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Jessamine Walker

jessamine@walkerpropertygroupca.com +1(949) 241-2927

$ 16,995,000

Est. payment | -/mo

0.33 Acres Lot

Save

$ 16,995,000

Est. payment | -/mo

Save

0.33 Acres Lot

Key Details

Property Type Other Types

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Subdivision Lido Peninsula (Lipn)

MLS Listing ID OC26155362

HOA Y/N No

Year Built 1945

Lot Size 0.327 Acres

Property Sub-Type Apartment

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

Location

State CA

County Orange

Area N8 - West Newport - Lido

Interior

Heating Central, See Remarks

Cooling Central Air, See Remarks

Flooring See Remarks

Fireplaces Type Living Room, See Remarks

Fireplace Yes

Appliance Refrigerator

Laundry Common Area

Exterior

Exterior Feature Dock

Parking Features Covered, Garage, Private, One Space, Uncovered

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Sidewalks

Waterfront Description Bayfront

View Y/N Yes

View Bay, Water

Total Parking Spaces 10

Private Pool No

Building

Lot Description Cul-De-Sac

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 42308312

Acceptable Financing Conventional

Listing Terms Conventional

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Joshua Altman Douglas Elliman of California Inc. #01764587

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(949) 241-2927

jessamine@walkerpropertygroupca.com

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626 Clubhouse Newport Beach, CA 92663