714-914-4996

421 Harding Street,
Newport Beach, CA 92661

$2,895,000

Calling all investors, developers, contractors, and flippers—this is the rare chance you’ve been waiting for! Nestled in a prime location, this property offers an unmatched opportunity to unlock its full potential with a high return on investment. Whether you’re looking for your next project to flip or searching for a long-term investment with significant appreciation potential, this fixer-upper is a hidden gem, priced well below market value for a quick sale. The property comes with architectural plans already available for a comprehensive remodel, saving you time and effort in the planning stages. Once completed, the estimated after-remodel value is an impressive $5,800,000, providing ample opportunity to capitalize on this venture. Whether you plan to resell or hold the property as a lucrative rental, this project promises a remarkable return on your investment. The existing structure is primed for a transformation, offering a blank canvas for a new vision. Imagine designing a luxurious and modern home that meets the demands of today’s discerning buyers. The spacious layout, generous lot size, and desirable location make this property ripe for a significant upgrade. Roof deck included in the initial plans. Verbal approval on the plans from the city.

Basic Information

MLS #:
IG24195916

Price:
$2,895,000

Price
(per sq ft):
$1,206.00

Address:
421 Harding Street ,
Newport Beach, CA 92661

MLS Area:
NP - Balboa Peninsula

Subdivision:
Balboa Peninsula (Residential) (BALP)

Property
Type:
Single Family Residence

Days on Market:
61

Status:
Active

Bedrooms:
4

Bathrooms:
4

Full Baths:
3

Size (sq ft):
2,400 sq ft

Lot Size:
2,178 sq ft

Year Built:
1908

Sale Type:
Standard

Rooms in Home

Rooms:
Kitchen

Eating Area:
Breakfast Nook, Dining Room

Laundry:
Inside

Entry Location:
front door

Interior Features

Fireplace:
Living Room

Cooling:
None

Heating:

Floor:

Appliances:

Interior Features:

Security:

Accessibility:

Garage and Parking

Garage:
Attached

Garage:
0 Spaces

Carport:
0 Spaces

Parking:

Home Owners Association

HOA Dues 1:
$0.00 /

HOA Dues 2:
$

HOA Amenities: 

Utilities

Water:
Public

Utilities:

School Information

District:
Newport Mesa Unified

Elementary:

Middle:

High:

Exterior Features

Pool:
None

Spa:

Patio:

View:
Bay, Ocean

Construction:

Foundation:

Roof:

Windows:

Common Walls:
No Common Walls

Levels:
Two

Lot Features:
0-1 Unit/Acre

Additional Information

County:
Orange

Senior Community:
No

Community Features:
Sidewalks

Other Structures:

Structure Condition:

Direction Faces:

Listed by:
Elite REO Brokers , Mo Azadzoi , 01786757

Co-Listed:

Last
Updated:
11/21/2024 3:14 AM

421 Harding Street,
Newport Beach, CA 92661