Property listed by Douglas Elliman of California, Joshua Altman 310-595-3888
$16,995,000
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… Read More 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. Read Less
Listing Snapshot
Days Online
2
Last Updated
Property Type
Apartment
Lot Size
0.18 Acres
Year Built
1945
MLS Number
OC26155362
Additional Details
Appliances & Equipment
Refrigerator
Building
Built in 1945, 4 buildings, Levels: Two, Entry level: 1, Entry location: 1
Community
Sidewalks
Cooling
CentralAir, SeeRemarks
Exterior Features
Dock
Fireplaces
LivingRoom, SeeRemarks
Floors
SeeRemarks
Garage
4 spaces
Heating
Central, SeeRemarks
Home Owner's Association
Association Fee: $0
Laundry
CommonArea
Lot
0.1802 acres, CulDeSac
Parking
6 open parking spaces, 10 total parking spaces, Covered, Garage, Private, OneSpace, Uncovered
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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