West Newport - Lido (N8) Homes with Triplex Subtype

West Newport - Lido (N8) Homes with Triplex Subtype

Welcome to West Newport - Lido, a picturesque gem nestled in the heart of Newport Beach, California. This charming coastal enclave is renowned for its stunning ocean views, vibrant community, and laid-back lifestyle. With its prime location in Orange County, residents enjoy easy access to pristine beaches, world-class dining, and an array of outdoor recreational activities. Whether you’re strolling along the scenic boardwalk, indulging in fresh seafood at a local eatery, or enjoying a sunset sail in the harbor, West Newport - Lido offers a lifestyle that is hard to resist.

One of the unique features of this area is the availability of triplex homes, which present an exceptional opportunity for both investors and homeowners alike. These properties not only provide multiple living spaces but also come with the potential for rental income, making them a smart choice for those looking to maximize their investment. Imagine living in one unit while renting out the others, or creating a multi-generational living environment where family can thrive together, all within the same property.

The architectural charm of triplex homes in West Newport - Lido is complemented by the area's coastal aesthetic, featuring bright colors and inviting designs that reflect the beachside lifestyle. With a strong sense of community, residents often gather for local events, beach clean-ups, and neighborhood gatherings, fostering connections that make this area feel like home.

If you’re seeking a vibrant coastal lifestyle with the added benefit of investment potential, the triplex homes in West Newport - Lido are an opportunity not to be missed. Experience the perfect blend of comfort, community, and coastal living in one of California’s most desirable locations!

Newest West Newport - Lido (N8) Homes with Triplex Subtype

$8,800,000
7 Beds 5 Baths NP26144262 MLS Active Status
Rare opportunity to own one of Lido Isle's few multifamily zoned bayfront properties. Ideally situated on the coveted bayfront with panoramic harbor views, a sandy beach at your doorstep, and a three-car garage, this triplex offers an exceptional combination of lifestyle, income potential, and long-term value. The property features two waterfront 3-bedroom, 2-bath residences, and a 1-bed, 1-bath apartment above the rear garage. The lower unit includes private laundry and a waterfront patio, while the upper unit enjoys sweeping bay views, a private patio, newly remodeled kitchen and appliances and private laundry. The 1- bedroom apartment has a recently remodeled kitchen with new cabinets and appliances along with a remodeled bath. Further property enhancements still offer the opportunity for further renovation to maximize value. All three units are currently occupied on month-to-month tenancies, providing immediate rental income. Adding to its investment appeal, the owner obtained Short-Term Lodging Permits for both waterfront units, a highly valuable entitlement with limited availability and a lengthy waiting list. While all 3 units are currently on month-month leases, the short permits offer significant future flexibility and potential income opportunities along with opportunities for owner use. Residents enjoy Lido Isle's premier amenities including private beaches, tennis courts, a clubhouse, a yacht club, parks, and playground all just moments from Lido Marina Village, world-class dining, shopping, and Newport Harbor activities. A truly unique opportunity to acquire a rare bayfront income property in one of Newport Beach's most desirable waterfront communities.

439 Via Lido Soud, Newport Beach

$8,800,000
NP26124983 MLS Active Status
Rare opportunity to own one of Lido Isle's few multifamily zoned bayfront properties. Ideally situated on the coveted bayfront with panoramic harbor views, a sandy beach at your doorstep, and a three-car garage, this triplex offers an exceptional combination of lifestyle, income potential, and long-term value. The property features two waterfront 3-bedroom, 2-bath residences, and a 1-bed, 1-bath apartment above the rear garage. The lower unit includes private laundry and a waterfront patio, while the upper unit enjoys sweeping bay views, a private patio, newly remodeled kitchen and appliances and private laundry. The 1- bedroom apartment has a recently remodeled kitchen with new cabinets and appliances along with a remodeled bath. Further property enhancements still offer the opportunity for further renovation to maximize value. All three units are currently occupied on month-to-month tenancies, providing immediate rental income. Adding to its investment appeal, the owner obtained Short-Term Lodging Permits for both waterfront units, a highly valuable entitlement with limited availability and a lengthy waiting list. While all 3 units are currently on month-month leases, the short permits offer significant future flexibility and potential income opportunities along with opportunities for owner use. Residents enjoy Lido Isle's premier amenities including private beaches, tennis courts, a clubhouse, a yacht club, parks, and playground all just moments from Lido Marina Village, world-class dining, shopping, and Newport Harbor activities. A truly unique opportunity to acquire a rare bayfront income property in one of Newport Beach's most desirable waterfront communities.

439 Via Lido Soud, Newport Beach

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.