Newport Beach, CA 92663,502 Clubhouse AVE

$1,820,000

Est. payment /mo

$1,989,000

8.5%
Est.Price: ?

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502 Clubhouse AVE Newport Beach, CA 92663

6 Beds

6 Baths

2,451 SqFt

SOLD DATE : 06/19/2019

Key Details

Sold Price $1,820,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,451 sqft

Price per Sqft $742

Subdivision Lido Peninsula (Lipn)

MLS Listing ID PV19045340

Sold Date 06/19/19

Bedrooms 6

Full Baths 5

Half Baths 1

Construction Status Turnkey

HOA Y/N No

Year Built 1998

Lot Size 2,613 Sqft

Acres 0.06

Property Description

Where the renown beach culture meets the vibrant and sophisticated Newport Beach lifestyle, discover this Upper Peninsula property at the heart of the revitalized Lido Marina Village neighborhood. Beautifully maintained, this duplex features 6 bedrooms, 5.5 bathrooms, 2,451 sqft, on a 2,801 sqft lot. The larger front unit offers 3 bedrooms bathed in natural light with high ceilings, 2.5 baths, a spacious living room that opens to the patio with views of the neighborhood, a well appointed kitchen and dining area, and approximately 1,400 sq. ft of living space. The rear unit offers 3 bedrooms and 3 full bathrooms, bright and sunny living areas with high vaulted ceilings. The large 3rd bedroom suite on the ground floor is separately metered with its own access, a private patio, and could be a 3rd unit. All units have newly painted interiors, new carpet throughout, 2-car garage and 2-tandem parking spots, and laundry in each unit. In the Finley Tract, steps to the canals, a few blocks to the beach, and across from the chic and luxurious Lido House Hotel, the redeveloped Lido Marina Village, amazing shopping, restaurants, entertainment, and with convenient access to the Pacific Coast Highway and Newport Blvd. This is a tremendous opportunity with the versatility for owner-occupancy with rental income, short-term vacation rentals, and potentially a condominium conversion. At the center of Newport Beach’s premier destination - invest, live, and thrive with 502 Clubhouse Avenue.

Location

State CA

County Orange

Area N8 - West Newport - Lido

Rooms

Main Level Bedrooms 3

Ensuite Laundry Laundry Closet

Interior

Interior Features Balcony, Granite Counters, Storage, Solid Surface Counters, Tile Counters, Bedroom on Main Level, Main Level Master, Multiple Master Suites

Laundry Location Laundry Closet

Heating Central

Cooling None

Flooring Carpet, Tile

Fireplaces Type None

Fireplace No

Appliance Dishwasher, Gas Cooktop, Gas Range, Microwave, Water Heater

Laundry Laundry Closet

Exterior

Garage Spaces 2.0

Carport Spaces 2

Garage Description 2.0

Fence Block, Wood

Pool None

Community Features Street Lights

Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected

Waterfront Description Across the Road from Lake/Ocean,Navigable Water,Ocean Side Of Freeway,Ocean Side Of Highway

View Y/N Yes

View Neighborhood

Roof Type Composition

Attached Garage No

Total Parking Spaces 4

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 2

Entry Level Two

Foundation Slab

Sewer Public Sewer

Water Public

Architectural Style Contemporary, Traditional

Level or Stories Two

New Construction No

Construction Status Turnkey

Schools

School District Newport Mesa Unified

Others

Senior Community No

Tax ID 42310123

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Acceptable Financing 1031 Exchange

Listing Terms 1031 Exchange

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Edward Barrios • Vista Sotheby's Int'l Realty
Bought with Edward Barrios • Vista Sotheby's Int'l Realty

Rick J Lee

Agent | License ID: 02130981

+1(714) 943-1598

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