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    465 Santa Ana Ave Newport Beach, CA 92663

    For Sale
    $3,195,000

    Rare 3-unit multifamily property in desirable Newport Heights location.

    Lot size:
    0.13 Acres

    Property Features for 465 Santa Ana Ave

    General Information

    Lot size
    0.13 Acres

    Building Details

    Year built
    1924

    Source: Pacific Sotheby's Int'l Realty Agent Timothy Carr

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Newport Heights Multifamily Opportunity

    Located on a corner lot in Newport Heights, 465 Santa Ana Avenue is a 3-unit multifamily property. Zoned R-1, the property offers versatility and potential. The front bungalow includes 2 bedrooms, 1 bathroom, a fireplace, and a private backyard. The detached rear building contains two units: a 3-bedroom, 2-bathroom upper residence and a studio in the lower unit. Additional amenities include two single-car garages and a shared laundry room. The property is suitable for investors seeking a Newport Beach income property or a homeowner planning future development. The location is near beaches, schools, and the shops and restaurants of 17th Street.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Law Firm Restaurant Realty agency Dental Office Spa & Massage Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Newport Beach
    County
    Orange
    State
    California
    Longitude
    -117.9225729
    Latitude
    33.6260902

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    FAQs

    What type of property is this?
    Triplex - Rare 3-unit multifamily property in desirable Newport Heights location.
    Where is this triplex located?
    The property is located at 465 Santa Ana Ave Newport Beach, CA.
    What is the asking price?
    The asking price for this property is $3,195,000.
    What are key features of this property?
    This property features: - Prime corner lot location in desirable Newport Heights; - Rare 3-unit multifamily property with income potential; - Zoned R-1, offering versatility for investors or future development
    (949) 631-9999
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    465 Santa Ana Ave Newport Beach, CA 92663
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    Newport Beach, CA 92663
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    465 Santa Ana Ave Newport Beach, CA 92663
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