$400,000. Price Improvement on 3/1/2021...Act quickly to take advantage of this extraordinary waterfront opportunity in the heart of Newport Beach, where this ultra-rare four-plex offers a prime location across the harbor from the new upscale Lido Marina Village. Located at the end of a cul-de-sac, the rare double lot features a 50' boat slip and can be kept as an income-producing investment or completely redeveloped. Imagine creating an enviable waterfront paradise within moments of Lido Marina Village’s boutiques, cafés and restaurants, miles of world-renowned beaches, recreation, top-rated schools, Orange County Airport and Hoag Hospital. Spanning approximately 7,850 square feet, the double lot is currently home to an income-producing four-plex. New decking and upgraded electrical was added in 2019. Three units offer 2 bedrooms and 1 bath, and one hosts 3 bedrooms and 2.5 baths. Opportunities as rare as this come but once in a lifetime...don’t let it pass you by.
DAYS ON MARKET
|
342
|
LAST UPDATED
|
9/30/2021
|
TRACT
|
Lido Peninsula (LIPN)
|
YEAR BUILT
|
1968
|
COMMUNITY
|
West Newport - Lido
|
GARAGE SPACES
|
4.0
|
COUNTY
|
Orange
|
STATUS
|
Sold
|
PROPERTY TYPE(S)
|
Residential Income
|
|
|
Prior to Mar 1, '21
|
$4,995,000
|
Mar 1, '21 - Today |
$4,595,000 |
AREA |
West Newport - Lido |
EXTERIOR |
Boat Slip, Dock |
GARAGE |
Yes |
LOT |
7850 sq ft |
LOT DESCRIPTION |
Corner Lot |
POOL DESCRIPTION |
None |
SEWER |
Public Sewer |
SUBDIVISION |
Lido Peninsula (LIPN) |
WATER |
Public |
WATERFRONT |
Yes |
WATERFRONT DESCRIPTION |
Bay Front,Ocean Access,Ocean Side Of Highway |
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Listed with Douglas Elliman Of California,
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from CRMLS as of 4/25/24 4:04 PM PDT. The information being provided by CRMLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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