$20,500,000
For Sale
0.10 acres | #OC24195249
Listing OfficeRE/MAX One
Browse 12 photos
Type:Multi-Family
Structure:House
Zone:Residential

Description

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.

  • Property Details
      • Utility FeaturesCableConnected, ElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected
      • SubdivisionWest Newport Beach (WSNB)
      • Exterior MaterialsBoatSlip, Dock
      • Property TypeMulti-Family
      • Sewer InformationPublicSewer
      • Original List Price$20,500,000
      • MLS #OC24195249
      • MLS #OC24195249
      • Property SubtypeApartment
      • Cost20500000
      • Acres0.1017
      • Utility SourcePublic
      • CountyOrange
      • ViewWater
      • Lot DescriptionLevel
      • Year Built1954
      • Stories2
      • Parking Spaces4

Location

Justin ThomasReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
$0.00

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