$1,820,000
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2,613 Sqft Lot
SOLD DATE : 06/19/2019
Key Details
Sold Price $1,820,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Subdivision Lido Peninsula (Lipn)
MLS Listing ID PV19045349
Sold Date 06/19/19
Construction Status Turnkey
HOA Y/N No
Year Built 1998
Tax Year 2018
Lot Size 2,613 Sqft
Acres 0.06
Property Description
Where the renown beach culture meets the vibrant and sophisticated Newport Beach lifestyle, discover this Upper Peninsula property at the heart of the revitalized Lido Marina Village neighborhood. Beautifully maintained, this duplex features 6 bedrooms, 5.5 bathrooms, 2,451 sqft, on a 2,801 sqft lot. The larger front unit offers 3 bedrooms bathed in natural light with high ceilings, 2.5 baths, a spacious living room that opens to the patio with views of the neighborhood, a well appointed kitchen and dining area, and approximately 1,400 sq. ft of living space. The rear unit offers 3 bedrooms and 3 full bathrooms, bright and sunny living areas with high vaulted ceilings. The large 3rd bedroom suite on the ground floor is separately metered with its own access, a private patio, and could be a 3rd unit. All units have newly painted interiors, new carpet throughout, 2-car garage and 2-tandem parking spots, and laundry in each unit. In the Finley Tract, steps to the canals, a few blocks to the beach, and across from the chic and luxurious Lido House Hotel, the redeveloped Lido Marina Village, amazing shopping, restaurants, entertainment, and with convenient access to the Pacific Coast Highway and Newport Blvd. This is a tremendous opportunity with the versatility for owner-occupancy with rental income, short-term vacation rentals, and potentially a condominium conversion. At the center of Newport Beach’s premier destination - invest, live, and thrive with 502 Clubhouse Avenue.
Location
State CA
County Orange
Area N8 - West Newport - Lido
Rooms
Ensuite Laundry Laundry Closet
Interior
Interior Features Balcony, Granite Counters, Storage, Solid Surface Counters, Tile Counters, Bedroom on Main Level, Main Level Master, Multiple Master Suites
Laundry Location Laundry Closet
Heating Central
Cooling None
Flooring Carpet, Tile
Fireplaces Type None
Fireplace No
Appliance Dishwasher, Gas Cooktop, Gas Range, Microwave, Water Heater
Laundry Laundry Closet
Exterior
Garage Spaces 2.0
Carport Spaces 2
Garage Description 2.0
Fence Block, Wood
Pool None
Community Features Street Lights
Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Waterfront Description Across the Road from Lake/Ocean,Navigable Water,Ocean Side Of Freeway,Ocean Side Of Highway
View Y/N Yes
View Neighborhood
Roof Type Composition
Total Parking Spaces 4
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 2
Entry Level Two
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Contemporary, Traditional
Level or Stories Two
New Construction No
Construction Status Turnkey
Others
Senior Community No
Tax ID 42310123
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Financing Cash
Special Listing Condition Standard
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Bought with Beth Sparks • The Betts Realty Group, Inc.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
25101 The Old Road Suite 240, Ranch, Ca, 91381, United States