505 Clubhouse Avenue

Newport Beach, CA 92663

$2,000,000
Last Sold Price
3
Beds
4
Baths
1,700 Sq. Ft.
$1,176 / Sq. Ft.
1,700
Sq. Ft.
$1,176
per Sq. Ft.

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....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.

Listing Agent

  1. Ingrid Yankauskas

    Ingrid Yankauskas

    Listing Agent

    Compass

    DRE #01492120

Property Details for 505 Clubhouse Avenue

View
Coastline, Neighborhood
Parking Spaces Total
2
Private Pool
No
Cooling Type
N/K
Total Units
2.0
Building Type
Attached
Lot Size Source
Estimated
Living Area
1700

Location

Listing Courtesy of Coldwell Banker Realty, Ingrid Yankauskas, DRE #01492120

Sold By Broker One Realty Group, Victor Paredes, DRE #01224586

Add your commute
LISTING UPDATED: 12/20/2021 10:59 AM

Property Details for 505 Clubhouse Avenue

StatusClosed
MLS #NP21197039
Days on Market34
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1946
Lot Size0.07 AC / 2,850 SF
CountyOrange County

Location

Listing Courtesy of Coldwell Banker Realty, Ingrid Yankauskas, DRE #01492120

Sold By Broker One Realty Group, Victor Paredes, DRE #01224586

Add your commute

Building Information for 505 Clubhouse Avenue

Stories2Residences-Year Built1946Building Size-Lot Size0.07 AC / 2,850 SF

Payment Calculator

$12,729 per month

30 year fixed, 7.25% Interest

Principal and Interest

$10,915

Property Taxes

$1,814

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 505 Clubhouse Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
  • Financing: Exchange
Expense Details
  • Operating Expense: $0
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $0
Tax / Assessment Info
  • Tax Block: 534
  • Tax Tract Number: 164
  • Tax Census Tract: 635.00
  • CFD/Mello-Roos Fee: $360
  • Tax Lot: 10
Community / Development
Community / Development
  • Community Features: Biking, Curbs, Fishing, Sidewalks, Storm Drains
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: In Garage
  • Fireplace Features: Family Room, Master Bedroom, Master Retreat
  • Fireplace Rooms: Family Room, Master Bedroom, Master Retreat
  • Cooling: None
  • Heating Type: Other
  • Heating: Fireplace(s), See Remarks
  • Heat Equipment: Fireplace, Other/Remarks
  • Flooring: Stone, Wood
Exterior Features
  • Entry Location: Front and Back
  • View Description: Coastline
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Patio Home
  • Number Of Units: 2
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking: Yes
  • Parking Garage Spaces: 2
  • Carport Spaces: 0
  • Parking Features: Garage Faces Rear
Property / Structure Info
  • Builders Tract Name: Lido Peninsula
  • Builders Tract Code: Lido Peninsula (LIPN)
Unit Information
Unit 1
  • Unit Type Units Total: 2
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 0
  • Unit Type Type: 1
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1

Property History for 505 Clubhouse Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 505 Clubhouse Avenue

Taxable ValueLand$1,922,946Additions$117,054Total$2,040,000
Tax Record2023$21,765 ($1,814 / month)
Home Facts
Beds2Baths2Total Finished SqFt1,799 SqFtAbove Grade Finished SqFt1,799 SqFtStories1Lot Size2,850 SqFtStyleSingle Family ResidenceYear Built1940CountyORANGEAPN423-091-11

Schools near 505 Clubhouse Avenue

This home is within Newport-Mesa Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Newport Elementary School
PublicK to 6

Horace Ensign Intermediate School
Public7 to 8

Newport Harbor High School
Public9 to 12

Monte Vista High School
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Realty, Ingrid Yankauskas, DRE #01492120

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.