626 Clubhouse Ave, Newport Beach, CA 92663

$400,000. Price Improvement on 3/1/2021...Act quickly to take advantage of this extraordinary waterfront 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 cul-de-sac, the rare double lot features a 50' boat slip and can be kept as an income-producing investment or completely redeveloped. Imagine creating an enviable waterfront paradise within moments of Lido Marina Villages boutiques, cafés and restaurants, miles of world-renowned beaches, recreation, top-rated schools, Orange County Airport and Hoag Hospital. Spanning approximately 7,850 square feet, the double lot is currently home to an income-producing four-plex. New decking and upgraded electrical was added in 2019. Three units offer 2 bedrooms and 1 bath, and one hosts 3 bedrooms and 2.5 baths. Opportunities as rare as this come but once in a lifetime...dont let it pass you by.