Perfectly positioned on a coveted corner lot in one of Newport Heights most desirable locations, 465 Santa Ana Avenue presents a rare 3-unit multifamily opportunity. Zoned R-1, this property offers exceptional versatility and endless potential. The charming front bungalow features 2 bedrooms, 1 bathroom, a cozy fireplace, and a… Read More spacious private backyard, exuding classic Newport charm. The detached rear building includes two additional units—a 3-bedroom, 2-bathroom upper residence and studio in the lower unit. Additional amenities include two single-car garages and a shared laundry room for tenant convenience. Whether you’re an investor seeking a premium Newport Beach income property or a homeowner envisioning your dream build, 465 Santa Ana delivers the best of both worlds. Enjoy strong rental income while you plan future development. Located just moments from world-class beaches, top-rated schools, and the shops and restaurants of 17th Street, this is an opportunity not to be missed. Read Less
Property listed by Pacific Sotheby's Int'l Realty, Christopher Maddy 949-294-5408
Listing Snapshot
Days Online
20
Last Updated
Property Type
Triplex
Lot Size
0.13 Acres
Year Built
1924
MLS Number
NP25237417
30 Days Snapshot Of 92663
$4.27M
+39%
(avg) sold price
16
+6%
homes sold
112
+23%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Dishwasher, GasCooktop, Microwave
Building
Built in 1924, Building area total: 2,000, Levels: Two, 2 stories, 2 buildings, Common walls: NoCommonWalls
Community
Biking, Curbs, Park
Cooling
None
Expenses
Electric expense: $2,400, Fuel expense: $1,000, Gardener expense: $1,800, Insurance expense: $3,000, Maintenance expense: $3,000, New taxes expense: $33,548, Operating expense: $47,248, Water sewer expense: $2,500
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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