626 Clubhouse, Newport Beach, CA 92663

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List Price
$16,995,000
Days on Market
61
Status
ACTIVE
MLS#
OC26155362
Bedrooms
6
Bathrooms
6
Lot Size(apprx.)
7,850
City
Newport Beach
Neighborhood
Lido Peninsula (Lipn)
Property Type
Multifamily

Property Description

Rare waterfront investment opportunity in Newport Beachs highly desirable Lido Peninsula. The property consists of four buildings totaling 10 units across three APNs: APN 423-083-12 (4 units), APN 423-083-11 (4 units), and APN 423-083-10 (2 units). Ideally positioned along the water with abundant natural light and premier bayfront views, this unique offering presents an exceptional opportunity for investors and developers to acquire a well-located multifamily asset with significant upside potential through strategic repositioning and enhancement of the existing units, while capitalizing on the strong demand for waterfront living in one of Southern Californias most sought-after coastal communities. The property also features a 50-foot dock, adding to the unique waterfront appeal of this rare Newport Beach offering. Do Not Visit Property Without Appointment - Contact Listing Office. Property is Tenant Occupied; Do Not Disturb Occupants Rare waterfront investment opportunity in Newport Beachs highly desirable Lido Peninsula. The property consists of four buildings totaling 10 units across three APNs: APN 423-083-12 (4 units), APN 423-083-11 (4 units), and APN 423-083-10 (2 units). Ideally positioned along the water with abundant natural light and premier bayfront views, this unique offering presents an exceptional opportunity for investors and developers to acquire a well-located multifamily asset with significant upside potential through strategic repositioning and enhancement of the existing units, while capitalizing on the strong demand for waterfront living in one of Southern Californias most sought-after coastal communities. The property also features a 50-foot dock, adding to the unique waterfront appeal of this rare Newport Beach offering. Do Not Visit Property Without Appointment - Contact Listing Office. Property is Tenant Occupied; Do Not Disturb Occupants

Additional Information

Cooling
Central Air, Other
Heating
Other
Lot Size
7,850
Neighborhood
Lido Peninsula (Lipn)

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Joshua Altman (323-610-0231) from Listing Office: Douglas Elliman of California.

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