626 Clubhouse, Newport Beach, CA 92663

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List Price
$16,995,000
Status
ACTIVE
MLS#
OC-26155362
Year Built
1945
Living Sq. Ft
7,078
Lot Size
14,240
Days on Market
115
Property Type
Multifamily

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

Additional Information

Land Lease Type
Fee
Appliances
Refrigerator
Fireplace Description
Living Room, See Remarks
View
Bay, Water
Parking
Garage, Parking Space, Private, Uncovered
Garage Spaces Total
4

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Calculator source: Real Geeks

Listing courtesy of Douglas Elliman of California Inc..