421 Harding Street Newport Beach, CA 92661

4 Beds
3 full, 1 half Baths
2,400 Sqft
2,178 Sqft lot
0.05 Acre lot
Status: Active
Property Type: Single Family Residence
Year Built: 1908
Neighborhood: Balboa Peninsula (residential) (balp)
Days on Website: 66

Property listed by Elite REO Brokers, Mo Azadzoi 949-812-0484

Description

Calling all investors, developers, contractors, and flippers—this is the rare chance you’ve 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 you’re 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 today’s 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.

Open House

Property Details and Features

  • 1 half bathroom
  • 3 main level bathrooms
  • 3 full bathrooms
  • 4 total bathrooms
  • 4 main level bedrooms
  • 4 total bedrooms
  • Built in 1908
  • Levels: Two
  • Living area: 2400
  • 2 stories
  • Common walls: NoCommonWalls
  • Sidewalks
  • None
  • LivingRoom
  • BreakfastArea
  • SeparateFormalDiningRoom
  • Inside
  • ListingID: IG24195916
  • Standard status: Active
  • 44 days on market
  • Subdivision name: Balboa Peninsula (Residential) (BALP)
  • 0.05 acres
  • 2,178 square feet
  • Size: 2,178
  • ZeroToOneUnitAcre
  • None
  • Bay
  • Ocean
  • PublicSewer