Description
$200,000. Price Improvement on 3/1/2021...Extraordinary 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 quiet and very private cul-de-sac, the rare double lot features water views from both lots and can be kept as an income-producing investment or completely redeveloped. The site can easily accommodate two single-family homes, without dealing with the Californias new SB 330 housing requirements. Imagine creating an enviable Newport Beach paradise within moments of Lido Marina Villages boutiques, cafs and restaurants, miles of world-renowned beaches, recreation, top-rated schools, Orange County Airport and Hoag Hospital. Spanning approximately 4,312 square feet, the double lot is currently home to an income-producing four-plex, with each residence has 1 parking spot and there is also a 2 car garage included. This property can be combined with 626 & 620 Clubhouse for 5 contiguous lots! Opportunities as rare as this come but once in a lifetime...dont let it pass you by.
-
0BEDS
-
0.1ACRES
-
0BATHS
-
01/2 BATHS
-
1,900SQFT
-
$1,261$/SQFT
School Ratings & Info
Description
$200,000. Price Improvement on 3/1/2021...Extraordinary 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 quiet and very private cul-de-sac, the rare double lot features water views from both lots and can be kept as an income-producing investment or completely redeveloped. The site can easily accommodate two single-family homes, without dealing with the Californias new SB 330 housing requirements. Imagine creating an enviable Newport Beach paradise within moments of Lido Marina Villages boutiques, cafs and restaurants, miles of world-renowned beaches, recreation, top-rated schools, Orange County Airport and Hoag Hospital. Spanning approximately 4,312 square feet, the double lot is currently home to an income-producing four-plex, with each residence has 1 parking spot and there is also a 2 car garage included. This property can be combined with 626 & 620 Clubhouse for 5 contiguous lots! Opportunities as rare as this come but once in a lifetime...dont let it pass you by.
Based on information from California Regional Multiple Listing Service, Inc. as of 2021-04-20T12:16:50.193. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Doherty Real Estate Group | eXp Realty of California, Inc.. Licensed in the State of California, USA.