3209 Clay, Newport Beach, California 92663, Newport Beach, 92663 - 6 bed, 3 bath

3209 Clay
Newport Beach, California 92663
Property Price
SUMMARY
Analysis of 3209 Clay, Newport Beach, California 92663 is currently available with a list price of $2,995,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Newport Beach Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
The property, built in 1922, is over 100 years old. While the description notes the 'Upper Unit' is 'nicely remodeled' with updated kitchen and baths (featuring white cabinets, granite counters, and stainless steel appliances, and a modern bathroom vanity/tile), and the 'Front Home' has 'updated carpet and window treatments,' the other units and overall property show signs of age. The kitchen in the front unit has dated light wood cabinets and white appliances, and one bathroom has an older vanity and shower tile. The studio unit's kitchen appears quite dated with older dark wood cabinets and white appliances. The property's age suggests that major systems, even if functional, are likely outdated or nearing the end of their lifespan, as indicated by the 'aging infrastructure' weakness. It requires minor updates or repairs in some units and potential for further modernization across the entire triplex to meet current standards.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Coastal Location
Ideally situated in the highly desirable Newport Heights, the property offers exceptional coastal proximity, being minutes from the beach, Lido Marina Village, and other key Newport Beach amenities, ensuring strong rental demand and appreciation potential.
- Income-Generating Triplex
A rare triplex offering with three distinct residences (2B/1B detached, 3B/2B remodeled, Studio), providing diversified income streams and significant flexibility for investors or owner-occupants.
- Versatile Unit Mix & Appeal
The property features a charming detached front home with a private yard, a nicely remodeled upper unit with private laundry, and a flexible studio, catering to a broad range of tenant needs and enhancing overall rental attractiveness.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2624, other record living area = 856. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 2.
- Age of Property
Built in 1922, the property is over 100 years old, which may imply potential for aging infrastructure, higher maintenance costs, or the need for significant system upgrades in the future.
- Lack of Desirable Views
Despite its prime coastal location, the property explicitly states 'View: None,' which can be a drawback in a market where ocean or city views often command a significant premium.
About 3209 Clay
Ideally located in the heart of Newport Beach, this charming Newport Heights triplex offers a rare blend of character, flexibility, and coastal proximity—just minutes from the beach, Lido Marina Village, and the best of the Peninsula. The property is comprised of three well-designed residences, each with its own distinct appeal: Front Home – 2 Bedrooms / 1 Bathroom (Detached): An absolutely charming standalone residence featuring a spacious private yard—perfect for outdoor dining, entertaining, or enjoying the coastal climate. Inside, the home offers a light and inviting atmosphere with updated carpet, window treatments, and comfortable living spaces that feel warm and welcoming. A shared garage adds convenience, making this unit especially attractive to long-term tenants or an owner-occupant. Upper Unit – 3 Bedrooms / 2 Bathrooms (Remodeled): The largest of the three units, this nicely remodeled residence offers generous living space, an updated kitchen and baths, and a functional floor plan ideal for today’s lifestyle. The unit includes its own private laundry, a significant upgrade that adds both comfort and value. Light-filled interiors and thoughtful updates make this a highly desirable rental in a prime beach-close location. Studio “Kicker” Unit: A versatile studio apartment that enhances the income profile of the property—ideal as a rental, guest space, or additional flexibility for future use. With its excellent unit mix, strong rental appeal, and prime Newport Heights location, very close to beaches, shopping, dining, and freeway access, 3209 Clay Street represents a compelling opportunity for investors and owner-users alike. A rare coastal triplex offering charm, income, and upside in one of Newport Beach’s most sought-after neighborhoods.
Property Details
Public Facts
- Property Type
- Triplex
- Year Built
- 1922
- Lot Size
- 5,227 Sq. Ft.
Interior
- Total Bedrooms
- 6
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Newport Beach Unified Schools
Newport Heights Elementary School
Grades K-6 • 1.4 mi
Horace Ensign Intermediate School
Grades 7-8 • 0.8 mi
Newport Harbor High School
Grades 9-12 • 0.7 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 4.0 | 67% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,624 | 2,464 | 67% |
| Lot Size | 5,227 | 2,868.5 | 83% |
| Price | $3.00M | $3.45M | 33% |
| Price per sq ft | $1.1K | $1.6K | 11% |
| Built year | 1922 | 1963 | 6% |
| HOA | $0 | $0 | 50% |
| Days on market | 46 | 139 | 11% |
Pricing History
Listed for Sale
Jan 20, 2026
$2,995,000
Initial Listing










































