Newport Beach Multifamily Investment
For Sale
$3,595,000
1805 Clay Street, Newport Beach, CA 92663
Turnkey 3-unit multifamily property in Newport Heights neighborhood.
Property Size2,445 SF
Days on Market489
Property Features for 1805 Clay Street
General Information
Standard status
Active
Size
2,445 SF
Property subtype
Triplex
Building Details
Building Size
2,445 SF
Year Built
1955
Listing Agency:
Pacific Sotheby's Int'l Realty
(949) 631-9999
Listed By:
Timothy Carr · License #01017277
Source:
Stephanieyounggroup
Added: Apr 29, 2025
Changed: Aug 28
Last Checked: Aug 29 at 3:45PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Pacific Sotheby's Int'l Realty
Investment Insights
Based on property information with market context.
Located in the Newport Heights neighborhood of Newport Beach, 1805 Clay Street is a 3-unit multifamily property. The property features three recently renovated units, each with 2 bedrooms and 1 bathroom. All three units are currently leased at market rent. The units feature bright, modern living spaces with white shaker cabinets, quartz countertops, vinyl flooring, and stainless steel appliances. Bathrooms have been remodeled. Each unit includes central AC, in-unit laundry, dual pane windows, tankless water heaters, recessed lighting, and Ring doorbells. Each unit also has a private single-car garage space with epoxy coating. The property is separately metered for gas and electricity. The property is located in a desirable rental market in Orange County, offering proximity to parks, top-rated schools, beaches, and the amenities of 17th Street.
Key Highlights
- Turnkey 3‑unit multifamily property in the prestigious Newport Heights neighborhood of Newport Beach.
- All 3 units are recently renovated with modern finishes: white shaker cabinets, quartz countertops, vinyl flooring, stainless steel appliances, and spa‑like bathrooms.
- Each unit includes central AC, in‑unit laundry, private single car epoxy coated garage space, and large private patios.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3,196
Businesses Nearby
Explore this area
Business Placement
Demographics for 92663, CA
20,812
Population
12,348
Households
1.7
Avg Household Size
42
Median Age
64%
College-Educated
97%
High-School Grad
3.3 sq mi
ZIP Area
6,307
Density / Sq Mi
$138,271
Median Household Income
$77,157
Median Earnings
$2,717
Median Rent
$2,000,001
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Turnkey 3-unit multifamily property in Newport Heights neighborhood.
Where is this triplex located?
The property is located at 1805 Clay Street Newport Beach, CA.
What is the asking price?
The asking price for this property is $3,595,000.
What are key features of this property?
This property features: Turnkey 3‑unit multifamily property in the prestigious Newport Heights neighborhood of Newport Beach.; All 3 units are recently renovated with modern finishes: white shaker cabinets, quartz countertops, vinyl flooring, stainless steel appliances, and spa‑like bathrooms.; Each unit includes central AC, in‑unit laundry, private single car epoxy coated garage space, and large private patios.
