2006 Court Street, Newport Beach, CA 92663 (MLS # OC25246738)

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PRICE $5,500,000 dsIDX morgage calculator
BEDS 0
BATHS 0
HOME SIZE 2,754 sqft
LOT SIZE 3,755 sqft

First time on the market in 30 years, 2006 Court Street offers an exceptionally rare investment opportunity in one of Newport Beach's most sought-after coastal neighborhoods. Set on two contiguous parcels spanning approximately 50 feet in width, this 100-year-old quadruplex sits just steps from the pier, beaches, and the shopping and dining of the Balboa Peninsula, a location that continues to see some of the highest appreciation and redevelopment activity, along with the most gorgeous sunsets you'll find in the city. Currently configured as two 1-bed/1-bath units, one 2-bed/1-bath unit, and one converted 1-bed/1-bath studio, the property provides a range of income opportunities with significant long-term upside. Its mixed-use potential allows for future transformation into residential units above and retail below (subject to city approval), making it ideal for investors seeking both flexibility and future growth. With eight on-site parking spaces, two storage sheds, and an irreplaceable position in the heart of Newport Beach, this property represents an exceptional land-banking opportunity with income potential and unlimited possibilities for the next century.

DAYS ON MARKET 1 LAST UPDATED 11/4/2025
TRACT Balboa Peninsula (Residential) (BALP) YEAR BUILT 1925
COMMUNITY NP - Balboa Peninsula COUNTY Orange
STATUS Active PROPERTY TYPE(S) Residential Income


ADDITIONAL DETAILS
APPLIANCES Dishwasher, Freezer, Gas Range, Refrigerator
AREA NP - Balboa Peninsula
EXTERIOR Awning(s)
INTERIOR Built-in Features, Ceiling Fan(s), Open Floorplan
LOT 3755 sq ft
POOL DESCRIPTION None
SEWER Public Sewer
STORIES 2
SUBDIVISION Balboa Peninsula (Residential) (BALP)
VIEW Yes
VIEW DESCRIPTION Neighborhood
WATER Public
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Listed with Coldwell Banker Realty

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of 11/4/25 11:25 PM PST 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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