$16,995,000
Est. payment /mo
6 Beds
6 Baths
7,850 Sqft Lot
New
626 Clubhouse Newport Beach, CA 92663
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
Subdivision Lido Peninsula (Lipn)
MLS Listing ID OC26155362
Bedrooms 6
Lot Size 7,850 Sqft
Property Sub-Type Res Income 2-4 Units
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.
Location
State CA
County Orange
Zoning Assessor
Direction From Pacific Coast Hwy, head south on Newport Blvd, turn right on Finley Ave, then right onto Clubhouse Ave. Property is located
Interior
Heating Other/Remarks
Cooling Central Forced Air, Other/Remarks
Fireplace No
Exterior
View Y/N No
Others
Senior Community No
Tax ID 42308312
Acceptable Financing Conventional
Listing Terms Conventional
Listed by Joshua Altman, DRE#01764587 Douglas Elliman of California