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626 Clubhouse, Newport Beach, California 92663

$16,995,000

Property Type
Residential Income
Building Size
7,078 sqft
City
Newport Beach
Status
Active

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

626 Clubhouse
Newport Beach, CA 92663
$16,995,000
10
Units
7,078
Building Size
0.33 acres
Lot Size
84
Days on Market

About

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

Listed by Joshua Altman with Douglas Elliman of California Inc.

Quick Facts

MLS Property Type
Residential Income
Property Subtype
Apartment
Status
Active
MLS Number
OC26155362
Year Built
1945
Building Size
7,078 sq ft
Units
10
Lot Size
0.33 acres
Contact Agent

Vince Allan

DRE Lic. #01421798

Ask a question or request a showing.

Location

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Details

Flooring Type
See Remarks
Fireplace
Yes
Fireplace Features
Living Room,​See Remarks
Laundry Facilities
Common Area
Cooling System
Central Air,​See Remarks
Heating System
Central,​See Remarks

Included Appliances
Refrigerator

Lot Size
0.33 acres
Parcel Number
42308312
Exterior Features
Dock
Pool Features
None

Garage Spaces
4.0 car(s)
Parking Features
Covered,​Garage,​Private,​One Space,​Uncovered

Water Source
Public

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