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$ 3,495,000
Est. payment /mo
Pending
219 E Bay AVE Newport Beach, CA 92661
2,614 Sqft Lot
UPDATED:
11/15/2024 04:32 PM
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Pending
Purchase Type For Sale
MLS Listing ID CRNP24048345
Originating Board California Regional MLS
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
Tax ID 04809110
Special Listing Condition Not Applicable
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Listed by Kathy Abbott • Universal Preferred Properties
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