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Listed by Joshua Altman, DRE #01764587 • Douglas Elliman of California
$ 16,995,000
Est. payment /mo
Active
626 Clubhouse Newport Beach, CA 92663
7,850 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CROC26155362
Year Built 1945
Lot Size 7,850 Sqft
Source California Regional MLS
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
Location
State CA
County Orange
Area N8 - West Newport - Lido
Rooms
Kitchen Refrigerator
Interior
Heating Other, Central Forced Air
Cooling Central AC, Other
Flooring Other
Laundry Laundry Area
Exterior
Parking Features Covered Parking, Private / Exclusive, Garage, Parking Area, Uncovered Parking
Garage Spaces 10.0
Pool None
View Bay, Water
Building
Lot Description Corners Marked
Water District - Public
Others
Tax ID 42308312
Special Listing Condition Not Applicable
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