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Duplex with Rooftop Decks

506 Clubhouse Avenue, Newport Beach, CA 92663

For Sale
$7,625,000

Two residences offer separate access, private laundry, and a tandem garage for each unit.

Property Size4,760 SF
Price / SF$1,601
Days on Market50

Property Features for 506 Clubhouse Avenue

General Information

Standard status Active
Size 4,760 SF
Total Parking Spaces 4
Property subtype Duplex

Units

Unit Mix 2 x 5BR/6BA
Multifamily Units 2
Parking per Unit 2

Amenities

private balconies
rooftop decks
central air and heating
private laundry
fireplaces
sliding glass doors
en-suite bedrooms

Building Details

Building Size 4,760 SF
Year Built 2023
Buildings 1
Stories 3
Construction Modern Coastal
Tenancy Multi
Listing Agency: Engel & Volkers Dana Point
Listed By: Tyler Bowman · License #02133051
Source: Altamirarealty
Added: Sep 21 Changed: Nov 5 Last Checked: Nov 8 at 3:32PM

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 Engel & Volkers Dana Point

Rey
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Investment Insights

Based on property information with market context.

Completed in 2023, this Newport Beach duplex contains two residences totaling approximately 4,760 square feet. Each home measures approximately 2,380 square feet and has five bedrooms and six bathrooms arranged across three levels. Features include en-suite bedrooms, fireplaces, private balconies, central air and heating, and rooftop decks with east- and west-facing exposures. Each residence also includes private laundry and a two-car tandem garage. Unit A has a Newport Beach short-term rental permit, while Unit B is leased under a two-year agreement.

The property is at 506 Clubhouse Avenue, with the marina, beaches, Lido Marina Village, Balboa Pier, and the Balboa Fun Zone described as minutes away. The two-unit configuration supports owner occupancy of one residence alongside use of the other as a rental.

Key Highlights

  • Two residences, approximately 2,380 square feet each
  • Completed in 2023; approximately 4,760 square feet total
  • Each unit has 5 bedrooms and 6 bathrooms across three levels

Property Analytics

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Lease Details

2
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

3,245
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Duplexes in Newport Beach, CA

$1,452 Jul
$1,096 Aug
$1,210 Sep
$1,445 Oct

Properties on Market for Duplexes in Newport Beach

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two residences offer separate access, private laundry, and a tandem garage for each unit.
Where is this duplex located?
The property is located at 506 Clubhouse Avenue Newport Beach, CA.
What is the asking price?
The asking price for this property is $7,625,000.
What are key features of this property?
This property features: Two residences, approximately 2,380 square feet each; Completed in 2023; approximately 4,760 square feet total; Each unit has 5 bedrooms and 6 bathrooms across three levels
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