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117 Via Antibes

Newport Beach, CA 92663 View Map $4,400,000 Ask a Question
Sq.Ft. Lot9,314
Year1958
Jon Flagg

Jon Flagg

(949) 533-7878
DRE No.: 01316048

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Status: Sold
Property Type:Multi Family
MLS #:SP17062781
Date Sold:5/23/2017
Lot Size:9,314 Sq. Ft.
County:Orange

Listing Agent/Office

Agent:Stephanie Ronca
Office:Wilson & Co. Sotheby's Interna
Located on the exclusive and picturesque island community of Lido Isle, 117-127 Via Antibes is a multi-family building comprised of 6 apartment units ranging from 2-3 bedrooms with estimated 1,141 to 1,674 square feet each. Each unit has its own assessor’s parcel number and the property is zoned RM - Residential Multifamily. Constructed in 1958 with minor improvements since, 117-127 Via Antibes features a two stories, gated community courtyard w/BBQ, shared laundry facility, two decks and six 2-car attached garages for each unit. Each Lido Isle property owner pays an annual HOA for homeowners and renters (of more than 12 months) to receive access to the island’s many amenities including three tennis courts, half basketball court, clubhouse, private beach, private boat dock, three boat gardens, nearby athletic clubs and much, much more! Enjoy convenient and close access to the Lido Marina Village, Newport Pier, Balboa Peninsula, biking paths, nearby beaches, restaurants and shops. This is an extremely rare opportunity to own investment property with development potential in Newport Beach’s most coveted neighborhood!

Detailed Maps

Community Information

Address:117 Via Antibes Newport Beach, CA 92663
Area:N8 - West Newport - Lido
County:Orange
City:Newport Beach
Zip Code:92663

Features / Amenities

Laundry: Common Area, Laundry Room

Property Features

Lot Size: 0.21 Acres / 9,314 Sq. Ft.
Lot Features: Corner Lot, Level
Waterfront: Across the Road from Lake/Ocean
Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Water: Public
Zoning:RM
Directions:From Newport Blvd headed west: turn left onto Via Lido, turn left onto Via Lido Sound, turn right onto Via Lido Nord, turn right onto Via Antibes, subject property on corner right.

Tax and Financial Info

Tax Year: 2016
Buyer Financing: Cash
Cap Rate: 2.1
Gross Scheduled Income: $148,800
Net Operating Income: $99,304
Operating Expense: $49,706

Schools

WALKING AND TRANSPORTATION

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Listing agent / office Stephanie Ronca, Wilson & Co. Sotheby's Interna.
Based on information from California Regional Multiple Listing Service, Inc. as of October 5, 2022. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. IDX provided by Sierra Interactive.