Property Detail

Description

RARE MULTI-FAMILY OPPORTUNITY! First time on the market in over 60 years, 220 and 226 Knox Place offer a generation-defining acquisition preferred to be sold together. This exceptional property consists of two separate side-by-side duplexes that look, feel, and function as a seamless fourplex connected by a shared driveway. The portfolio features four spacious two-bedroom, one-bathroom units, with each duplex measuring approximately 1,627 sq. ft., making each individual unit roughly 813 sq. ft. of comfortable living space complete with individual laundry hookups. Enhancing their appeal, both rear units boast their own private backyards and dedicated two-car garages, with one even featuring a charming three-season sunroom. Situated directly adjacent to Heller Park with no side neighbors for maximum privacy, the location is unbeatable, positioned just blocks from the vibrant dining and retail scene along 17th Street and only six minutes to Newport Beach’s Balboa Peninsula. With three tenant-occupied units providing immediate, stable income, this rare property serves as both a high-performing income asset and a premier candidate for future multi-unit redevelopment on two adjacent parcels.