1511 Cliff Drive

  • Newport Beach

  • $2,219,000
  • 5
  • 2F
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ResidentialDetails

Description
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.****
Essential
MLS #OC18087017
Price$2,219,000
Beds5
Full Baths2
Square Feet≈ 1,424
Sub-TypeDuplex
StatusActive
Listing BrokerageRE/MAX TerraSol
Listing AgentKathy Younessi
Listing Agent BRE #01382184
Interior
CoolingElectric,Gas
FireplaceNone
Exterior
Garagetrue
Garage Spaces2
ViewNone
PoolNone
Community
AreaN6 - Newport Heights
TractOther (OTHR)
CommunitySuburban
Address1511 Cliff Drive
CityNewport Beach
CountyOrange
StateCA
ZipCode92663
School
DistrictNewport Mesa Unified

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Based on information from California Regional Multiple Listing Service, Inc. as of Thursday, September 13, 2018. 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.