3312 Via Lido Newport Beach, CA 92663
Active
$20,500,000
4 Units
6 Beds
8 Baths
4,458 Area(sq.ft.)
4,432 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 1 | 1 | 2 | No | $ 4,200 | $ 4,200 | $ 4,200 |
| Unit 2 | 1 | 2 | 2 | No | $ 5,250 | $ 5,250 | $ 5,250 |
| Unit 3 | 1 | 2 | 2 | No | $ 5,600 | $ 5,600 | $ 5,600 |
| Unit 4 | 1 | 1 | 2 | No | $ 5,500 | $ 5,500 | $ 5,500 |
| 4 | 4 | 6 | 8 | $ 20,550 | $ 20,550 | $ 20,550 |
| MLS #: | OC24195249MR |
| Days On Market: | 20 |
| County: | Orange County |
| Property Type: | Residential Income |
| Price per ft2: | $ 4,598 |
| Price per unit: | $ 5,125,000 |
| Year Built: | 1954 |
Property Details
Exceptional opportunity! This fourplex is right on the Newport Bay in a high demand area. The lower-level features two units, each with one bedroom, two baths, and separate patios, while the upper level boasts two units with two bedrooms, two baths, and private balconies. Enjoy two community laundry rooms, two 2-car garages, and two boat docks. Located near Via Lido Village and top-rated restaurants, this prime location provides breathtaking views of the harbor's vibrant activity and stunning sunsets. Additionally, this is a rare opportunity to acquire two contiguous properties, approximately 8,100 sq. ft., on the coveted Newport Beach Via Lido Bayfront one of the largest opportunities on the bay. The adjacent property 3322 and 3324 are individual condos also listed for sale. Key highlights for both properties include the opportunity to transfer the existing short-term rental permits to new owner, making them a fantastic investment opportunity. Between the two lots, there are a total of four boat docks. Although currently livable, these properties present a rare opportunity for those looking to enhance or develop them.Interested in this Listing?
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Income Details
| Rent Control: | Yes |
| Total Annual Expense: | $ 11,931 |
| Net Operating Income: | $ 269,069 |
Structure
| Community Features: | Curbs, Sidewalks, Street Lights |
| Style: | Contemporary |
| Sewer: | Public Sewer |
| View Description: | Water |
| Water: | Public |
Land & Parking
| Land Lease Type: | Fee |
| Parking Garage: | Garage, Shared Driveway |
Interior
| AC/Cooling: | Central |
| Heating: | Central |
| Fireplace Rooms: | Living Room, Patio |
| Laundry: | Laundry Area |
| Laundry Equipment: | Own |
| Laundry Income: | 0.00 |
Exterior
| Pool: | No |
Detailed Map
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