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$3,950,000
5 bed
3 bath
0 Sqft
2,614 Sqft lot

219 E Bay Avenue, Newport Beach, California 92661

  • Residential Income Property Type
  • 70 Days Time on market
  • 1957 Year Built
Property Description

Beach Duplex with a transferrable SHORT-TERM RENTAL LICENSE, 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 Avenue is Southern California beach living at its finest, with the world-famous Newport Beach Harbor one block to the North for boating, sailing, and other water sports, and expansive sandy beaches, just a few houses away to the South, for surfing, beach walks and leisurely days. Many yacht clubs are in Newport Harbor, for terrific social connections, and there are endless restaurant options. This property has been meticulously maintained by the same owners for over 25 years, including a new roof in 2020. Your new home will have all of the advantages of beach living in one of the world’s most sought-after locations!

Basic Details
Residential Income
Buy
NP24048345
$3,950,000
5
3
0 Sqft
1957
2,614 Sqft
Active
Duplex
Click Here
Multi-family
Virtual Tour
Features
: Wall Furnace, Natural Gas
: Block
: Ocean, Harbor
: Family Room, Masonry
: Dryer, Dishwasher, Microwave, Washer, Electric Range, Gas Water Heater, Gas Oven, Range Hood, Water Heater
: Sidewalks, Street Lights, Biking, Fishing, Watersports
2
$0
: Public Sewer
Address
CA
Orange
Newport Beach
92661
219 E Bay Avenue
219
Avenue
0
W118° 5' 46.7''
N33° 36' 13.8''
E
Additional Information
70
1
2
2
: Two
1
: Washer Hookup, Gas Dryer Hookup, Common Area
2
2,225 Sqft
1
0 Sqft
0 Sqft
: Bedroomonmainlevel, Balcony, Multiplestaircases, Granite Counters, Beamed Ceilings, Cathedral Ceiling(s), Unfurnished, Primarysuite, Livingroomdeckattached
0.06 Sqft
2,614 Sqft
1
: No Common Walls
0 Sqft
04809110
$0
$0
$0
$0
1
$0
$0
0 Sqft
1
0 Sqft
$0
1
11/03/2024 00:00:02
$0
: Standard
CashtoNewLoan,1031 Exchange
From Pacific Coast Highway, take Balboa Boulevard down the peninsula, left on Coronado, left on Bay Avenue. Unmetered parking on street.
Destrahan
Harry Hurst
Universal Preferred Properties
Kathy Abbott
NP61178
NP41992
$0
: Stucco, Drywall
69
: Tile, Laminate
1
: Corner Lot
1
Balboa Peninsula (Residential) (BALP)
: Electricity Connected, Natural Gas Connected, Water Connected, Cable Connected, Phone Connected, Sewer Connected
: Ocean Access, Beach Access
1
: Square Feet
: Tenant's And Owner's Personal Property.
1
1
Washer and Dryer
1
2
2
1
2
2
RepairsCosmetic
Carbon Monoxide Detector(s),Smoke Detector(s)
4
11
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0
US-06059-N-04809110-R-N
Duplex
19/05/2024 15:51:34
Bay
NP - Balboa Peninsula
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