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Shawn Bengtson

Office Broker - DRE 01236964

  • Office 760-805-7199
Questions?

1601 15th Street, Newport Beach – $14,000,000

  • 2 Beds
  • 1 Bath
  • .65 Acres
  • 96 DOM
  • 2 Beds
  • 1 Bath
  • .65 Acres
  • 96 DOM

1601 15th Street

Newport Harbor consists of four apartment buildings, each constructed in 1975 situated on two separate legal lots consisting of ten units each. Each building is one and two-story construction with interior central courtyard and individual walk-up design. The roof structures are a mix of pitched composition shingle and metal, and were recently replaced in May 2025. The property is gated and features one laundry room on each lot. Twelve units have been fully renovated while the remaining eight can be renovated to increase cash flow. The property is individually metered for electric and features a master water heater for each individual building (4). Each unit features central air conditioning and heat. Twelve units feature large ground floor patios while four units feature balconies.

Essential Information

  • MLS® #OC25100801
  • Price$14,000,000
  • Bedrooms2
  • Bathrooms1.00
  • Acres0.65
  • Year Built1975
  • TypeResidential Income
  • Sub-TypeApartment
  • StatusActive

Community Information

  • Address1601 15th Street
  • Area699 - Not Defined
  • CityNewport Beach
  • CountyOrange
  • Zip Code92663

Amenities

  • Parking Spaces20
  • ParkingGarage
  • # of Garages20
  • GaragesGarage
  • PoolNone

Interior

  • # of Stories2
  • StoriesTwo

Exterior

  • Lot DescriptionSixteenToTwentyUnitsAcre

Additional Information

  • Date ListedMay 6th, 2025
  • Days on Market96
  • ZoningR-3

Listing Details

  • AgentPeter Hauser
  • OfficeNorthMarq Realty Services, Inc
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Price Change History for 1601 15th Street, Newport Beach, (MLS® #OC25100801)

Date Details Change
Price Reduced from $15,000,000 to $14,000,000 $1,000,000 (6.67%)

Peter Hauser, NorthMarq Realty Services, Inc.

Based on information from California Regional Multiple Listing Service, Inc. as of August 10th, 2025 at 12:55am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.