421 Harding ST Active Save Request In-Person Tour Request Virtual Tour
Newport Beach,CA 92661
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 2,400 sqft
Price per Sqft $1,206
Subdivision Balboa Peninsula (Residential) (Balp)
MLS Listing ID IG24195916
Bedrooms 4
Full Baths 3
Half Baths 1
Year Built 1908
Lot Size 2,178 Sqft
Property 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.
Location
State CA
County Orange
Area Np - Balboa Peninsula
Interior
Cooling None
Fireplaces Type Living Room
Laundry Inside
Exterior
Pool None
Community Features Sidewalks
View Y/N Yes
View Bay,Ocean
Building
Lot Description 0-1 Unit/Acre
Dwelling Type House
Story 2
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Newport Mesa Unified
Others
Acceptable Financing Cash,Cash to Existing Loan,Cash to New Loan,Conventional,Contract,Cal Vet Loan,1031 Exchange,FHA,Fannie Mae,USDA Loan,VA Loan
Listing Terms Cash,Cash to Existing Loan,Cash to New Loan,Conventional,Contract,Cal Vet Loan,1031 Exchange,FHA,Fannie Mae,USDA Loan,VA Loan
Special Listing Condition Standard