Skip To Content

    622 Clubhouse Avenue

    Newport Beach, CA 92663
    • $2,395,000
    • STATUS: Active
    • ON SITE: 167 days
    • ID#: NP20229881
    UPDATED: 48 min ago
    $2,395,000
    • 0
      BEDS
    • 0.1
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,900
      SQFT
    • $1,261
      $/SQFT
    Type:
    Multi-Family
    Built:
    1955
    County:

    School Ratings & Info

    Description

    $200,000. Price Improvement on 3/1/2021...Extraordinary opportunity in the heart of Newport Beach, where this ultra-rare four-plex offers a prime location across the harbor from the new upscale Lido Marina Village. Located at the end of a quiet and very private cul-de-sac, the rare double lot features water views from both lots and can be kept as an income-producing investment or completely redeveloped. The site can easily accommodate two single-family homes, without dealing with the Californias new SB 330 housing requirements. Imagine creating an enviable Newport Beach paradise within moments of Lido Marina Villages boutiques, cafs and restaurants, miles of world-renowned beaches, recreation, top-rated schools, Orange County Airport and Hoag Hospital. Spanning approximately 4,312 square feet, the double lot is currently home to an income-producing four-plex, with each residence has 1 parking spot and there is also a 2 car garage included. This property can be combined with 626 & 620 Clubhouse for 5 contiguous lots! Opportunities as rare as this come but once in a lifetime...dont let it pass you by.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-04-17T13:27:47.723. 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 deemed reliable but is not guaranteed accurate by the MLS or Realty Masters & Associates. Licensed in the State of California, USA.
    www.mckeeregroup.com/homes/111512826
    Print Image

    622 Clubhouse Avenue Newport Beach, CA 92663

    • Price: $2,395,000
    • Status: Active
    • Updated: 48 min ago
    • ID#: NP20229881
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.1
    Acres
    1,900
    SQFT
    $1,261
    $/SQFT
    1955
    Built
    Neighborhood:
    West Newport Beach (Wsnb)
    County:
    Orange
    Area:
    N8 - West Newport - Lido
    Property Description
    $200,000. Price Improvement on 3/1/2021...Extraordinary opportunity in the heart of Newport Beach, where this ultra-rare four-plex offers a prime location across the harbor from the new upscale Lido Marina Village. Located at the end of a quiet and very private cul-de-sac, the rare double lot features water views from both lots and can be kept as an income-producing investment or completely redeveloped. The site can easily accommodate two single-family homes, without dealing with the Californias new SB 330 housing requirements. Imagine creating an enviable Newport Beach paradise within moments of Lido Marina Villages boutiques, cafs and restaurants, miles of world-renowned beaches, recreation, top-rated schools, Orange County Airport and Hoag Hospital. Spanning approximately 4,312 square feet, the double lot is currently home to an income-producing four-plex, with each residence has 1 parking spot and there is also a 2 car garage included. This property can be combined with 626 & 620 Clubhouse for 5 contiguous lots! Opportunities as rare as this come but once in a lifetime...dont let it pass you by.
    Exterior Features

    Direction Faces Southwest Lot Features Cul-De-SacLevelRectangular Lot Number Of Separate Electric Meters 4 Parking Total 0 Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Common Walls 2+ Common Walls

    Property Features

    Additional Parcels YN No Common Interest None Community Features Water Sports Electric Expense 0 Fuel Expense 0 Garage YN No Gross Income 87600 Gross Scheduled Income 87600 Insurance Expense 0 Land Lease YN No Laundry Features Common Area Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash To New Loan Net Operating Income 0 New Construction YN No New Taxes Expense 0 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Number Of Units Leased 4 Operating Expense 0 Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Actual Rent 7300 Trash Expense 0 Water Sewer Expense 0 Water Source Public

    Listing provided courtesy of Christopher Parr of Douglas Elliman Of California,


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-04-17T13:27:47.723. 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 deemed reliable but is not guaranteed accurate by the MLS or Realty Masters & Associates. Licensed in the State of California, USA.
     
    https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_364936870-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_364936870-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_364936870-1.jpg
    Logo
    Realty Masters & Associates
    2900 Adams St #A-420
    Riverside CA, 92504