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    626 Clubhouse Avenue

    Newport Beach, CA 92663
    • $4,595,000
    • STATUS: Active
    • ON SITE: 171 days
    • ID#: NP20224995
    UPDATED: 4 min ago
    $4,595,000
    • 0
      BEDS
    • 0.18
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,400
      SQFT
    • $1,044
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1968
    County:

    School Ratings & Info

    Description

    $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+GGs boutiques, caf+-s 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+GGt let it pass you by.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-04-14T18:24:36.733. 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.
    www.bestorangecountyhomesearch.com/homes/111333504
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    626 Clubhouse Avenue Newport Beach, CA 92663

    • Price: $4,595,000
    • Status: Active
    • Updated: 4 min ago
    • ID#: NP20224995
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.18
    Acres
    4,400
    SQFT
    $1,044
    $/SQFT
    1968
    Built
    Neighborhood:
    Lido Peninsula (Lipn)
    County:
    Orange
    Area:
    N8 - West Newport - Lido
    Property Description
    $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+GGs boutiques, caf+-s 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+GGt let it pass you by.
    Exterior Features

    Exterior Features Boat SlipDock Private Garage Spaces 4.00 Lot Features Corner LotLot 6500-9999 Lot Size Source Assessor Lot Size Units Square Feet Parking Total 4.00 Pool Features None Pool Private YN No Property Attached YN Yes Waterfront Features Bay FrontMarina in CommunityOcean AccessOcean Side Of Highway 1

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area 100 Average2 Bed Area Units Square Feet Average3 Bed Area 1400 Average3 Bed Area Units Square Feet Common Walls 2+ Common WallsEnd Unit Laundry Features Community

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Community Features FishingWatersports Country Us Electric Expense 0.00 Elevation Units Feet Fuel Expense 0.00 Gross Income 129300.00 Gross Scheduled Income 129300.00 Insurance Expense 0.00 Land Lease YN No Laundry YN Yes Net Operating Income 0.00 New Construction YN No New Taxes Expense 0.00 Number Of Separate Electric Meters 4 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Number Of Units Leased 4 Operating Expense 0.00 Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Subdivision Name Other Lido Peninsula (Lipn) Total Actual Rent 10775.00 Total Expenses 0.00 Trash Expense 0.00 Walk Score 71 Water Sewer Expense 0.00 Water Source Public Year Built Source Estimated

    Listing provided courtesy of Christopher Parr of Douglas Elliman Of California,


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-04-14T18:24:36.733. 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.
     
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    Doherty Real Estate Group | eXp Realty of California, Inc.
    27101 Puerta Real
    Mission Viejo CA, 92691