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Listed by 949-812-0484 - Mo Azadzoi - DRE #01786757 - Elite REO Brokers 949-812-0484

$2,895,000

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421 Harding Street Newport Beach, CA 92661

Single Family Residence

4 Beds

4 Baths

2,400 Sq. Ft.

0.05 Acre Lot

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Last updated on 11/14/2024 7:58 PM

Listing Details

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. Continue reading

MLS#

IG24195916

Property Type

Single Family

Status

Bedrooms

Bathrooms

3 Full/1 Half

Year Built

1908

Square Feet

2,400 sq. ft