219 E Bay Avenue, Newport Beach, CA 92661
-
Listed Price :
$3,495,000
-
Beds :
N/A
-
Baths :
N/A
-
Property Size :
N/A sqft
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Year Built :
1957
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 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! (Note that the short-term rental licenses are for 7 occupants in the 3-Bedroom/upstairs unit, and 5 occupants in the 2-Bedroom/downstairs unit, for a total of 12 occupants.)
Interior Features
| Laundry Information |
| Location(s) |
Common Area, Washer Hookup, Gas Dryer Hookup |
| Bedroom Information |
| Features |
Bedroom on Main Level |
| Bedrooms |
N/A |
| Bathroom Information |
| Bathrooms |
N/A |
| Flooring Information |
| Material |
Laminate, Tile |
| Interior Information |
| Features |
Beamed Ceilings, Balcony, Cathedral Ceiling(s), Granite Counters, Living Room Deck Attached, Multiple Staircases, Unfurnished, Bedroom on Main Level, Primary Suite |
| Cooling Type |
None |
Listing Information
| Address |
219 E Bay Avenue |
| City |
Newport Beach |
| State |
CA |
| Zip |
92661 |
| County |
Orange |
| Listing Agent |
Kathy Abbott DRE #00889942 |
| Courtesy Of |
Universal Preferred Properties |
| List Price |
$3,495,000 |
| Status |
Pending |
| Type |
Residential Income |
| Subtype |
Duplex |
| Structure Size |
N/A |
| Lot Size |
2,614 |
| Year Built |
1957 |
Listing information courtesy of: Kathy Abbott, Universal Preferred Properties. *Based on information from the Association of REALTORS/Multiple Listing as of Nov 15th, 2024 at 5:21 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
