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$3,275,000
82 Days Online

111 Via Florence
Newport Beach, CA 92663

For Sale|Multi-Family|Active
Subdivision:
Lido Island (Lido)
County:
Orange
Call Now: 949-607-8122
Is this the home for you? We can help make it yours.
949-607-8122
111 Via Florence111 Via Florence111 Via Florence111 Via Florence
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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.

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Listing Snapshot
Price
$3,275,000
Days Online
82 Days
Bedrooms
N/A
Inside Area (SqFt)
N/A
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.0981 Acres
Year Built
1948
MLS Number
OC20251545
Status
Active
Property Tax
N/A
HOA/Condo/Coop Fees
$1,532 monthly
Sq Ft Source
N/A
Friends & Family
Recent Activity
15 hours agoListing updated with changes from the MLS
a month agoStatus changed to Active
a month agoPrice changed to $3,275,000
2 months agoStatus changed to Active Under Contract
3 months agoListing first seen online
General Features
On-Site Parking
Yes
Parking Features
Garage Faces RearGarage - Single DoorGarage - Two Door
Sewer
Public Sewer
Listing Conditions
Probate Listing
Garage Spaces
5
Interior Features
Cooling
None
Heating
Wall Furnace
Fireplace
Yes
Fireplace Details
Living Room
Flooring
CarpetTile
Appliances
Gas OvenGas RangeGas Water Heater
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Exterior Features
Pool
No
Pool Features
None
Road Frontage
City Street
Lot Features
Landscaped
Community Features
MLS Area
N8 - West Newport - Lido
On-Site Laundry
Yes
Laundry Features
Community
Senior Community
No
More Community Features
CurbsFishingWatersportsSidewalksStreet Lights
Listing Courtesy of Steven Brombal 00972129 with Kidder Mathews of California, Inc 01946490



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. The 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, the 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.

Neighborhood & Commute
Source: Walkscore
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