S
Seller's Agent in 2021
Steven Brombal
Kidder Mathews of California, Inc
111 Via Florence Newport Beach, CA 92663
Lido Isle Neighborhood
6
Beds
5
Baths
3,520
Sq Ft
4,273
Sq Ft Lot
Highlights
- Fishing
- Laundry Room
- Landscaped
- Newport Elementary School Rated A
- Tile Flooring
- 3-minute walk to Genoa Park
About This Home
As of April 2021BACK ON MARKET - $325,000 Price Reduction. Lido Isle 5 is offered through probate, however no court confirmation is required. The listing Brokers are in direct communication with the trustee overseeing the sale. Beneficiaries are motivated to sell. The building, like may on the Isle, has a very private large courtyard for residents use. Residents have creatively decorated under the upstairs overhang to create quaint outdoor sitting spaces. The property has a Mediterranean-style tile pitched roof and (5) enclosed garages; there are three hot water heaters. The property features (4) large one-bedroom, one-bath residences and (1) two-bedroom, one-bath unit which is upstairs and has a fireplace and separate dinning room. All unit interiors are very spacious and charming. There are vinyl windows throughout the building and each unit has panel ray heat. There is some level of interior upgrades including scrapped ceilings, crown molding, and newer kitchen granite counter top and cabinets. Some unit interiors feature marble tile entry, kitchen and bath flooring. The property and grounds are exceptionally clean and a pride of residency is evident by tenants as well. The building is mastered metered for utilities accentuating that rental rates are extremely low. Ownership has resided in Northern California, and there is a 3rd party management company overseeing the building. As a result, rents are significantly under market. Email the Listing Broker for a Marketing Brochure.
Last Agent to Sell the Property
Steven Brombal
Kidder Mathews of California, Inc License #00972129 Listed on: 12/04/2020
Last Buyer's Agent
Joshua Rhee
Kidder Mathews of California, Inc License #01914094
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1948
Lot Details
- 4,273 Sq Ft Lot
- Two or More Common Walls
- Block Wall Fence
- Landscaped
HOA Fees
- $128 Monthly HOA Fees
Parking
- 5 Car Garage
- Parking Available
- Rear-Facing Garage
- Two Garage Doors
Home Design
- Apartment
- Wood Siding
- Stucco
Interior Spaces
- 3,520 Sq Ft Home
- Living Room with Fireplace
- Laundry Room
Kitchen
- Gas Oven
- Gas Range
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- 5 Bathrooms
Outdoor Features
- Exterior Lighting
Utilities
- Wall Furnace
- Gas Water Heater
Listing and Financial Details
- Tax Lot 979
- Tax Tract Number 907
- Assessor Parcel Number 42316303
Community Details
Overview
- 5 Units
- Lido Island Subdivision
Amenities
- Laundry Facilities
Recreation
- Fishing
- Water Sports
Building Details
- Rent Control
- 1 Separate Electric Meter
- 1 Separate Gas Meter
- 1 Separate Water Meter
- New Taxes Expense $37,847
- Operating Expense $55,329
- Gross Income $10,070
- Net Operating Income $60,678
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/23/2021 04/23/21 | Sold | $2,962,500 | -9.5% | $842 / Sq Ft |
| 02/23/2021 02/23/21 | Pending | -- | -- | -- |
| 01/19/2021 01/19/21 | Price Changed | $3,275,000 | -9.0% | $930 / Sq Ft |
| 12/04/2020 12/04/20 | For Sale | $3,600,000 | 0.0% | $1,023 / Sq Ft |
| 12/17/2014 12/17/14 | Rented | $1,895 | 0.0% | -- |
| 12/17/2014 12/17/14 | For Rent | $1,895 | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Agents Affiliated with this Home
-
-
J
Buyer's Agent in 2021
Joshua Rhee
Kidder Mathews of California, Inc
-
B
Seller's Agent in 2015
Brandie Roach
APG Properties
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC20251545
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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