107 23rd, Newport Beach, CA 92663

$3,165,000
4
BD
4
BA
2,140
SqFt

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Sold Price
$3,165,000
List Price
$3,395,000
Closing Date
Dec 04, 2025
Status
CLOSED
MLS#
NP25239731
Year Built
1958
Bedrooms
4
Bathrooms
4
Living Sq. Ft
2,140
Lot Size
3,250
Acres
0.07
Lot Location
0-1 Unit/Acre
Days on Market
13
Property Type
Multifamily
Property Sub Type
Quadruplex
Stories
One Level
Neighborhood
Balboa Peninsula (Residential) (Balp)

Property Description

A Rare Newport Beach Investment Opportunity! The Newport Beach Pier, a true landmark, has been a destination for locals as well as those from afar for decades and for the first time in 85 years, this fabulous mixed-use, four-unit property is available in the heart of Newport Beach, steps from the iconic pier and Blackies Beach. Offering a unique blend of historic, coastal charm and modern potential, this property is perfect for investors seeking immediate rental income or have a long-term development plan. If you’re a family in search of a vacation property, you’ve found your seaside retreat. All four units are 1-bedroom, 1-bath, each approximately 535 sqft, with one unit featuring refreshing water views. Totaling 2,140 sqft of improvement space on a 3,250 sqft lot, the property offers ample flexibility. Zoned for mixed-use, the potential for future development or conversion is diverse, whether you're considering expanding, updating, or even creating a family compound near the beach. Four (or more) designated carport spaces plus additional storage, along with the property's proximity to world-class surfing, dining, and nightlife, make this a prime destination for both tenants and future residents. Don’t miss this rare chance to own a piece of Newport Beach history, with substantial growth potential and many possibilities for personal or investment use. Photos here are of unit 2.

Additional Information

Appliances
Built-In Range, Dishwasher, Freezer, Gas Range, Refrigerator, Range Hood
Pool Description
None
Heat
Wall Furnace
Cooling Description
None
View
Water
Sewer
Public Sewer
Water
Public
School District
Newport Mesa Unified
Interior Features
Ceiling Fan(s), Open Floorplan, Bedroom on Main Level, Main Level Primary
Attached Structure
Attached
Number Of Units Total
4

Listing courtesy of Listing Agent: Jon Flagg (jon@flaggrealestate.com) from Listing Office: Pacific Sotheby's Int'l Realty.

Listing sold by General NONMEMBER from NONMEMBER MRML

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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.