A Rare Newport Beach Investment Opportunity!
The Newport Beach Pier, a true landmark, has been a destination for locals as well as those from afar for decades and for the first time in 85 years, this fabulous mixed-use, four-unit property is available in the heart of Newport Beach, steps from the iconic pier and Blackies Beach. Offering a unique blend of historic, coastal charm and modern potential, this property is perfect for investors seeking immediate rental income or have a long-term development plan. If you’re a family in search of a vacation property, you’ve found your seaside retreat. All four units are 1-bedroom, 1-bath, each approximately 535 sqft, with one unit featuring refreshing water views. Totaling 2,140 sqft of improvement space on a 3,250 sqft lot, the property offers ample flexibility. Zoned for mixed-use, the potential for future development or conversion is diverse, whether you're considering expanding, updating, or even creating a family compound near the beach. Four (or more) designated carport spaces plus additional storage, along with the property's proximity to world-class surfing, dining, and nightlife, make this a prime destination for both tenants and future residents. Don’t miss this rare chance to own a piece of Newport Beach history, with substantial growth potential and many possibilities for personal or investment use. Photos here are of unit 2.
Sold for $3,165,000
Listed by: Pacific Sotheby's Int'l Realty • Jon Flagg • Contact: 949-533-7878
Bought with: NONMEMBER MRML
$3,165,000
107 23rd St, Newport Beach, CA 92663
4beds
2,140sqft
Quadruplex
Built in 1958
-- sqft lot
$-- Zestimate®
$1,479/sqft
$6,501 Estimated rent
Home value
Not available
Estimated sales range
Not available
$6,501/mo
Zestimate® history
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$20,036/mo
Est. payment
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Est. payment
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Refreshing water views
Zillow last checked:
Listing updated:
Listed by:
Jon Flagg DRE #01316048 jon@flaggrealestate.com,
Pacific Sotheby's Int'l Realty,
Kyle Flagg DRE #02095991,
Pacific Sotheby's Int'l Realty
Bought with:
General NONMEMBER, DRE #01990020
NONMEMBER MRML
Source: CRMLS,MLS#: NP25239731
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
- Main level bathrooms: 4
- Main level bedrooms: 4
Rooms
- Room types: Bedroom, Great Room, Primary Bedroom
Primary bedroom
- Features: Main Level Primary
Bedroom
- Features: Bedroom on Main Level
Bathroom
- Features: Bathtub, Separate Shower, Tub Shower
Kitchen
- Features: Kitchen/Family Room Combo
Heating
- Wall Furnace
Cooling
- None
Appliances
- Included: Built-In Range, Dishwasher, Freezer, Gas Range, Refrigerator, Range Hood
- Laundry: Outside
Features
- Ceiling Fan(s), Open Floorplan, Bedroom on Main Level, Main Level Primary
- Flooring: Laminate
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total interior livable area: 2,140 sqft
Property
Parking
- Parking features: Carport
- Has carport: Yes
Features
- Levels: One
- Stories: 1
- Entry location: 1
- Patio & porch: None
- Pool features: None
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- Waterfront features: Beach Access, Ocean Access
Lot
- Size: 3,250 Square Feet
- Features: 0-1 Unit/Acre
Details
- Parcel number: 04714218
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1958
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Curbs, Street Lights
- Subdivision: Balboa Peninsula (Residential) (Balp)
Location
- Region: Newport Beach
Financial & listing details
- Price per square foot: $1,479/sqft
- Date on market: 10/15/2025
- Cumulative days on market: 14 days
- Listing terms: Cash,Cash to New Loan
Price history
| Date | Event | Price |
|---|---|---|
| 12/4/2025 | Sold | $3,165,000-6.8%$1,479/sqft |
Source:  CRMLS #NP25239731 Report a problem | ||
| 11/24/2025 | Pending sale | $3,395,000$1,586/sqft |
Source: CRMLS #NP25239731 Report a problem | ||
| 10/15/2025 | Listed for sale | $3,395,000$1,586/sqft |
Source: CRMLS #NP25239731 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 92663
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- 92663
- 107 23rd St
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