$3,400,000
$3,250,000
4.6%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
4 Baths
4,025 SqFt
SOLD DATE : 07/06/2021
Key Details
Sold Price $3,400,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,025 sqft
Price per Sqft $844
Subdivision Lido Island (Lido)
MLS Listing ID NP21110991
Sold Date 07/06/21
Bedrooms 4
Full Baths 4
Construction Status Repairs Cosmetic
HOA Fees $113/ann
HOA Y/N Yes
Year Built 1953
Lot Size 3,920 Sqft
Acres 0.09
Property Description
Just steps to the bay and beach, and a short stroll to Lido Marina Village, this generously proportioned Lido Isle triplex presents a wonderful investment opportunity perfectly positioned on Lido Isle. Located at the western “apex” tip of Lido Isle, the property holds 3 separate addresses and wraps around Via Lido Soud and Via Lido Nord with its premier location. The upper unit spans approx. 1900 sqft and features a mid-century flair with high-beamed ceilings, a central woodburning fireplace, and expansive light, bright living spaces. Features include 2 generous-sized bedrooms, 2 bathrooms, a sunny kitchen with granite counters and adjoining eating area, a separate laundry area, and 2 large west-facing patios for lounging. The 2 lower-level units mirror each other, and each offers an open living area with high-pitched ceilings, a central wood-burning fireplace, 1 bedroom, 1 bath, dialed-in kitchens, a generously sized patio, separate laundry, and an attached garage. Additionally, there are 2 carports on the property. This is a wonderful income opportunity that is uniquely well-suited for an owner/resident to enjoy the upper unit and benefit from the income below. Lido amenities include a private clubhouse and beach, 3 tennis courts, and grassy parks. Don’t let this one pass you by!
Location
State CA
County Orange
Area N8 - West Newport - Lido
Rooms
Main Level Bedrooms 2
Ensuite Laundry Washer Hookup, Gas Dryer Hookup, Laundry Room, See Remarks
Interior
Interior Features Beamed Ceilings, Balcony, Ceiling Fan(s), Granite Counters, High Ceilings, Open Floorplan, All Bedrooms Up
Laundry Location Washer Hookup,Gas Dryer Hookup,Laundry Room,See Remarks
Heating Central, Forced Air, Fireplace(s)
Cooling None
Flooring Carpet, Stone
Fireplaces Type Living Room, See Remarks
Fireplace Yes
Appliance Dishwasher, Gas Cooktop, Gas Range, Refrigerator, Dryer, Washer
Laundry Washer Hookup, Gas Dryer Hookup, Laundry Room, See Remarks
Exterior
Garage Attached Carport, Direct Access, Door-Single, Garage
Garage Spaces 3.0
Carport Spaces 2
Garage Description 3.0
Fence Average Condition, Stone, Wrought Iron
Pool None
Community Features Biking, Curbs, Gutter(s), Storm Drain(s), Street Lights, Sidewalks, Water Sports
Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Underground Utilities, Water Connected
Amenities Available Clubhouse, Sport Court, Dock, Management, Outdoor Cooking Area, Barbecue, Playground, Security, Tennis Court(s)
Waterfront Description Across the Road from Lake/Ocean
View Y/N Yes
View Bay, Neighborhood, Peek-A-Boo, Water
Roof Type Spanish Tile
Accessibility None
Parking Type Attached Carport, Direct Access, Door-Single, Garage
Attached Garage Yes
Total Parking Spaces 5
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story Two
Entry Level Two
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Mid-Century Modern, Traditional
Level or Stories Two
New Construction No
Construction Status Repairs Cosmetic
Schools
School District Newport Mesa Unified
Others
HOA Name Lido Isle Homeowners Association
Senior Community No
Tax ID 42313202
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange
Listing Terms Cash, Cash to New Loan, 1031 Exchange
Financing Cash
Special Listing Condition Standard
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Bought with Casey Lesher • Coldwell Banker Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "