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.
Listed by Jason C Bradshaw
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License #01304396
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Coldwell Banker Realty
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949-433-3001
Listed by Darren Smith
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License #01233459
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Coldwell Banker Realty
Last updated November 11, 2025
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Source: CRMLS #OC25246738
Listing Facts
TypeMulti-family
NeighborhoodNewport Pier
Days on Prevu15
Amenities
Dishwasher
Parking
Location
Mortgage Calculator
Listing History
11/11/2025
Price Increased
$6,500,000
11/04/2025
Listed by Coldwell Banker Realty
$5,500,000
Property Details for 2006 Court Avenue
Association
Amenities
Community Features: Curbs, Street Lights, Sidewalks
Exterior
Construction
Number Of Units Total: 5
Property Attached: Yes
Stories: 2
Stories Total: 2
Window Features: Skylight(s)
Year Built: 1925
Common Walls: 2+ Common Walls
Entry Level: 1
Entry Location: 1
Exterior Features: Awning(s)
Features
Road Frontage Type: City Street
View: Neighborhood
Measurements
Building Area Total: 2,754
Building Area Units: Square Feet
Lot Features: 2-5 Units/Acre
Lot Size Acres: 0.08
Lot Size Area: 3,753
Lot Size Source: Assessor
Lot Size Square Feet: 3,753
Lot Size Units: Square Feet
Financial
Taxes
Parcel Number: 04715208
Interior
Features
Appliances: Dishwasher, Freezer, Gas Range, Refrigerator
Flooring: Laminate, Tile
Interior Features: Built-in Features, Ceiling Fan(s), Open Floorplan
Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.