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505 Clubhouse Avenue, Newport Beach, CA 92663
$2,000,000
505 Clubhouse Avenue, Newport Beach, CA 92663View this property at 505 Clubhouse Avenue, Newport Beach, CA 92663
505 Clubhouse AvenueNewport BeachCA92663
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Property Description
BEST PRICED INCOME PROPERTY IN THE PENINSULA! Location, Location, Location... This amazing income property has everything you are looking for. Conveniently located across from Lido Marina Village and Lido House Hotel. Surrounded by, Newport Harbor, world class beaches, top notch dining and entertainment. This amazing property is zoned R2 and allows for long term, short term, and vacation rent. The main unit is a 2 bedrooms one bath all on the lower level, no steps or stairs, amazing oversized patio. The back unit is an oversized one bedroom one bathroom, open floor plan with fireplace, walk in closet, oversized bathroom with jacuzzi bathtub, and a large roof deck patio with 360 degrees views of Newport Beach. Keep this property as is or converted into 2 new condos, the potential is endless.
Full Property Details
Full Property Details for 505 Clubhouse Ave
General
- Sold For: $2,000,000
- Status: Closed
- Type: Multi-Family
- MLS ID: NP21197039
- Added to Site: 960 day(s) ago
Interior
- Fireplace(s): Family Room, Master Bedroom, Master Retreat
- Flooring: Stone, Wood
Rooms
Other Rooms
- Laundry: In Garage
Additional Information
- Pool Description: None
Parking
- Garage Spaces: 2
- Parking Features: Garage Faces Rear
- Parking: Garage Faces Rear
Location
- Area: N8 - West Newport - Lido
- County: Orange
- Development Name: N8 - West Newport - Lido
- Driving Directions: Newport /Lido/Short/ Finley
Heating & Cooling
- Cooling Type: None
- Heating Type: Fireplace(s), See Remarks
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 1
- # Electric Meters: 1
Structural Information
- Entry Location: Front and Back
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 1,700
- Year Built: 1946
Unit Information
Unit 1
- Number of Units: 2
- Total Bathrooms: 2
- Bedrooms: 3
Lot Features
- Property View: Coastline, Neighborhood
- Lot Size (Acres): 0.0654
- Lot Size Source: Estimated
- Zoning: R2
- Lot Description: Patio Home
Financial Considerations
- Price Per Sq. Ft.: $1,176.47
- Price Per Unit: 1125000
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2%
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Schools
Schools serving 505 Clubhouse Ave
School District:Newport-Mesa Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
1327 W Balboa Blvd, Newport Beach, CA 92661 | K-6 | 1.1 mi | |
2000 Cliff Dr, Newport Beach, CA 92663 | 7-8 | 0.8 mi | |
600 Irvine Ave, Newport Beach, CA 92663 | 9-12 | 1.1 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 505 Clubhouse Ave
Date
Details
Price
Change
Source
12/20/2021
Sold
$2,000,000
-11.11%
MLS
10/13/2021
Price Reduced
$2,250,000
-2.17%
MLS
10/08/2021
Price Reduced
$2,299,999
-2.13%
MLS
10/06/2021
Price Reduced
$2,350,000
-1.67%
MLS
10/03/2021
Price Reduced
$2,390,000
-3.54%
MLS
9/13/2021
Listed
$2,477,777
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
505 Clubhouse Avenue, Newport Beach, CA 92663 (MLS# NP21197039) is a Multi-Family property that was sold at $2,000,000 on December 20, 2021. Want to learn more about 505 Clubhouse Avenue? Do you have questions about finding other Multi-Family real estate for sale in Newport Beach? You can browse all Newport Beach real estate or contact a Coldwell Banker agent to request more information.