Skip To Content

    505 Clubhouse Avenue

    Newport Beach, CA 92663
    • $2,250,000
    • STATUS: Active Under Contract
    • ON SITE: 49 Days
    • ID#: NP21197039
    Under Contract
    UPDATED: 61 min ago
    $2,250,000
    • 0
      BEDS
    • 0.07
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1946
    County:

    School Ratings & Info

    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.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-10-26T10:25:51.947. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty. Licensed in the State of California, USA.
    www.therealestategirl.com/homes/121167251
    Print Image

    505 Clubhouse Avenue Newport Beach, CA 92663

    • Price: $2,250,000
    • Status: Active Under Contract
    • Updated: 61 min ago
    • ID#: NP21197039
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.07
    Acres
    1946
    Built
    Neighborhood:
    Lido Peninsula (Lipn)
    County:
    Orange
    Area:
    N8 - West Newport - Lido
    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.
    Exterior Features

    Architectural Style Patio Home Entry Level 2 Entry Location Front And Back Number Of Separate Electric Meters 1 Parking Features Garage Faces Rear Parking Total 2 Pool Features None Pool Private YN No Property Attached YN Yes View CoastlineNeighborhood View YN Yes

    Interior Features

    Common Walls 1 Common Wall Cooling None Cooling YN No Fireplace Features Family RoomMaster Bedroom Fireplace YN Yes Flooring StoneWood Heating Fireplace(S)See Remarks Heating YN Yes

    Property Features

    Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features BikingCurbsFishingStorm Drain(S)Sidewalks Disclosures Coastal ZoneHome Warranty Electric Expense 0 Fuel Expense 0 Garage YN Yes Gross Income 0 Gross Scheduled Income 0 Insurance Expense 0 Land Lease YN No Laundry Features In Garage Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New Loan1031 Exchange Net Operating Income 0 New Construction YN No Number Of Separate Gas Meters 1 Number Of Separate Water Meters 1 Operating Expense 0 Possession Close Of Escrow Property Sub Type Single Family Residence Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 0 Water Sewer Expense 0 Water Source Public Zoning R2

    Listing provided courtesy of Ingrid Yankauskas of Coldwell Banker Realty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-10-26T10:25:51.947. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty. Licensed in the State of California, USA.
     
    https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_367216993-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_367216993-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_367216993-1.jpg
    Logo
    Keller Williams Realty
    ,