Bought with NONE NONE • None MRML
$3,090,000
$3,495,000
11.6%For more information regarding the value of a property, please contact us for a free consultation.
219 E Bay Avenue Newport Beach, CA 92661
2,225 SqFt
Key Details
Sold Price $3,090,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,225 sqft
Price per Sqft $1,388
MLS Listing ID CRNP24048345
Sold Date 11/22/24
HOA Y/N No
Originating Board Datashare California Regional
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
Interior
Heating Natural Gas, Wall Furnace
Cooling No Air Conditioning
Flooring Laminate, Tile
Fireplace No
Appliance Gas Water Heater
Laundry Common Area, Dryer, Gas Dryer Hookup, Washer, Other
Exterior
View Other, Ocean
Building
Lot Description Corner Lot
Water Public
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