Seller's Agent in 2025
Peter Hauser
NorthMarq Realty Services, Inc
(949) 302-1400
1 in this area
6 Total Sales
1601 E 15th St Newport Beach, CA 92663
Cliff Haven Neighborhood
2
Beds
1
Bath
15,080
Sq Ft
28,270
Sq Ft Lot
Highlights
- Golf Course Community
- Fishing
- Laundry Room
- Newport Heights Elementary Rated A
- 0.65 Acre Lot
- 20 Car Garage
About This Home
As of September 2025Newport Harbor consists of four apartment buildings, each constructed in 1975 situated on two separate legal lots consisting of ten units each. Each building is one and two-story construction with interior central courtyard and individual walk-up design. The roof structures are a mix of pitched composition shingle and metal, and were recently replaced in May 2025. The property is gated and features one laundry room on each lot. Twelve units have been fully renovated while the remaining eight can be renovated to increase cash flow. The property is individually metered for electric and features a master water heater for each individual building (4). Each unit features central air conditioning and heat. Twelve units feature large ground floor patios while four units feature balconies.
Last Agent to Sell the Property
NorthMarq Realty Services, Inc Brokerage Phone: 949-302-1400 License #00856966 Listed on: 05/06/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1975
Lot Details
- 28,270 Sq Ft Lot
- Two or More Common Walls
- Density is 16-20 Units/Acre
- 42524311
Parking
- 20 Car Garage
- Parking Available
Home Design
- Apartment
- Entry on the 1st floor
Interior Spaces
- 15,080 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Bathroom
Listing and Financial Details
- Tax Lot 4
- Tax Tract Number 1718
- Assessor Parcel Number 42524310
- $2,638 per year additional tax assessments
Community Details
Overview
- 4 Buildings
- 20 Units
Amenities
- Laundry Facilities
Recreation
- Golf Course Community
- Fishing
- Park
- Water Sports
- Bike Trail
Building Details
- 20 Separate Electric Meters
- 20 Separate Gas Meters
- 4 Separate Water Meters
- Electric Expense $30,000
- Fuel Expense $3,260
- Insurance Expense $16,250
- Professional Management Expense $22,145
- Trash Expense $3,000
- Water Sewer Expense $3,276
- Operating Expense $275,910
- Gross Income $770,102
- Net Operating Income $508,755
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/05/2026 02/05/26 | Off Market | -- | -- | -- |
| 12/23/2025 12/23/25 | Price Changed | $3,199 | -5.9% | $4 / Sq Ft |
| 10/30/2025 10/30/25 | Price Changed | $3,400 | +41.7% | $4 / Sq Ft |
| 10/29/2025 10/29/25 | For Rent | $2,400 | 0.0% | -- |
| 09/16/2025 09/16/25 | Sold | $13,045,000 | -6.8% | $865 / Sq Ft |
| 07/29/2025 07/29/25 | Price Changed | $14,000,000 | -6.7% | $928 / Sq Ft |
| 05/06/2025 05/06/25 | For Sale | $15,000,000 | -- | $995 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $55,249 | $5,100,000 | $4,698,864 | $401,136 |
| 2024 | $55,249 | $5,000,000 | $4,606,729 | $393,271 |
| 2023 | $30,461 | $2,662,826 | $2,269,555 | $393,271 |
| 2022 | $21,349 | $1,795,071 | $1,333,119 | $461,952 |
| 2021 | $20,956 | $1,759,874 | $1,306,979 | $452,895 |
| 2020 | $20,750 | $1,741,829 | $1,293,577 | $448,252 |
| 2019 | $20,364 | $1,707,676 | $1,268,213 | $439,463 |
| 2018 | $15,332 | $1,232,260 | $886,129 | $346,131 |
| 2017 | $15,072 | $1,208,099 | $868,754 | $339,345 |
| 2016 | $14,756 | $1,184,411 | $851,719 | $332,692 |
| 2015 | $14,604 | $1,166,621 | $838,926 | $327,695 |
| 2014 | $14,268 | $1,143,769 | $822,493 | $321,276 |
Source: Public Records
Agents Affiliated with this Home
-
Peter Hauser
-
NoEmail NoEmail
N
Buyer's Agent in 2025
NoEmail NoEmail
NONMEMBER MRML
(646) 541-2551
6,374 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC25100801
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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. 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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