Property listed by Potts Realty, Bill Potts 760-331-9438
$4,700,000
Short -Term Rental Asset in Lido Marina Village with two existing Short-Term Lodging (STR) permits Active STR permits in this neighborhood are exceptionally scarce . Transferability and continued eligibility are subject to verification with the City of Newport Beach and applicable City requirements This fully permitted turn-key… Read More setup offers immediate , high -yield revenue potential through Airbnb, VRBO or luxury vacation leasing , making it a premier asset for buyers seeking strong cash flow or a personal coastal retreat with built in income There are independent entries for each living space and high-end upgrades throughout upper Residence :3 bedrooms /2 Baths with vaulted ceilings and private balcony Main Level Residence : 2 bedrooms / 2 Baths with a cozy fireplace Penthouse Studio : private entry and full bath -ideal for extended stays or maximizing overall rental yield Key Highlights and Amenities : Chef's Kitchen :Designed with custom cabinets , quartz counters and stainless steel appliances and wide -plank hardwood floors 3 separate utility meters to maximize rental efficiency and minimize landlord overhead Parking & Views : Includes 4 total parking spaces (2 -car garage +2-car carport) along with peek-a -boo-ocean views Prime Location: Situated steps from Lido Marina Village , nearby beaches , and exclusive hotspots like Nobu, mayor's Table , and Lido House Read Less
Listing Snapshot
Days Online
8
Last Updated
Lot Size
0.06 Acres
Year Built
1994
MLS Number
219151871DA
Additional Details
Appliances & Equipment
WaterHeater
Building
Built in 1994, 1 building, 2 stories, Levels: Two
Cooling
CentralAir
Disclosures
HomeWarranty
Fireplaces
GasStarter, LivingRoom
Floors
Wood
Garage
4 spaces
Heating
Central
Home Owner's Association
Association Fee: $0
Interior Features
CathedralCeilings
Lot
0.0617 acres
Parking
2 carport spaces, 2 open parking spaces, 10 total parking spaces, Assigned, DirectAccess, Garage
Property
RepairsCosmetic, CityLights, PeekABoo
Taxes
Parcel Number: 42310212
Utilities
3 separate electric meters, 3 separate gas meters, 3 separate water meters
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