula, an area known for some of the city's strongest appreciation, vibrant redevelopment activity, and truly unforgettable sunsets. The property is currently configured as TWO 1-bed/1-bath units, ONE 2-bed/1-bath unit, and ONE 2-bed/2-bath unit that has been thoughtfully divided into a 1-bed/1-bath plus an "owner's studio" with a full bath, covered patio, and private entrance. EACH unit offers its OWN LAUNDRY and PARKING, showcasing charming details that include real hardwood floors, terracotta tile, ceramic tile bathrooms, and freestanding tubs. With EIGHT on-site parking spaces, TWO storage sheds, and individual washer/dryer hookups for EVERY unit, this property provides a rare combination of character, functionality, and flexibility. Whether held as a stable income property or reimagined for the future, the mixed-use zoning potential (subject to city approval) allows for creative possibilities such as residential over retail. Just one street from the sand, and away from the major boulevard, 2004-2006 Court Ave is a true land-banking opportunity in the heart of Newport Beach, offering income today and limitless potential for the next century to come.
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Home facts
- Year built:1925
- Listing ID #:OC26030189
- Added:16 day(s) ago
- Updated:February 21, 2026 at 11:32 AM
Rooms and interior
- Flooring:Laminate, Tile
- Kitchen Description:Dishwasher, Freezer, Gas Range, Refrigerator
- Living area:2,754 sq. ft.
Structure and exterior
- Year built:1925
- Building area:2,754 sq. ft.
- Lot area:0.09 Acres
- Exterior Features:Awnings
- Levels:2 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$5,000,000
- Price per sq. ft.:$1,815.54
Features and amenities
- Appliances:Dishwasher, Freezer
- Laundry features:Inside
- Amenities:Ceiling Fans, Open Floor Plan, Skylights
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