tomo logo

$2,895,000

Beds
4
Baths
3.5
sq ft
2,400

421 Harding St, Newport Beach, CA 92661

421 Harding St

Newport Beach, CA 92661

  • 60 days on market
    • Price drop $255,000↓
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.

Details

Property type

Single Family Residence

Lot size

2,178 sq ft

Price per sq ft

$1,207

Year built

1908

HOA

No

Price History

10/25/2024
CRMLS

CRMLS #IG24195916

Price change
$2,895,000
-8.1%
09/23/2024
CRMLS

CRMLS #IG24195916

Price change
$3,150,000
-5.97%
09/20/2024
CRMLS

CRMLS #IG24195916

Listed
$3,350,000
+15.52%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Sidewalks

High school district: 

Newport Mesa Unified

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Status: Active

Tomo last checked: 11/18/2024 at 11:20 PM

Listing updated: 11/03/2024 at 5:10 PM

Listed by: Mo Azadzoi, Elite REO Brokers Phone #: (949) 812-0484

MLS: CRMLS #IG24195916

CRMLS logo

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