Lifestyle. Location. Legacy. Situated on an appx. 9,239 sq. ft. Lido Isle parcel in the heart of Newport Beach, this six-unit condo complex presents a rare investment opportunity for stable, long-term income for generations to come. The fully-occupied building offers tenants a lifestyle beyond compare with Lido Marina Village, surfing, dining, shopping and community amenities (beaches, dog park, playground, basketball and tennis courts, dock and clubhouse privileges) just outside their door. The meticulously maintained building features six spacious units each with their own APN’s, private two-car garages, in-unit laundry, and indoor/outdoor living with access to a gated interior courtyard. All four of the two-bedroom units have been renovated to perfection, showcasing stylish finishes, quality materials, central air, and gourmet kitchens. Given its highly-desirable location, luxe accommodations and many amenities within reach, the income projections for this performing asset reveal a sound long-term investment.
Based on information from California Regional Multiple Listing Service, Inc. as of June 1st, 2020 at 2:26am PDT. 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.