Price Reduction
Address
111 Via Florence Newport Beach, CA
Price
$ 3,275,000
Property Attributes
- MLS#OC20251545
- TypeIncome
- CountyORANGE
- CityNewport Beach
- AreaWest Newport - Lido
- NeighborhoodLido Island
- Zip92663
- Style
- Price$ 3,275,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage3520
- Lot Size4,273 SqFt
Listing Provided Courtesy Of:
Steven Brombal with Kidder Mathews of California, Inc.
Property Description
BACK 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.
| Price History | |
|---|---|
| 12/4/2020 | Listed $3,600,000 |
| 1/20/2021 | 10% - $3,275,000 |
General Features
| Appliances | Gas Oven, Gas Range, Gas Water Heater |
|---|---|
| Association Y/N | Yes |
| Attached Structure | Attached |
| Community Features | Curbs, Fishing, Watersports, Sidewalks, Street Lights |
| Construction Materials | Stucco, Wood Siding |
| Cooling | None |
| Directions | Via Lido Soud & Via Florence |
| Flooring | Carpet, Tile |
| Garage Spaces | 5.00 |
| HOA Fee | 1532.00 |
| HOA Fee Frequency | Annually |
| Heating | Wall Furnace |
| Levels | Two |
| Listagentaor | Orange County |
| Listing Agent | Steven Brombal - BRE#00972129 |
| Listing Agent State License | 00972129 |
| MLS Area | N8 - West Newport - Lido |
| Parking Features | Garage Faces Rear, Garage - Single Door, Garage - Two Door |
| Pool Features | None |
| Price Per Square Foot | 930.40 |
| Property Attached Y/N | Yes |
| Sewer | Public Sewer |
| Source System | CRMLS |
| Special Listing Conditions | Probate Listing |
| Subdivision Name | Lido Island (LIDO) |
| Subdivision Name | Lido Island (LIDO) |
| Total Units | 5 |
Interior Features
| 1st Bedroom Area Unit Type | Square Feet |
|---|---|
| 2nd Bedroom Area Unit Type | Square Feet |
| 3rd Bedroom Area Unit Type | Square Feet |
| Appliances Y/N | Yes |
| Common Walls | 2+ Common Walls |
| Fireplace Features | Living Room |
| Fireplace Y/N | Yes |
| Heating Y/N | Yes |
| Laundry Features | Community |
| Laundry Y/N | Yes |
| Studio Area Unit Type | Square Feet |
Exterior Features
| Building Area Total | 3520.00 |
|---|---|
| Fence Y/N | Yes |
| Fencing | Block |
| Lot Features | Landscaped |
| Lot Size Acres | 0.0981 |
| Lot Size Area | 4273.0000 |
| Lot Size Source | Assessor |
| Lot Size Square Feet | 4273.00 |
| Lot Size Units | Square Feet |
| Number of Buildings | 1 |
| Number of Separate Electric Meters | 1 |
| Number of Separate Gas Meters | 1 |
| Number of Separate Water Meters | 1 |
| Parking Y/N | Yes |
| Road Frontage Type | City Street |
| Road Surface Type | Paved |
| Total Parking | 5.00 |
| Water Source | Public |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Zip Code Average in 92663
Price
Visits
Year Built
Walkscore
Based on information from California Regional Multiple Listing Service, Inc. as of January 27, 2021 11:00 PM UTC 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.
