Community Information
Address:117 Via Antibes, Newport Beach, CA 92663
Area:N8 - West Newport - Lido
County:Orange
City:Newport Beach
Subdivision:Lido Island (Lido)
Zip Code:92663
Architecture
Year Built:1958
Number of Buildings: 1
Total Units: 6
Unit 1: 1 Unit•2 Beds•2 Baths•Unfurnished•$4,250 actual rent•$51,000 total rent•$52,800 pro forma
Unit 2: 1 Unit•2 Beds•2 Baths•Unfurnished•$4,000 actual rent•$48,000 total rent•$52,800 pro forma
Unit 3: 1 Unit•2 Beds•2 Baths•Unfurnished•$3,995 actual rent•$47,940 total rent•$52,800 pro forma
Unit 4: 1 Unit•2 Beds•2 Baths•Unfurnished•$3,850 actual rent•$46,200 total rent•$52,800 pro forma
Unit 5: 1 Unit•2 Beds•2 Baths•Unfurnished•$4,000 actual rent•$48,000 total rent•$54,000 pro forma
Unit 6: 1 Unit•3 Beds•3 Baths•Unfurnished•$5,000 actual rent•$60,000 total rent•$66,000 pro forma
Garage Spaces: 12.0
Parking Total: 12.0
Features / Amenities
Interior Features: Ceiling Fan(s), Cathedral Ceilings
Appliances: Dishwasher, Freezer, Gas Cooktop, Disposal, Microwave, Refrigerator
Fireplace Features: Living Room
Flooring: Laminate
Laundry: Common Area, Laundry Room
Common Walls: 2+ Common Walls
Cooling: Central Air
Heating: Forced Air
Property Features
Lot Size:
0.21 Acres / 9,239 Sq. Ft.
Lot Features: Item01UnitAcre
Waterfront: Beach Access, Navigable Water, Ocean Side Of Freeway, Ocean Side Of Highway
Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Sewer: Public Sewer
Water: Public
Directions:Via Lido to Via Lido Soud, right to Via Barcelona, left to Via Lido Nord, left to Via Antibes left
Tax and Financial Info
Buyer Financing: Cash
Cap Rate: 2.81
Gross Scheduled Income: $301,140
Net Operating Income: $197,150
Electric Expense: $300
Fuel Expense: $360
Gardener Expense: $3,000
Insurance Expense: $4,830
New Taxes Expense: $72,900
Water/Sewer Expense: $1,800
Other Expense: $3,200
Op
Disclosures: Covenants/Restrictions Disclosure, HOA Disclosure
Association Amenities: Boat Dock, Clubhouse, Sport Court, Management, Meeting/Banquet/Party Room, Barbecue, Picnic Area, Playground, Tennis Court(s)