626 Clubhouse, Newport Beach, CA 92663
- $16,995,000
- List Price
- $16,995,000
- Status
- ACTIVE
- Days on Market
- 34
- MLS#
- OC26155362
- Subtype
- Residential Income
- Year Built
- 1945
- Lot Size
- 7,850
- Acres
- 0.18
- Subdivision
- Lido Peninsula (Lipn)
- Neighborhood
- Lido Peninsula (Lipn)
- MLS Area Major
- West Newport - Lido (N8)
Property Description
Rare waterfront investment opportunity in Newport Beach’s 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 California’s 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
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Additional Information
- Exterior Features
- Dock
- Flooring
- See Remarks
- Appliances
- Refrigerator
- Heating
- Central, See Remarks
- Air Conditioning
- Yes
- Stories
- Two Levels
- Levels
- Two
- Pool Type
- None
- Parking Features
- Covered, Garage, Private, One Space, Uncovered
- Garage Spaces
- 4
- View
- Bay, Water
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Listing courtesy of Listing Agent: Joshua Altman (Josh@TheAltmanBrothers.com) from Listing Office: Douglas Elliman of California.
Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.