$2,000,000
$2,250,000
11.1%For more information regarding the value of a property, please contact us for a free consultation.
2,848 Sqft Lot
SOLD DATE : 12/20/2021
Key Details
Sold Price $2,000,000
Property Type Other Types
Sub Type SingleFamilyResidence
Listing Status Sold
Purchase Type For Sale
Subdivision Lido Peninsula (Lipn)
MLS Listing ID NP21197039
Sold Date 12/20/21
HOA Y/N No
Year Built 1946
Lot Size 2,848 Sqft
Property Description
BEST PRICED INCOME PROPERTY IN THE PENINSULA! Location, Location, Location... This amazing income property has everything you are looking for. Conveniently located across from Lido Marina Village and Lido House Hotel. Surrounded by, Newport Harbor, world class beaches, top notch dining and entertainment. This amazing property is zoned R2 and allows for long term, short term, and vacation rent. The main unit is a 2 bedrooms one bath all on the lower level, no steps or stairs, amazing oversized patio. The back unit is an oversized one bedroom one bathroom, open floor plan with fireplace, walk in closet, oversized bathroom with jacuzzi bathtub, and a large roof deck patio with 360 degrees views of Newport Beach. Keep this property as is or converted into 2 new condos, the potential is endless.
Location
State CA
County Orange
Area N8 - West Newport - Lido
Zoning R2
Interior
Heating Fireplaces, SeeRemarks
Cooling None
Flooring Stone, Wood
Fireplaces Type FamilyRoom, MasterBedroom
Fireplace Yes
Laundry InGarage
Exterior
Parking Features GarageFacesRear
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Biking, Curbs, Fishing, StormDrains, Sidewalks
View Y/N Yes
View Coastline, Neighborhood
Total Parking Spaces 2
Private Pool No
Building
Story 2
Entry Level Two
Sewer PublicSewer
Water Public
Architectural Style PatioHome
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 42309111
Acceptable Financing Cash, CashtoNewLoan, Item1031Exchange
Listing Terms Cash, CashtoNewLoan, Item1031Exchange
Financing Trade
Special Listing Condition Standard
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Bought with Victor Paredes • Broker One Realty Group
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "