219 E Bay AVE Pending

Newport Beach,CA 92661

$ 3495000

- Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Pending

Purchase Type For Sale

MLS Listing ID CRNP24048345

Year Built 1957

Lot Size 2,614 Sqft

Property Description

Beach Duplex with transferrable SHORT-TERM RENTAL LICENSES for both units, located on a CORNER LOT in the quaint and quieter Bay Island area, only part way down the peninsula, and not on busier Balboa Boulevard, making this one of the more desirable areas on the peninsula. This exceptional lot location is offset at the T of Coronado Street with an unobstructed view of the bay - must see view to appreciate! Two levels have two separate home units - the bottom level has 2 bedrooms, 1 bath and large patio facing the bay, and the top level has 3 bedrooms, 2 baths, with a large deck facing the bay. A buyer can inquire with the city about adding a third level for additional ocean views, similar to many neighboring properties, and for the updated ADU - Accessory Dwelling Unit guidelines. This can be a family beach home with 2 units, income property, short-term rental property, or combination. Both units have fireplaces, beautiful open kitchens, parking in the enclosed garage, overhead storage space in garage, and plenty of unmetered on-street parking. The upstairs home has a grand primary bedroom suite, and an additional second stairway and entry door in rear of home. Additional amenities include custom built-in storage throughout, open beam ceilings, and outdoor patios. 219 E Bay Avenu

Location

State CA

County Orange

Area Np - Balboa Peninsula

Rooms

Kitchen Dishwasher,Hood Over Range,Microwave,Other,Oven Range - Electric,Oven - Gas

Interior

Heating Gas,Wall Furnace

Cooling None

Flooring Laminate

Laundry Gas Hookup,Laundry Area,30,Washer,Dryer

Exterior

Garage Attached Garage,Garage,Gate / Door Opener,Off-Street Parking

Garage Spaces 2.0

Pool None

View Marina,Ocean

Building

Foundation Concrete Slab

Water Hot Water,District - Public

Others

Special Listing Condition Not Applicable

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