Court AV Lot 2
Newport Beach, CA, 92663
$5,500,000
Beds
0 Baths
0 SqFt
0.09 Acres
Add
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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, and freestanding tubs.

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.

Property Details

Price:
$5,500,000
MLS #:
OC25246738
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Quadruplex
Subdivision:
Balboa Peninsula Residential BALP
Neighborhood:
np
Listed Date:
Nov 4, 2025
Total Sq Ft:
2,754
Lot Size:
3,753 sqft / 0.09 acres (approx)
Year Built:
1925
NpNpBalboa Peninsula Residential Balp

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Schools

Interior

Appliances
DW, FZ, RF, GR
Flooring
TILE, LAM
Laundry Features
IN, ICL

Exterior

Community Features
SDW, SL, CRB
Exterior Features
AW

Financial

Map

Community

Subdivisions in Newport Beach

Market Summary

Current real estate data for Single Family in Newport Beach as of Nov 08, 2025
238
Single Family Listed
52
Avg DOM
959
Avg $ / SqFt
$3,030,027
Avg List Price

Property Summary

    Located in the Balboa Peninsula (Residential) (BALP) subdivision, Court AV Lot 2 Newport Beach CA is a Single Family for sale in Newport Beach, CA, 92663. It is listed for $5,500,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1925. The average price per square foot for Single Family listings in Newport Beach is $959. The average listing price for Single Family in Newport Beach is $3,030,027.

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