Est. cap rate

0.5%

Assumed rent, all units

$7,160/mo

Units

2

Price per unit

$4,397,500

Est. annual NOI

$42,960

Expense assumption

50%

Estimates only, based on HUD Fair Market Rents (a conservative 40th percentile floor) and a standard 50% operating expense assumption. Not a guarantee of income or value. Ask Alex for a pro forma using comparable rent data.

Run your own numbers

Adjust the assumptions to see cash flow and cash on cash return.

Illustration only, using a 30 year loan and your assumptions above. Not a loan offer, financial advice, or a guarantee. Confirm financing and actual rents independently.

Property details

Type

Duplex

Bedrooms

5

Bathrooms

3

Building size

2,691 sqft

Lot size

3,267 sqft

Year built

1979

Stories

2

Garage spaces

2

Heating

Forced Air

Cooling

None

Pool

None

View

Ocean,Bay,White Water,Water,Panoramic

Status

Active

Days on market

1

MLS #

246236629

About this property

Experience the quintessential Lido Isle lifestyle with this rare bayfront duplex, ideally positioned along the sand to capture the very best of coastal Newport Beach living. Featuring two distinct residences, desirable outdoor spaces, flexible living arrangements, and income-producing potential, the property presents an exceptional opportunity for both owner-users and investors. The lower residence offers three bedrooms and two baths, with one bedroom well suited as a den or office. An inviting living room with fireplace creates a warm focal point, complemented by an eat-in kitchen and separate dining area ideal for both everyday living and entertaining. Plantation shutters, marble countertops, abundant built-in storage, and thoughtful updates enhance the home’s timeless coastal appeal. Outside, a private patio opens toward the sand and bay, creating an effortless connection to the waterfront lifestyle—whether launching a paddleboard, heading out by kayak, or simply relaxing and enjoying the coastal setting. Above, the 2-bedroom, 1-bath upper residence offers its own private retreat, highlighted by a rooftop deck with beautiful bay views. This elevated outdoor space captures the relaxed sophistication and coastal atmosphere that make Lido Isle so sought after. With two separate living spaces, the duplex offers exceptional versatility. An owner may choose to occupy one residence while leasing the other for supplemental income, retain both as rental residences, accommodate guests or create a multi-generational coastal home. This flexibility, combined with its exceptional bayfront location, makes the property equally compelling as a primary residence, investment opportunity, or combination of the two. Residents of Lido Isle enjoy an array of coveted community amenities, including private beaches, tennis courts, parks, BBQ areas, community facilities, and sailing opportunities. Just moments away, Lido Marina Village offers acclaimed dining, boutique shopping, and convenient access to the many recreational activities of Newport Harbor. Blending coastal charm, bay views, income potential, and an enviable sand-and-bayfront setting, this distinctive Lido Isle duplex presents a truly rare opportunity to acquire an income-producing property in one of Newport Beach’s most desirable waterfront communities.

Location

423 Via Lido Soud

Newport Beach, Orange, CA, 92663