$1,599,999

Estimated payment $9,851/month

Total Views 626
3 Beds
2 Baths
1,050 Sq Ft
$1,524 Price per Sq Ft

Highlights

  • Updated Kitchen
  • Open Floorplan
  • Property is near public transit
  • Newport Elementary School Rated A
  • Cape Cod Architecture
  • Wood Flooring

About This Home

**Turnkey Short-Term Rental Opportunity with Transferable Newport Beach STR Permit!**

Rarely available, this fully remodeled 3 bed / 2 bath lower-level condo is being sold as an active and established short-term rental, complete with a coveted transferable Newport Beach short-term rental permit—making it a true plug-and-play investment. Purchase price includes all furnishings, linens, dishes, toys games and supplies needed for ongoing operation. The upcoming Thanksgiving and Christmas holidays have been peak rental periods, complete the permit transfer and start cash flowing.
This home emphasizes traditional beach charm with modern amenities and upgrades from a complete 2014–2015 renovation. The upgrades include energy-efficient windows, custom built-ins, a stone-faced gas fireplace with slate hearth, and smart heating powered by Nest. The kitchen features white soft-close cabinetry, stone backsplash, leather-finished granite countertops, a center breakfast and dining island and stainless steel appliances, all accented by engineered hardwood flooring. Bedrooms include new closet organizers, custom doors, and ceiling fans. Bathrooms are upgraded with porcelain tile, rock accents, glass curved shower doors, mold-resistant drywall, and water-efficient fixtures. Additional highlights include a nearly new washer/dryer, a two-car tandem garage with storage, and a spacious corner-lot patio perfect for entertaining.

The location is unbeatable—just steps to the sand, across from Lido Marina Village and the Lido House Hotel, offering guests walkable access to Newport’s best dining, shopping, and nightlife.

Listing Agent

David Jervis

Coldwell Banker Realty Brokerage Phone: 562-754-6009 License #00909394 Listed on: 09/16/2025

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,814

Year Built

  • Built in 1981 | Remodeled

Lot Details

  • No Common Walls
  • Wood Fence
  • Fence is in good condition
  • Rectangular Lot

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Parking Available
  • Rear-Facing Garage
  • Single Garage Door
  • Garage Door Opener
  • No Driveway

Home Design

  • Cape Cod Architecture
  • Entry on the 1st floor
  • Turnkey
  • Raised Foundation
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Lap Siding
  • Copper Plumbing

Interior Spaces

  • 1,050 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Furnished
  • Crown Molding
  • Recessed Lighting
  • Double Pane Windows
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Storage
  • Wood Flooring
  • Neighborhood Views

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Free-Standing Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Pots and Pans Drawers
  • Self-Closing Drawers and Cabinet Doors
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Granite Bathroom Countertops
  • Bathtub with Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Accessible Home Design

  • No Interior Steps

Outdoor Features

  • Slab Porch or Patio
  • Exterior Lighting
  • Outdoor Grill

Location

  • Property is near public transit
  • Urban Location

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan
  • Natural Gas Connected

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 7001
  • Assessor Parcel Number 93984001
  • $389 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • Master Insurance
  • 2 Units

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,814

Year Built

Built in 1981 | Remodeled

Lot Details

0

HOA Fees

$250 per month

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: All furnishings, linens, dishes, appliances, toys, beach equipment, bicycles, games and accessories and supplies.
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Alley Paved, Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Architectural Style: Cape Cod
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93984001
  • Year Built: 1981
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1050.00 Square Feet
  • Interior Amenities: Copper Plumbing Full, Crown Molding, Furnished, Granite Counters, Open Floorplan, Recessed Lighting, Storage
  • Stories: 1
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Accessibility Features: No Interior Steps
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar, In Kitchen, In Living Room
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 1523.81
  • Room Type: All Bedrooms Down, Kitchen, Laundry, Living Room, Main Floor Primary Bedroom, Primary Bathroom
  • Window Features: Double Pane Windows
  • Bathroom Features: Bathtub, Shower In Tub, Exhaust Fan(s), Granite Counters, Remodeled, Upgraded
  • Room Kitchen Features: Granite Counters, Kitchen Island, Kitchen Open To Family Room, Pots & Pan Drawers, Remodeled Kitchen, Self-Closing Cabinet Doors, Self-Closing Drawers

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • Exterior Features: Barbecue Private, Lighting
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Good Condition, Wood
  • Patio And Porch Features: Concrete, Patio, Slab
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Lap Siding, Wood Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Garage, Garage Faces Rear, Garage - Single Door, Garage Door Opener, No Driveway
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Free-Standing Range, Disposal, Microwave, Range Hood, Refrigerator, Vented Exhaust Fan
  • Heating Type: Central, Forced Air
  • Laundry Features: Dryer Included, Gas & Electric Dryer Hookup, In Closet, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Insurance
  • Association Fee: 250.00
  • Association Fee Frequency: Monthly
  • Association Name: owner
  • Phone: (123)456-7890
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks, Storm Drains, Street Lights, Urban
  • Association Management: self

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Rectangular Lot, Near Public Transit
  • Lot Size Sq Ft: 2786.00
  • Lot Size Acres: 0.0640

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2786.0000 Square Feet
  • Number Of Units In Community: 2
  • Number Of Units Total: 2

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 07001
  • TaxOtherAnnualAssessmentAmount: 388.56

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $13,814 $1,301,437 $1,200,663 $100,774
2024 $13,814 $1,275,919 $1,177,120 $98,799
2023 $13,489 $1,250,901 $1,154,039 $96,862
2022 $13,263 $1,226,374 $1,131,411 $94,963
2021 $13,010 $1,202,328 $1,109,227 $93,101
2020 $8,455 $769,255 $675,279 $93,976
2019 $8,285 $754,172 $662,038 $92,134
2018 $8,048 $739,385 $649,057 $90,328
2017 $7,905 $724,888 $636,331 $88,557
2016 $7,729 $710,675 $623,854 $86,821
2015 $7,668 $700,000 $614,483 $85,517
2014 $2,629 $740,000 $660,000 $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2025 09/16/25 For Sale $1,599,999 +128.6% $1,524 / Sq Ft
08/12/2014 08/12/14 Sold $700,000 -6.7% $750 / Sq Ft
06/23/2014 06/23/14 Pending -- -- --
06/17/2014 06/17/14 Price Changed $749,900 -3.9% $804 / Sq Ft
05/24/2014 05/24/14 Price Changed $780,000 -5.5% $836 / Sq Ft
04/21/2014 04/21/14 For Sale $825,000 0.0% $884 / Sq Ft
06/01/2013 06/01/13 Rented $2,500 0.0% --
05/29/2013 05/29/13 Under Contract -- -- --
02/04/2013 02/04/13 For Rent $2,500 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,190,000 First American Title Company
Interfamily Deed Transfer -- First American Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer $167,000 None Available
Grant Deed $700,000 Equity Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $76,000 Stand Alone Second
Previous Owner $600,000 New Conventional
Previous Owner $625,400 New Conventional
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC25218523

California Regional Multiple Listing Service (CRMLS)

APN: 939-840-01