521 W Bay Avenue, Newport Beach, CA 92661

$2,495,000
3,111
SqFt
List Price
$2,495,000
Status
ACTIVE
MLS#
NP20050504
Year Built
1972
Living Sq. Ft
3,111
Lot Size
2,614
Acres
0.06
Lot Location
2-5 Units/Acre, Corner Lot
Days on Market
32
Property Type
Multifamily
Style
Traditional
Stories
Two Level
Neighborhood
Balboa Peninsula (Residential) (Balp)

Property Description

Balboa Peninsula Duplex located in the highly desirable Newport Beach bay and harbor area. Centrally situated between the ocean and the bay, makes this an ideal location for a summer home or short term weekly rental opportunities. Walk out your door, you can see the sand, just a few short blocks away. The bay front is a quick walk just minutes away. Unique property with over 3000 sq ft of living space. Large corner 2 unit building featuring a spacious four bedroom/ two bath upper unit, enjoying high ceilings, fireplace, large living room with access to a private deck. Also includes inside laundry. The lower residence has three bedrooms/two baths, nice fireplace, kitchen bar area, in excellent condition. The lower has direct access to the shared two car garage. This property has been family owned for many years, lived in and enjoyed by various family members. In the last number of years there has been a steady tenant history, always leased. Close not only to the water, but also entertainment, restaurants, shopping and historic landmarks. Prime Coastal investment in the heart of Newport! ***NOTE***Additional exterior and interior photos available Friday!!!

Additional Information

Tract Number
062800
Lot Description
Carbon Monoxide Detector(s), Smoke Detector(s), Biking, Curbs, Sidewalks, Street Lights, Urban
Appliances
Dishwasher, Disposal, Gas Oven, Gas Range, Water Heater
Pool Description
None
Fireplace Description
Living Room
Heat
Central
Cooling Description
None
View
None
Roof
Composition
Garage Spaces Total
2
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Total Number of Units
2

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Tracy Seeber from Burr White Realty

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.