$5,950,000
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3,602 Sqft Lot
SOLD DATE : 11/19/2021
Key Details
Sold Price $5,950,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Lido Island (Lido)
MLS Listing ID LG21124420
Sold Date 11/19/21
Condo Fees $1,091
Construction Status Fixer
HOA Fees $90/ann
HOA Y/N Yes
Year Built 1950
Lot Size 3,602 Sqft
Property Description
Prestigious Lido Isle in Newport Harbor is the location of this rare bayfront triplex property on a 40' wide lot. All of the fun of Newport Beach is out your door, swimming, sailing, bike riding, paddle boarding, and the newly updated Lido Village with its fine dining and high-end retail shops are an easy walk away. Lido Isle is the ultimate waterfront lifestyle community with its private Beach Club, summertime snack bar, parks, tennis courts, stradas and activities for the entire family including sailing and tennis instruction. Offered for sale for the first time in over 45 years, the property has spectacular waterfront vistas of the harbor, sits on a pristine sandy bay beach and all three units are flooded with natural light due to its corner location on the Lido Isle “boat garden” and sunny southern exposure. Unit A is a bayfront three bedroom, three bath, 1,567 sqft, with a waterfront patio and leases at $5,880 per month, unit B is an upstairs bayfront unit with two bedrooms, two baths, 1,491 sqft, and a waterside deck that leases at $4,388 per month, and unit C is a two bedroom, one and one-half bath, 862 sqft, unit over the garage that has waterfront vistas and leases at $2,500 per month. Come enjoy the Lido lifestyle.
Location
State CA
County Orange
Area N8 - West Newport - Lido
Interior
Heating Central
Fireplace No
Laundry Common Area
Exterior
Garage Spaces 3.0
Garage Description 3.0
Pool None
Community Features Biking, Curbs, Park, Street Lights, Marina
Waterfront Description Beach Access,Beach Front,Bay Front
View Y/N Yes
View Bay, City Lights, Coastline, Landmark, Marina, Ocean, Panoramic
Roof Type Spanish Tile
Total Parking Spaces 3
Private Pool No
Building
Lot Description Corner Lot
Story Two
Entry Level Two
Sewer Public Sewer
Water Public
Architectural Style Mediterranean
Level or Stories Two
New Construction No
Construction Status Fixer
Others
HOA Name Lido isle
Senior Community No
Tax ID 42317208
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash
Special Listing Condition Standard
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25101 The Old Road Suite 240, Ranch, Ca, 91381, United States