Thank you
Kathy Abbott
Universal Preferred Properties
949-677-6577
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. 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, and use of one car space in the two-car enclosed garage, with overhead storage space, 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 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 and more. 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. All of the advantages of living at the beach, with an interior price tag.
Sell a home like this and save $236,501 Find Out How
Unit No | Unit Key | Total Bath | Total Bed | Full Bath | Half Bath |
---|---|---|---|---|---|
1 | 1063028296 | 2 | 3 | 2 | 0 |
2 | 1063028296 | 1 | 2 | 1 | 0 |
Water Source : Public
Sewer : Public Sewer
Interior Features: Beamed Ceilings,Balcony,Cathedral Ceiling(s),Granite Counters,Living Room Deck Attached,Multiple Staircases,Unfurnished,Bedroom on Main Level,Primary Suite
Property Appliances: Dishwasher,Electric Range,Gas Oven,Gas Water Heater,Microwave,Range Hood,Water Heater,Dryer,Washer
Fireplace: Family Room,Masonry
Flooring: Laminate,Tile
None
Air Conditioning
Natural Gas,Wall Furnace
Has Heating
Fireplace Features: Family Room,Masonry
Has Fireplace: 1
Year Built: 1957
Building Area Total: 2,225
Construction: Drywall,Stucco
Slab
Carbon Monoxide Detector(s),Smoke Detector(s)
None
Common Area,Washer Hookup,Gas Dryer Hookup
Block
Lot Dimensions Source: Vendor Enhanced
Lot Size Acres: 0.06
Lot Size Source: Assessor
Lot Size Square Feet: 2614
Original List Price: 3,950,000
Listing Contract Date: 2024-03-08
Listing Agreement: Exclusive Right To Sell
Parcel Number: 04809110
Garage Description: Door-Multi,Direct Access,Garage,Garage Door Opener,Off Street
Lease Term: Negotiable
Tenant Pays: Cable TV,Electricity,Gas,Telephone
Source Listing Status: Active
Source Neighborhood: NP - Balboa Peninsula
Postal Code Plus 4: 1225
Directions: From Pacific Coast Highway, take Balboa Boulevard down the peninsula, left on Coronado, left on Bay Avenue. Unmetered parking on street.
Source Property Type: Residential Income
Area: NP - Balboa Peninsula
Property SubType: Duplex
Property Age: 67
Common Walls: No Common Walls
Property Condition: Repairs Cosmetic
Structure Type: Duplex
Year Built Source: Assessor
Entry Level: 1
Entry Location: Lower unit - front door; Upper unit - rear stairs
Levels or Stories: Two
Building Total Stories: 2
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
1119 E Balboa Boulevard.., Newport Beach, CA,92661 | $22,500 | 4 | 1 | 1,800 | -- |
1740 E Ocean Boulevard, Newport Beach, CA,92661 | $7,800,000 | 5 | 5 | 3,024 | 2625 Sqft |
1577 Miramar Drive, Newport Beach, CA,92661 | $4,850,000 | 4 | 4 | 2,558 | 2450 Sqft |
423 E Edgewater Avenue, Newport Beach, CA,92661 | $6,945,000 | 3 | 3 | 2,289 | 3124 Sqft |
311 Montero Street, Newport Beach, CA,92661 | $2,749,000 | 3 | 2 | 1,339 | 2100 Sqft |
1220 W Bay Avenue, Newport Beach, CA,92661 | $68,000,000 | 6 | 7 | 12,749 | 7132 Sqft |
1003 E Balboa Boulevard, Newport Beach, CA,92661 | $7,999,000 | 8 | 3 | 3,570 | 3920 Sqft |
200 E Balboa Boulevard, Newport Beach, CA,92661 | $6,495,000 | 4 | 4 | 3,029 | 2400 Sqft |
326 L Street, Newport Beach, CA,92661 | $3,997,000 | 3 | 2 | 1,420 | 1400 Sqft |
441 Seville, Newport Beach, CA,92661 | $7,000,000 | 5 | 6 | 3,863 | 2800 Sqft |
Copyright © 2024 by the Multiple Listing Service of the California Regional MLS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the California Regional MLS®. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.
ByOwner last updated this listing 05/03/2024 @ 19:57
MLS: NP24048345
LISTED BY: Kathy Abbott, Universal Preferred Properties
SOURCE: CRMLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.