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$3,150,000

Est. payment - /mo

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4 BD

4 BA

2,400 SqFt

Price Dropped by $200K

421 Harding Street Newport Beach, CA 92661

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Richard Combs

[email protected] +1(619) 838-9307

UPDATED:

09/23/2024 10:32 PM

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 2,400 sqft

Price per Sqft $1,312

MLS Listing ID IG24195916

Style Detached

Bedrooms 4

Full Baths 3

Half Baths 1

HOA Y/N No

Year Built 1908

Lot Size 2,178 Sqft

Acres 0.05

Property Description

Calling all investors, developers, contractors, and flippersthis is the rare chance youve 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 youre 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 todays 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.
Calling all investors, developers, contractors, and flippersthis is the rare chance youve 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 youre 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 todays 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.

Location

State CA

County Orange

Area Oc - Newport Beach (92661)

Interior

Fireplaces Type FP in Living Room

Laundry Inside

Exterior

View Bay, Ocean

Building

Lot Description Sidewalks

Story 2

Lot Size Range 1-3999 SF

Sewer Public Sewer

Water Public

Level or Stories 2 Story

Others

Monthly Total Fees $32

Acceptable Financing Cash, Conventional, Exchange, FHA, Land Contract, VA, Cash To Existing Loan, Cash To New Loan

Listing Terms Cash, Conventional, Exchange, FHA, Land Contract, VA, Cash To Existing Loan, Cash To New Loan

Special Listing Condition Standard

Listed by Mo Azadzoi • Elite REO Brokers

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Richard Combs

Broker | License ID: 01526804

+1(619) 838-9307

Richard Combs

421 Harding Street Newport Beach, CA 92661

Richard Combs

Key Details

Location

Interior

Exterior

Building

Others

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421 Harding Street