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$8,800,000

Est. payment - /mo

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7 Beds

5 Baths

3,378 SqFt

New

439 Via Lido Soud Newport Beach, CA 92663

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Wendy Carter

wendy@wendycarter.com +1(858) 716-6750

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Key Details

Property Type Single Family Home

Sub Type All Other Attached

Listing Status Active

Purchase Type For Sale

Square Footage 3,378 sqft

Price per Sqft $2,605

Subdivision Lido Island (Lido)

MLS Listing ID NP26144262

Bedrooms 7

Full Baths 5

HOA Fees $1,800/ann

Year Built 1953

Lot Size 2,810 Sqft

Property Sub-Type All Other Attached

Property Description

Rare opportunity to own one of Lido Isle's few multifamily zoned bayfront properties. Ideally situated on the coveted bayfront with panoramic harbor views, a sandy beach at your doorstep, and a three-car garage, this triplex offers an exceptional combination of lifestyle, income potential, and long-term value. The property features two waterfront 3-bedroom, 2-bath residences, and a 1-bed, 1-bath apartment above the rear garage. The lower unit includes private laundry and a waterfront patio, while the upper unit enjoys sweeping bay views, a private patio, newly remodeled kitchen and appliances and private laundry. The 1- bedroom apartment has a recently remodeled kitchen with new cabinets and appliances along with a remodeled bath. Further property enhancements still offer the opportunity for further renovation to maximize value. All three units are currently occupied on month-to-month tenancies, providing immediate rental income. Adding to its investment appeal, the owner obtained Short-Term Lodging Permits for both waterfront units, a highly valuable entitlement with limited availability and a lengthy waiting list. While all 3 units are currently on month-month leases, the short permits offer significant future flexibility and potential income opportunities along with opportunities for owner use. Residents enjoy Lido Isle's premier amenities including private beaches, tennis courts, a clubhouse, a yacht club, parks, and playground all just moments from Lido Marina Village, world-class dining, shopping, and Newport Harbor activities. A truly unique opportunity to acquire a

Location

State CA

County Orange

Direction From Via Lido go right on Via Lido Soud

Interior

Fireplaces Type FP in Family Room

Fireplace No

Exterior

Garage Spaces 3.0

Amenities Available Security

View Y/N Yes

Water Access Desc Public

View Bay, Water

Total Parking Spaces 3

Building

Story 2

Sewer Public Sewer

Water Public

Level or Stories 2

Others

HOA Name Lido Isle Community Assoc

HOA Fee Include Security

Senior Community No

Tax ID 42317201

Acceptable Financing Cash, Exchange, Cash To New Loan

Listing Terms Cash, Exchange, Cash To New Loan

Special Listing Condition Standard

Listed by Chris Brigandi, DRE#00982965 Arbor Real Estate

Nearby School & Business

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Wendy Carter

Real Estate Agent | CA DRE#02059416

+1(858) 716-6750

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