NOT LISTED FOR SALE

Estimated Value: $1,668,451 - $2,796,000

2 Beds
1.5 Baths
1,100 Sq Ft
1958 Built

Highlights

  • Laundry Room
  • Central Air
  • 1-minute walk to Lido Park
  • Newport Elementary School Rated A

About This Home

As of March 2019

Welcome to Lido Isle, one of the most coveted neighborhoods in Newport Beach. Freshly remodeled, inside and out, each unit at Lido Commons is a modern masterpiece. Completely custom with luxurious finishes throughout, PLUS each unit has garage access! What more could one want? Upon entry, each 2-story unit is light and airy with large windows, lofty ceilings, planked flooring, sleek gas fireplace, second-floor laundry, ample storage and over-sized closets in each room. Spacious kitchen is an entertainer’s dream. European-inspired custom cabinetry, industrial stainless-steel kitchen appliances, including refrigerator, quartz counter-tops with breakfast bar and generous pantry. Upstairs bathroom has the same contemporary design as the kitchen, plus ample lighting and over-sized walk-in shower. Don’t miss the outdoor inspired living with extra-large, double sliders opening to the beautifully renovated common patio with fire-pit. Conveniently located in the heart of Lido Isle, just a quick walk to the beach, shopping and dining. Come see for yourself, Lido Commons cannot be beat.

Last Agent to Rent the Property

John Rennie

Property Management of SoCal License #01269397 Listed on: 03/15/2019

Last Renter's Agent

Frank Magdaleno

BayBrook Realty License #01374770

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,443

Year Built

  • Built in 1958

Lot Details

  • Two or More Common Walls
  • No Landscaping

Parking

  • 2 Car Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,100 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms

Schools

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

Utilities

  • Central Air
  • Sewer Paid

Community Details

  • Property has a Home Owners Association
  • 7 Units
  • Association Phone (949) 215-5000

Listing and Financial Details

  • Security Deposit $4,200
  • 12-Month Minimum Lease Term
  • Available 3/15/19
  • Tax Lot 1090
  • Tax Tract Number 7001
  • Assessor Parcel Number 93889002

Condo Details

Home Type

Condominium

Est. Annual Taxes

$11,443

Year Built

Built in 1958

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2019-03-15
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Security: 4200
  • Furnished: Unfurnished
  • Transfer Fee Paid By: Tenant

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Lido Island
  • View: No
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 93889002
  • Year Built: 1958
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1100.00 Square Feet
  • Stories: 2
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 3.45
  • Room Type: All Bedrooms Up

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer, Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Phone: 9492155000
  • Senior Community: No
  • Community Features: Curbs

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: No Landscaping

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Management Co: PMOSC Inc
  • Management Co Phone: 949-245-5000
  • Number Of Units In Community: 7
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 629.00
  • Tax Lot: 1090
  • Tax Tract Number: 07001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 12, 2021
Sold by
Dionysus Investments Llc
Bought by
Epi Limited Partnership
Current Estimated Value
$2,125,817

Purchase Details

Closed on
Nov 16, 2018
Sold by
Dionysus Investments Llc
Bought by
Dionysus Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000,000
Interest Rate
4.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 16, 2017
Sold by
Aec Eat Llc
Bought by
Dionysus Investments Llc

Purchase Details

Closed on
May 1, 2017
Sold by
Menges Gregg Eugene
Bought by
Aec Eat Llc

Purchase Details

Closed on
Nov 3, 2009
Sold by
Allan Douglas Marvin and Allan Mary Katherine
Bought by
Allan Douglas M and The Douglas M Allan & Gloria L Orozco Re

Purchase Details

Closed on
Aug 17, 2009
Sold by
Allan Douglas Marvin and Allan Mary Katherine
Bought by
Allan Mary Katherine and Mary Katherine Allan Living Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Epi Limited Partnership $6,550,000 Fidelity National Title
Dionysus Investments Llc -- Fidelity National Title
Dionysus Investments Llc $4,400,000 Fidelity National Title
Aec Eat Llc $4,400,000 Fidelity National Title Comp
Allan Douglas M -- None Available
Allan Mary Katherine -- None Available
Allan Mary Katherine -- None Available
Allan Douglas M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dionysus Investments Llc $10,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2019 03/15/19 Rented $3,800 0.0% --
03/15/2019 03/15/19 For Rent $3,800 -- --
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 $11,443 $1,071,606 $971,510 $100,096
2024 $11,443 $1,050,595 $952,461 $98,134
2023 $11,173 $1,029,996 $933,786 $96,210
2022 $10,985 $1,009,800 $915,476 $94,324
2021 $7,770 $704,289 $617,227 $87,062
2020 $7,695 $697,068 $610,898 $86,170
2019 $7,541 $683,400 $598,919 $84,481
2018 $7,392 $670,000 $587,175 $82,825
2017 $3,082 $259,705 $164,196 $95,509
2016 $3,016 $254,613 $160,976 $93,637
2015 $2,985 $250,789 $158,558 $92,231
2014 $2,916 $245,877 $155,452 $90,425
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC19049332

California Regional Multiple Listing Service (CRMLS)

APN: 938-890-02