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
30 days
|
884
|
24
|
Zillow last checked:
Listing updated:
Listed by:
Joshua AltmanDRE #01764587310-595-3888,
Douglas Elliman of California,
Matthew J. AltmanDRE #01874316310-819-3250,
Douglas Elliman of California, Inc.
Source: CRMLS,MLS#: OC26155362Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 14
Bathrooms: 12
Rooms
Room types: Kitchen, Living Room, Primary Bedroom, Other
Heating
Central, See Remarks
Cooling
Central Air, See Remarks
Appliances
Included: Refrigerator
Laundry: Common Area
Features
Flooring: See Remarks
Has fireplace: Yes
Fireplace features: Living Room, See Remarks
Common walls with other units/homes: 2+ Common Walls
Interior area
Total structure area: 7,078
Total interior livable area: 7,078 sqft
Property
Parking
Total spaces: 10
Parking features: Covered, Garage, Private, One Space, Uncovered