Price $7,995,000
Status Active
Beds 0
Baths 0 bath
Home size 7,694 sq ft
Lot Size 9,314 sqft
Days on Market 94
Generational opportunity to purchase a beautifully remodeled, six-unit condo complex on famed Lido Isle, the adage of location, location, location could not be more accurate when describing this one-of-a-kind investment. Sited an incredible parcel of approximately 3.5 lots and conveniently close to the areas desirable amenities of the bay, world-class dining, Lido Village, shopping and beaches coupled with access to the fabulous amenities of the community of Lido Isle. The six residences each have their own APN and the complex is comprised of four, impeccably and completely rebuilt from floor to ceiling 2-bedroom units that contain interior laundry, AC and top-quality finishes throughout plus two, 3-bedroom units. Each residence offers generous living areas, bedroom spaces, private patios plus enclosed, 2-car garages and range from 1,141 to 1,674sf. Encouraging an indoor/outdoor living environment, a gated, large interior courtyard with seating and bbq areas, welcomes residents, invites relaxation and provides a place in which to unwind and interact. Zoned RM – Residential Multifamily, the property is less than a stone’s throw from access to recreation on the bay or an easy jaunt into the Lido Village to enjoy a meal. This offering has the potential for vacation-rental income, long-term stays or even as a family compound. An added benefit is the “Lido lifestyle”. The community of Lido Isle offers tennis, sailing, beaches, clubhouse and parks as a perk of the HOA.
Property Type(s): Residential Income
Last Updated 2/21/2019 Tract Lido Island (LIDO)
Year Built 1958 Community N8 - West Newport - Lido
County Orange

Additional Details

AIR Central Air
AIR CONDITIONING Yes
APPLIANCES Dishwasher, Disposal, Freezer, Gas Cooktop, Microwave, Refrigerator
AREA N8 - West Newport - Lido
FIREPLACE Yes
HEAT Forced Air
INTERIOR Cathedral Ceiling(s), Ceiling Fan(s)
LOT 9313 sq ft
LOT DESCRIPTION 0-1 Unit/Acre
POOL DESCRIPTION None
SEWER Public Sewer
SUBDIVISION Lido Island (LIDO)
UTILITIES Cable Available,Electricity Connected,Natural Gas Connected,Phone Available,Sewer Connected,Water Connected
VIEW DESCRIPTION None
WATER Public

Location

 

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Listing provided by : Jon Flagg CalDRE: 01316048, Villa Real Estate

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Based on information from California Regional Multiple Listing Service, Inc. as of 5/25/19 11:11 PM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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