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Key Details
Sold Price $2,398,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,222 sqft
Price per Sqft $1,079
Subdivision Balboa Peninsula (Residential) (Balp)
MLS Listing ID PW23017590
Sold Date 09/01/23
Bedrooms 4
Full Baths 2
Three Quarter Bath 1
HOA Y/N No
Year Built 1983
Lot Size 2,151 Sqft
Property Description
Welcome to this Balboa Peninsula beach treasure with 3 opportunities under one roof. 419 E. Bay Avenue is located just steps to the sand at the bay AND the ocean and is a block from the quaint Balboa Village shops and dining. This incredible Newport Beach property offers an amazing place to call home, create a vacation get-away, or use for rental income. It currently boasts three separate living units with two 2-bedroom/1-bath units, and one studio unit with a loft. There are little peek-a-boo water views of the bay from the second floor living room and the front bedroom, and also from the studio loft. This property has a 2-car garage with an extra flex space to store all your beach gear, bikes, wagons, paddle boards, as well as storage cabinets galore.
You'll have so much fun with all the amenities and attractions Balboa has to offer... including the Fun Zone rides and arcades, the Auto Ferry to Balboa Island, the Balboa Park and Pier, the Ocean Front Boardwalk, The Wedge, shopping, dining, boat and bike rentals, fishing, water sports, and the Catalina Flyer with daily trips to Catalina Island. This property is located in the highly rated Newport-Mesa School District, close to nationally ranked HOAG Hospital, the world-class Fashion Island, John Wayne Airport, Pacific Coast Highway, golf courses, tennis courts, Back-Bay hiking trails, and the charming Lido Village experience.
Location
State CA
County Orange
Area Np - Balboa Peninsula
Zoning R2
Rooms
Main Level Bedrooms 2
Interior
Interior Features Bedroom on Main Level, Entrance Foyer, Galley Kitchen, Loft
Heating Radiant
Cooling None
Fireplaces Type None
Fireplace No
Appliance Water Heater
Laundry Inside, Outside, Upper Level
Exterior
Parking Features Door-Multi, Garage, Oversized
Garage Spaces 2.0
Garage Description 2.0
Fence Block, Wood
Pool None
Community Features Biking, Fishing, Park, Sidewalks, Water Sports
Utilities Available Electricity Connected, Sewer Connected, Water Connected
View Y/N Yes
View Peek-A-Boo
Attached Garage Yes
Total Parking Spaces 2
Private Pool No
Building
Lot Description Walkstreet
Story 3
Entry Level Three Or More
Sewer Sewer Tap Paid
Water Public
Architectural Style Cape Cod, Modern
Level or Stories Three Or More
New Construction No
Schools
Elementary Schools Newport
Middle Schools Horace Ensign
High Schools Newport Harbor
School District Newport Mesa Unified
Others
Senior Community No
Tax ID 04811304
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash to Loan
Special Listing Condition Standard
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Bought with Lance Pugmire • Seven Gables Real Estate