2006 Court Avenue Newport Beach, CA 92663
Listing Courtesy of: CRMLS / Coldwell Banker Realty / Jason Bradshaw / Darren Smith - Contact:  949-433-3001

  2006 Court Avenue Newport Beach, CA 92663

Active (3 Days)
$5,500,000 (USD)

Description

First time on the market in over 30 years, 2004 and 2006 Court Avenue present an exceptionally rare investment opportunity in one of Newport Beach’s most sought-after coastal enclaves. Spanning TWO contiguous parcels with approximately 50 feet of frontage combined, this 100-year-old concrete-built quadruplex sits just steps from the pier, beaches, and the dining and shops of the Balboa Peninsula, an area known for some of the city’s strongest appreciation, vibrant redevelopment activity, and truly unforgettable sunsets.



The property is currently configured as TWO 1-bed/1-bath units, ONE 2-bed/1-bath unit, and ONE 2-bed/2-bath unit that has been thoughtfully divided into a 1-bed/1-bath plus an “owner’s studio” with a full bath, covered patio, and private entrance. Each unit offers its own laundry and parking, showcasing charming details that include real hardwood floors, Mexican terracotta tile, ceramic tile bathrooms, freestanding tubs, and granite countertops.



With EIGHT on-site parking spaces, TWO storage sheds, and individual washer/dryer hookups for EVERY unit, this property provides a rare combination of character, functionality, and flexibility. Whether held as a stable income property or reimagined for the future, the mixed-use zoning potential (subject to city approval) allows for creative possibilities such as residential over retail.



Just one street from the sand, and away from the major boulevard, 2004–2006 Court Ave is a true land-banking opportunity in the heart of Newport Beach, offering income today and limitless potential for the next century to come.

MLS #:
OC25246738
Lot Size
3,753 SQFT
Type
Multifamily
Year Built
1925
Views
Neighborhood
County
Orange County
Community
Balboa Peninsula (Residential) (Balp)

Listed By

Jason Bradshaw, DRE #01304396 CA, Coldwell Banker Realty, Contact: 949-433-3001
Darren Smith, DRE #01233459 CA, Coldwell Banker Realty
Source
CRMLS
Last checked Nov 7 2025 at 8:10 PM GMT+0000
Bathroom Details
Interior Features
  • Laundry: Inside
  • Open Floorplan
  • Ceiling Fan(s)
  • Dishwasher
  • Refrigerator
  • Freezer
  • Gas Range
  • Laundry: Laundry Closet
  • Windows: Skylight(s)
Subdivision
  • Balboa Peninsula (Residential) (Balp)
Flooring
  • Tile
  • Laminate
Utility Information
  • Utilities: Water Source: Public
  • Sewer: Public Sewer
Stories
  • 2
Additional Information: Newport Beach | 949-433-3001
Location
   
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Disclaimer: Based on information from California Regional Multiple Listing Service, Inc. as of 2/22/23 10:28 and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable.