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626 Clubhouse, Newport Beach, CA 92663

$17.00M0ba · 7,078 sqft
Lot 14,240 sqft•Apartment•
Active
•105d on market•MLS# OC-26155362

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

Features & Amenities

FeeBuilt 1945

Property Details

Land Type
Fee
Year Built
1945
Property Type
Residential Income
Property Subtype
Apartment
Parking Spaces
10
Garage Spaces
4
Heating
See Remarks, Central
View
Water, Bay
Flooring
See Remarks
City
Newport Beach
Zip Code
92663
County
Orange
Listed byDouglas Elliman of California Inc., Joshua E Altman

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$85,935.97
Principal & Interest
Loan Amount
$13,596,000
Total Interest
$17,340,949
Total Payment Over 30 Years
$30,936,949
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

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