First time on the market in over 30 years, 2004 and 2006 Court Avenue present an exceptionally rare investment opportunity in one of Newport Beach’s most sought-after coastal enclaves. Spanning TWO contiguous parcels with approximately 50 feet of frontage combined, this 100-year-old concrete-built quadruplex sits just steps from the pier, beaches, and the dining and shops of the Balboa Peninsula, an area known for some of the city’s strongest appreciation, vibrant redevelopment activity, and truly unforgettable sunsets. The property is currently configured as TWO 1-bed/1-bath units, ONE 2-bed/1-bath unit, and ONE 2-bed/2-bath unit that has been thoughtfully divided into a 1-bed/1-bath plus an “owner’s studio” with a full bath, covered patio, and private entrance. Each unit offers its own laundry and parking, showcasing charming details that include real hardwood floors, Mexican terracotta tile, ceramic tile bathrooms, and freestanding tubs. With EIGHT on-site parking spaces, TWO storage sheds, and individual washer/dryer hookups for EVERY unit, this property provides a rare combination of character, functionality, and flexibility. Whether held as a stable income property or reimagined for the future, the mixed-use zoning potential (subject to city approval) allows for creative possibilities such as residential over retail. Just one street from the sand, and away from the major boulevard, 2004–2006 Court Ave is a true land-banking opportunity in the heart of Newport Beach, offering income today and limitless potential for the next century to come.
Off market
Zestimate®
$6,128,700
2006 Court St, Newport Beach, CA 92663
--beds
--baths
2,754sqft
Quadruplex
Built in 1925
-- sqft lot
$6,128,700 Zestimate®
$2,225/sqft
$4,265 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: November 27, 2025 at 12:08am
Source: CRMLS,MLS#: OC25246738
Originating MLS: California Regional MLS
Facts & features
Interior
Appliances
- Included: Dishwasher, Freezer, Gas Range, Refrigerator
- Laundry: Inside, Laundry Closet
Features
- Built-in Features, Ceiling Fan(s), Open Floorplan
- Flooring: Laminate, Tile
- Windows: Skylight(s)
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 2,754
- Total interior livable area: 2,754 sqft
Property
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Exterior features: Awning(s)
- Pool features: None
- Spa features: None
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 3,753 sqft
- Features: 2-5 Units/Acre
Details
- Additional parcels included: 04715212
- Parcel number: 04715208
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1925
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Curbs, Street Lights, Sidewalks
Location
- Region: Newport Beach
- Subdivision: Balboa Peninsula (Residential) (Balp)
Other
Other facts
- Listing terms: Cash,Cash to New Loan
- Road surface type: Paved
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Estimated market value
$6,128,700