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Presenting 1501 & 1503 Cliff Dr – Two homes on one R2 lot in prime Newport Heights, offering strong value-add and rental upside. This never-before-sold property is a rare find with each residence consisting of 2-bed and 2-bath. Ideal for investors, developers, or owner-occupants seeking income potential. Add immediate value through cosmetic upgrades or explore redevelopment opportunities in one of Newport Beach’s most desirable neighborhoods. 1501 Cliff Dr features a spacious living room with high ceilings and fireplace, a flexible family/dining area, kitchen, full bath, and downstairs bedroom. Upstairs is a large primary suite with en-suite bath and walk-in closet. 1503 Cliff Dr offers a similar layout with a living room, kitchen, full bath, and bedroom downstairs, and a large upstairs suite with full bathroom. Located in a highly walkable area close to top schools, 17th Street dining and retail, the Back Bay, and beaches, this property is loaded with potential for short- or long-term upside.
Property Type(s):
Residential Income
| Last Updated | 4/30/2025 | Tract | Cliffhaven (CLIF) |
|---|---|---|---|
| Year Built | 1960 | Community | Newport Heights |
| Garage Spaces | 3.0 | County | Orange |
Additional Details
| AIR | None |
|---|---|
| APPLIANCES | Dishwasher, Electric Oven, Electric Range, Refrigerator |
| AREA | Newport Heights |
| FIREPLACE | Yes |
| GARAGE | Door-Multi, Door-Single, Garage, Garage Faces Rear, Yes |
| HEAT | Central |
| HOA DUES | 0 |
| INTERIOR | Bedroom on Main Level, Walk-In Closet(s) |
| LOT | 7150 sq ft |
| LOT DESCRIPTION | Garden |
| PARKING | Door-Multi,Door-Single,Garage,Garage Faces Rear |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| SUBDIVISION | Cliffhaven (CLIF) |
| VIEW DESCRIPTION | None |
| WATER | Public |
Location
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Listed with Times Real Estate CA
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