
Newport Beach, California 92663
This Versatile Coastal Triplex in Newport Heights is listed at $2,795,000, representing a stable entry into a high-demand submarket near its $2,678,381 Fair Market Value. The property features a Remodeled 3-Bedroom Upper Unit with modern finishes and a Detached Front Home with a Private Yard, earning a solid Condition Rating of 3. Located within the prestigious Newport Mesa Unified School District, the asset benefits from proximity to Lido Marina Village and world-class beaches. This is a premier opportunity for Owner-Users looking to house-hack or Buy-and-Hold Investors seeking coastal wealth preservation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3209 Clay Subject | $2,695,000* List Price | 6 | 3 | 2,624 | $932 | - |
A 213 41st Sold | $2,875,000 | 6 | 4 | 3,266 | $880 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
This triplex is in move-in ready condition and well-maintained despite its 1922 original build date. The upper unit features a modern remodel with shaker-style cabinetry, stone countertops, and stainless steel appliances. Throughout the units, flooring has been updated to contemporary laminate or luxury vinyl plank, and the bedrooms include updated ceiling fans. While some secondary units feature older wood cabinetry and white appliances, the overall property shows minimal wear, functional systems, and recent cosmetic updates that meet the criteria for a 'good' condition rating.
The property features a unique triplex configuration including a detached front home, a remodeled 3-bedroom unit, and a studio, offering excellent flexibility for owner-users or multi-stream rental income.
Situated in the highly sought-after Newport Heights neighborhood, the property is minutes from Lido Marina Village, world-class beaches, and high-end dining, ensuring long-term desirability and value retention.
The upper unit has been tastefully remodeled with an updated kitchen and private laundry, while the detached front home includes a rare private yard, significantly increasing tenant appeal and rental premiums.
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.
Originally built in 1922, the property may require ongoing maintenance or capital expenditures to address aging systems typical of vintage coastal structures.
With six total bedrooms across three units on a standard-sized lot, the shared garage and street parking may be insufficient for the high-density occupancy, potentially impacting tenant convenience.
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.
No exterior & parking available.
Grades K-6 • 1.4 mi
Grades 7-8 • 0.8 mi
Grades 9-12 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 4.0 | 65% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,624 | 2,580 | 59% |
| Lot Size | 5,227 | 3,036 | 82% |
| Price | $2.69M | $3.30M | 12% |
| Price per sq ft | $1.0K | $1.6K | 12% |
| Built year | 1922 | 1956 | 6% |
| HOA | $0 | $0 | 50% |
| Days on market | 92 | 178 | 18% |
Apr 21, 2026
$2,695,000
$2,795,000
-4% Price Drop
Initial Listing
Mar 20, 2026
$2,795,000
$2,995,000
-7% Price Drop
Initial Listing
Jan 20, 2026
$2,995,000
Initial Listing