505 Clubhouse Avenue, Newport Beach, CA 92663

About this single-family home

BEST PRICED INCOME PROPERTY IN THE PENINSULA! Location, Location, Location... This amazing income property has everything you are looking for. Conveniently located across from Lido Marina Village and Lido House Hotel. Surrounded by, Newport Harbor, world class beaches, top notch dining and entertainment. This amazing property is zoned R2 and allows for long term, short term, and vacation rent. The main unit is a 2 bedrooms one bath all on the lower level, no steps or stairs, amazing oversized patio. The back unit is an oversized one bedroom one bathroom, open floor plan with fireplace, walk in closet, oversized bathroom with jacuzzi bathtub, and a large roof deck patio with 360 degrees views of Newport Beach. Keep this property as is or converted into 2 new condos, the potential is endless.

Listing description from the December 2021 sale, as reported to CRMLS.

Sale history

$2,000,000

Sold December 2021 · listed $2,250,000, orig. $2,477,777, on market September 2021 · MLS #NP21197039 · Source: CRMLS

Listing Agent: Ingrid Yankauskas · Listing Office: Coldwell Banker Realty · Contact: ingridyankauskas@gmail.com · Bought with: Victor Paredes · Broker One Realty Group

$1,510,000

Sold December 2017 · listed $1,649,000, orig. $1,699,000, on market July 2017 · MLS #OC17151738 · Source: CRMLS

Listing Agent: Michael Taylor · Listing Office: Re/Max Signature Services · Contact: 949-218-0180 · Bought with: MARCELLA SEIDENSTICKER · Berkshire Hathaway HomeService

$1,510,000

Sold December 2017 · listed $1,649,000, orig. $1,699,000, on market June 2017 · MLS #OC17140356 · Source: CRMLS

Listing Agent: Michael Taylor · Listing Office: Re/Max Signature Services · Contact: 949-218-0180 · Bought with: MARCELLA SEIDENSTICKER · Berkshire Hathaway HomeService

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