887 W 15th St | Newport Beach, CA 92663
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- LoopNet Team
887 W 15th St
Newport Beach, CA 92663
Multifamily Property For Sale
·
16 Units
INVESTMENT HIGHLIGHTS
- First Time on the Market in More Than 20 Years | The Only Active Listing in Newport Beach of 5 or More Units
- Substantial Rental Upside
- An On-Site Laundry Facility | Covered & Surface Parking
- Five Renovated Units & Three Partially Renovated Units
- Highly Desirable Two-Bed/Two-Bath Units, Each with a Private Patio or Balcony
- Moments Away from Hoag Hospital & the Balboa Peninsula
PROPERTY FACTS
| No. Units | 16 | Lot Size | 0.50 AC |
| Property Type | Multifamily | Building Size | 15,622 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1989 |
| Building Class | C | Parking Ratio | 1.54/1,000 SF |
| Zoning | R3, Newport Beach | ||
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.50 AC |
| Building Size | 15,622 SF |
| No. Stories | 2 |
| Year Built | 1989 |
| Parking Ratio | 1.54/1,000 SF |
| Zoning | R3, Newport Beach |
AMENITIES
UNIT AMENITIES
- Balcony
- Heating
- Oven
- Range
- Patio
SITE AMENITIES
- Laundry Facilities
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2 | 16 | - | 976 |
PROPERTY TAXES
| Parcel Number | 424-011-36 | Improvements Assessment | $1,485,965 |
| Land Assessment | $2,173,318 | Total Assessment | $3,659,283 |
PROPERTY TAXES
Parcel Number
424-011-36
Land Assessment
$2,173,318
Improvements Assessment
$1,485,965
Total Assessment
$3,659,283
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