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2332 Bristol/2301 Zenith/2331 Zenith 2 Land Properties Offered at $3,200,000 in Newport Beach, CA
Executive Summary
0.64 acres in Newport Beach across 3 contiguous parcels in Newport Beach's Airport Area.
2301 Zenith Ave (APN 439-021-13) — 13,467 SF / 0.31 ac
2331 Zenith Ave (APN 439-021-12) — 7,453 SF / 0.17 ac
2332 SE Bristol St (APN 439-021-03) — 7,151 SF / 0.16 ac
Zoning: CO-G General Commercial Office, SP-7 (PACC), with HO-1 Housing Overlay
Two Development Pathways:
Path 1: SFR Rebuild (SP-7/R-1): Single-family detached homes on eligible Zenith lots under the County's pre-1986 R-1 standards. Requires Minor Use Permit from Zoning Administrator. Low ALUC risk — density is consistent with Safety Zone 3. Per the city planner, 2 of 3 lots meet minimum lot size
Path 2: HO-1 Multifamily (20–50 du/ac): Multifamily, mixed-use, or residential-supporting uses. Site Development Review from Planning Commission required unless 20% affordable, which may qualify for ministerial/by-right processing straight to building permits.
2301 Zenith Ave (APN 439-021-13) — 13,467 SF / 0.31 ac
2331 Zenith Ave (APN 439-021-12) — 7,453 SF / 0.17 ac
2332 SE Bristol St (APN 439-021-03) — 7,151 SF / 0.16 ac
Zoning: CO-G General Commercial Office, SP-7 (PACC), with HO-1 Housing Overlay
Two Development Pathways:
Path 1: SFR Rebuild (SP-7/R-1): Single-family detached homes on eligible Zenith lots under the County's pre-1986 R-1 standards. Requires Minor Use Permit from Zoning Administrator. Low ALUC risk — density is consistent with Safety Zone 3. Per the city planner, 2 of 3 lots meet minimum lot size
Path 2: HO-1 Multifamily (20–50 du/ac): Multifamily, mixed-use, or residential-supporting uses. Site Development Review from Planning Commission required unless 20% affordable, which may qualify for ministerial/by-right processing straight to building permits.
Property Facts
| Price | $3,200,000 | Number of Properties | 2 |
| Sale Type | Investment | Individually For Sale | 0 |
| Status | Active | Total Land Area | 0.64 AC |
| Price | $3,200,000 |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Land Area | 0.64 AC |
Properties
| Property Name / Address | Property Type | Size | Individual Price |
|---|---|---|---|
| 2301-2331 Zenith Ave, Newport Beach, CA 92660 | Land | 0.48 AC | - |
| 2332 Bristol, Newport Beach, CA 92660 | Land | 0.16 AC | - |
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2332 Bristol/2301 Zenith/2331 Zenith
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