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    626 Clubhouse Avenue

    Newport Beach, CA 92663
    • $4,595,000
    • STATUS: Active Under Contract
    • ON SITE: 202 days
    • MLS #: NP20224995
    Under Contract
    UPDATED: 93 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 Villages boutiques, cafs 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...dont let it pass you by.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-15T00:34:56.333. 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 CARLILE Realty & Lending. Licensed in the State of California, USA.
    www.carlilerealty.com/homes/111333504
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    626 Clubhouse Avenue Newport Beach, CA 92663

    • Price: $4,595,000
    • Status: Active Under Contract
    • Updated: 93 min ago
    • MLS #: 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 Villages boutiques, cafs 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...dont let it pass you by.
    Exterior Features

    Exterior Features Boat SlipDock Lot Features Corner Lot Number Of Separate Electric Meters 4 Parking Total 4 Pool Features None Pool Private YN No Property Attached YN Yes Waterfront Features Bay FrontOcean AccessOcean Side Of Highway

    Interior Features

    Common Walls 2+ Common WallsEnd Unit

    Property Features

    Additional Parcels YN No Common Interest None Community Features FishingWater SportsMarina Electric Expense 0 Fuel Expense 0 Garage YN Yes Gross Income 129300 Gross Scheduled Income 129300 Insurance Expense 0 Land Lease YN No Laundry Features Common Area Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash To New Loan Net Operating Income 0 New Construction YN No New Taxes Expense 0 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Number Of Units Leased 4 Operating Expense 0 Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Actual Rent 10775 Trash Expense 0 Water Sewer Expense 0 Water Source Public

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


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-15T00:34:56.333. 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 CARLILE Realty & Lending. Licensed in the State of California, USA.
     
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