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$ 4,700,000
Est. payment | /mo
2,688 Sqft Lot
$ 4,700,000
Est. payment | /mo
2,688 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 219151871DA
Lot Size 2,688 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Short -Term Rental Asset in Lido Marina Village with two existing Short-Term Lodging (STR) permits Active STR permits in this neighborhood are exceptionally scarce . Transferability and continued eligibility are subject to verification with the City of Newport Beach and applicable City requirements This fully permitted turn-key setup offers immediate , high -yield revenue potential through Airbnb, VRBO or luxury vacation leasing , making it a premier asset for buyers seeking strong cash flow or a personal coastal retreat with built in income There are independent entries for each living space and high-end upgrades throughout upper Residence :3 bedrooms /2 Baths with vaulted ceilings and private balcony Main Level Residence : 2 bedrooms / 2 Baths with a cozy fireplace Penthouse Studio : private entry and full bath -ideal for extended stays or maximizing overall rental yield Key Highlights and Amenities : Chef's Kitchen :Designed with custom cabinets , quartz counters and stainless steel appliances and wide -plank hardwood floors 3 separate utility meters to maximize rental efficiency and minimize landlord overhead Parking & Views : Includes 4 total parking spaces (2 -car garage +2-car carport) along with peek-a -boo-ocean views Prime Location: Situated steps from Lido Marina Village , nearby beaches , and exclusive hotspots like Nobu, mayor's Table , and Lido House
Location
State CA
County Orange
Zoning Assessor
Direction Finley/Newport Blvd
Interior
Cooling Central Forced Air
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 42310212
Acceptable Financing Cash, Conventional, Exchange
Listing Terms Cash, Conventional, Exchange
Listed by Bill Potts, DRE#01290349 Potts Realty
NEARBY SCHOOL & BUSINESS
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