$3,740,529 - $5,044,000
RENTED MAY 1, 2025
5 Beds
4 Baths
2,501 Sq Ft
$1,828 Price per Sq Ft

Highlights

  • Bay View
  • Open Floorplan
  • Property is near a clubhouse
  • Newport Elementary School Rated A
  • Clubhouse
  • 1-minute walk to Degrassi Park

About This Home

As of May 2025

Recently improved with new air conditioning, plumbing, flooring, and appliances, this light and bright YEARLY LEASE with a prime location on LIDO ISLE has two bedrooms and a full bath on the first floor! Its versatile floor plan with 4 FULL BATHS can be configured as 5 bedrooms OR 4 bedrooms and an office OR 3 bedrooms with a family room and an office. Directly across the street from San Remo Park, the San Remo children's playground, community tennis courts and steps from the residents' private clubhouse and boat docks, this home has one of the most convenient locations on LIDO ISLE. Wide plank flooring graces the entry and was added throughout the first level. The open floor plan with a spacious living room has a recently rebuilt marble gas fireplace and a formal dining room. Recessed lights and updated pendant lighting in the dining room give this home a contemporary feel, perfect for entertaining. The sunny kitchen with a breakfast nook has white cabinets, a NEW cooktop, tile flooring and stainless appliances including a built in refrigerator, oven, microwave, dishwasher, and built in wine refrigerator. French doors from the living room and one of the downstairs bedrooms lead to a private brick patio. The landlord completed installation of a NEW AIR CONDITIONING SYSTEM, NEW WATER HEATER, and NEW TOTAL PLUMBING/REPIPE in recent weeks. Upstairs, enjoy a glorious master suite and master bath that includes a walk in shower, separate jacuzzi tub, vanity with double sinks, and a generous walk in closet. Two additional bedrooms, each with private baths, have double closets and an exterior door leading to a spacious outdoor balcony with peek a boo harbor/ocean views. Plantation shutters are throughout both levels. Home has central heating and air conditioning, and built in cabinets creating extra storage. An oversized attached two car garage gives direct access to the house. Enjoy the prestigious LIDO LIFESTYLE with unprecedented convenience on one of LIDO's most premier streets.

Last Agent to Rent the Property

Debby Mathison

Berkshire Hathaway HomeService Brokerage Phone: 949-910-9350 License #01922352 Listed on: 01/29/2025

Berkshire Hathaway HomeService

Last Renter's Agent

Debby Mathison

Berkshire Hathaway HomeService Brokerage Phone: 949-910-9350 License #01922352 Listed on: 01/29/2025

Berkshire Hathaway HomeService

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,510

Year Built

  • Built in 1981

Lot Details

  • 2,640 Sq Ft Lot
  • Fenced
  • Fence is in good condition
  • Level Lot
  • Sprinkler System
  • Front Yard
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Rear-Facing Garage

Property Views

  • Bay
  • Peek-A-Boo

Home Design

  • Turnkey
  • Brick Exterior Construction
  • Composition Roof
  • Flagstone
  • Stucco

Interior Spaces

  • 2,501 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Plantation Shutters
  • French Doors
  • Living Room with Fireplace
  • Dining Room
  • Storage

Kitchen

  • Breakfast Area or Nook
  • Electric Oven
  • Built-In Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level
  • 4 Full Bathrooms
  • Makeup or Vanity Space
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage
  • Washer and Electric Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Brick Porch or Patio
  • Exterior Lighting

Schools

  • Newport Elementary School
  • Ensign Middle School
  • Newport Harbor High School

Additional Features

  • Property is near a clubhouse
  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $10,500
  • Rent includes association dues
  • 12-Month Minimum Lease Term
  • Available 1/28/25
  • Tax Lot 184
  • Tax Tract Number 907
  • Assessor Parcel Number 42324606
  • Seller Considering Concessions

Community Details

Overview

  • Property has a Home Owners Association
  • Lido Island Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,510

Year Built

Built in 1981

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Pet Deposit, Security Deposit
  • Available Date: 2025-01-28
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Security: 10500
  • Furnished: Unfurnished
  • Pets Allowed: Call
  • Transfer Fee Paid By: Owner

Listing Details

  • Structure Type: House
  • Other Phone Description: 9499109350
  • Property Attached: No
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Lido Island (LIDO)
  • View: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 42324606
  • Year Built: 1981
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2501.00 Square Feet
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Crown Molding, Open Floorplan, Pantry, Recessed Lighting, Storage, Tile Counters, Unfurnished
  • Stories: 2
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Eating Area: Breakfast Nook, Dining Room
  • Entry Level: 1
  • Fireplace Features: Living Room, Gas
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 3.92
  • Room Type: Living Room, Main Floor Bedroom, Walk-In Closet
  • Window Features: Plantation Shutters
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Double Sinks In Primary Bath, Exhaust Fan(s), Main Floor Full Bath, Vanity Area, Walk-In Shower
  • Room Kitchen Features: Tile Counters

Exterior Features

  • Patio: Yes
  • View: Bay, Peek-A-Boo
  • Fence: Yes
  • Fencing: Good Condition
  • Patio And Porch Features: Brick, Patio
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Brick, Flagstone, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage, Garage Faces Rear
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Connected, Water Available
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Electric Oven, Electric Cooktop, Disposal, Ice Maker, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: Electric Dryer Hookup, In Garage, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Tennis Court(s), Clubhouse
  • Senior Community: No
  • Community Features: Curbs, Park, Sidewalks, Street Lights

Schools

  • School District: Newport Mesa Unified
  • Elementary School: Newport
  • Middle School: Ensign
  • High School: Newport Harbor
  • Elementary School: Newport
  • High School: Newport Harbor
  • Middle Or Junior School: Ensign
  • Elementary School #2: NEWPOR
  • High School2: NEWHAR

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre, Close to Clubhouse, Front Yard, Level with Street, Sprinkler System, Walkstreet
  • Lot Size Sq Ft: 2640.00
  • Lot Size Acres: 0.0606

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Lot Size Area: 2640.0000 Square Feet
  • Number Of Units Total: 1
  • Rent Includes: Association Dues

Tax Info

  • Tax Census Tract: 629.00
  • Tax Lot: 184
  • Tax Tract Number: 907

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 7, 2003
Sold by
Jacobs Lois
Bought by
Jacobs Lois and Gerald & Lois Jacobs Family Trust
Current Estimated Value
$4,571,843

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Outstanding Balance
$21,670
Interest Rate
5.29%
Mortgage Type
Credit Line Revolving
Estimated Equity
$4,538,267

Purchase Details

Closed on
Jul 9, 2003
Sold by
Hernandez Jose L and Hernandez Teresa A
Bought by
Jacobs Lois

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Outstanding Balance
$21,670
Interest Rate
5.29%
Mortgage Type
Credit Line Revolving
Estimated Equity
$4,538,267

Purchase Details

Closed on
May 22, 2002
Sold by
Hernandez Jose L and Hernandez Teresa A
Bought by
Hernandez Jose L and Hernandez Teresa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Interest Rate
5.81%

Purchase Details

Closed on
Nov 2, 1999
Sold by
Hernandez Jose L and Hernandez Teresa A
Bought by
Hernandez Jose L and Hernandez Teresa A

Purchase Details

Closed on
Sep 3, 1997
Sold by
Robert Apramian and Robert Gloria E
Bought by
Hernandez Jose L and Hernandez Teresa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Interest Rate
7.75%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Jacobs Lois -- --
Jacobs Lois $1,200,000 Orange Coast Title
Hernandez Jose L -- Chicago Title Co
Hernandez Jose L -- Chicago Title Co
Hernandez Jose L -- --
Hernandez Jose L $630,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jacobs Lois $50,000
Open Jacobs Lois $750,000
Previous Owner Hernandez Jose L $640,000
Previous Owner Hernandez Jose L $630,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2025 05/01/25 Rented $9,800 -6.7% --
04/17/2025 04/17/25 Under Contract -- -- --
03/16/2025 03/16/25 Price Changed $10,500 -4.5% $4 / Sq Ft
03/03/2025 03/03/25 Price Changed $11,000 -4.3% $4 / Sq Ft
01/29/2025 01/29/25 For Rent $11,500 -98.2% --
07/31/2018 07/31/18 Rented $650,000 +9601.5% --
06/02/2018 06/02/18 For Rent $6,700 +15.5% --
06/10/2015 06/10/15 Rented $5,800 0.0% --
05/11/2015 05/11/15 Under Contract -- -- --
04/28/2015 04/28/15 For Rent $5,800 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,510 $212,336 $82,985 $129,351
2024 $2,510 $208,173 $81,358 $126,815
2023 $2,446 $204,092 $79,763 $124,329
2022 $2,400 $200,091 $78,199 $121,892
2021 $2,355 $196,168 $76,666 $119,502
2020 $2,331 $194,157 $75,880 $118,277
2019 $2,288 $190,350 $74,392 $115,958
2018 $2,243 $186,618 $72,933 $113,685
2017 $2,204 $182,959 $71,503 $111,456
2016 $2,156 $179,372 $70,101 $109,271
2015 $2,133 $176,678 $69,048 $107,630
2014 $2,082 $173,218 $67,696 $105,522
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC25019461

California Regional Multiple Listing Service (CRMLS)

APN: 423-246-06