421 Harding Street

Newport Beach, CA 92661

PRICE REDUCED

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-$455,000 (-13.58%)

$2,895,000

List Price

4

bed Beds

4

shower Baths

2,400 sqft

straighten / sqft

1908

calendar_month Built

Property 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

List Price $2,895,000
Status Active
MLS IG24195916
HOA $0
Type Residential
Subtype Single Family Residence
Year Built 1908
Lot Size 2,178
Structure Size 2,400
DOM 44
Courtesy Of Elite REO Brokers
Listing Agent Mo Azadzoi DRE#01786757

Interior Features

Laundry Information
Location(s) Inside
Total Bedroom
Bedrooms 4
Total Bathroom
Bathrooms 4
Fireplace Information
Features Living Room
Additional Information
Additional Features Breakfast Area, Separate/Formal Dining Room
Cooling Type
Cooling Type None

Exterior Information

Maps

Listing information courtesy of: Mo Azadzoi, Elite REO Brokers . *Based on information from the Association of REALTORS/Multiple Listing as of Nov 4th, 2024 at 1:08 AM 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.