Newport Beach, CA92663
| 4458 sqft | MLS# OC24195249
Tract: West Newport Beach (WSNB)
For Sale $20,500,000
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.
Facts
| Built in 1954 | Lot Size: 4432.00 sqft | HOA Dues: $0/month
Features
Listing provided by Julie Stupin, RE/MAX One
Based on information from California Regional Multiple Listing Service, Inc. as of January 10, 2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.