421 Harding Street
Newport Beach, CA 92661
$455,000.00 (-13.58%)
Active for $2,895,000
Beds: 4 Baths: 4 Structure Size: 2,400 sqft Lot Size: 2,178 sqft
MLS | IG24195916 |
Year Built | 1908 |
Property Type | Single Family Residence |
County | Orange |
Status | Active |
Active | $2,895,000 |
Structure Size | 2,400 sqft |
Lot Size | 2,178 sqft |
Beds | 4 |
Baths | 4 |
Description
Calling all investors, developers, contractors, and flippers—this is the rare chance you’ve been waiting for! Nestled in a prime location, this property offers an unmatched opportunity to unlock its full potential with a high return on investment. Whether you’re looking for your next project to flip or searching for a long-term investment with significant appreciation potential, this fixer-upper is a hidden gem, priced well below market value for a quick sale. The property comes with architectural plans already available for a comprehensive remodel, saving you time and effort in the planning stages. Once completed, the estimated after-remodel value is an impressive $5,800,000, providing ample opportunity to capitalize on this venture. Whether you plan to resell or hold the property as a lucrative rental, this project promises a remarkable return on your investment. The existing structure is primed for a transformation, offering a blank canvas for a new vision. Imagine designing a luxurious and modern home that meets the demands of today’s discerning buyers. The spacious layout, generous lot size, and desirable location make this property ripe for a significant upgrade. Roof deck included in the initial plans. Verbal approval on the plans from the city.
Listing information courtesy of: Mo Azadzoi, Elite REO Brokers . *Based on information from the Association of REALTORS/Multiple Listing as of 11/14/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.