Investing in Newport Beach CA

[Jacob Henry Wirth]

I am interested to see what investors do in Newport Beach California. Specifically do investors buy and renovate Multifamily properties (Duplex’s, 4-plex’s) on the peninsula in Newport? I know it’s a flood zone but that is incredibly rare. Regardless I know that a majority of the peninsula is zoned for duplexes and multi family so does that mean there’s potential to build more units on certain properties. Is anyone familiar with any of these topics? It’s something I’m interested in getting into as a 20 year old still in college.