219 E Bay Avenue
Newport Beach, CA 92661
- – beds
- – baths
- – sqft
- 2,614 sqft lot
- 1957 build
- – on site
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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.)
Listed By CRMLS_CA / Kathy Abbott / Universal Preferred Properties / 714-457-3849
Last checked:
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Last updated Nov 23, 2024
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MLS# NP24048345 —
The Building
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Year Built:1957
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Year Built Source:Assessor
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New Construction:No
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Construction Materials:Drywall Walls, Stucco
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Entry Level:1
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Foundation:Slab
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Common Walls:No Common Walls
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Number With Patio:2
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Building Area Total:2225.00
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Building Area Units:Square Feet
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# of Buildings:1
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Total Number Of Units:2
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Stories Total:2
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# of Separate Gas Meters:2
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# of Separate Water Meters:1
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# of Separate Electric Meters:2
Interior
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Features:2 Staircases, Balcony, Beamed Ceilings, Cathedral Ceiling(s), Granite Counters, Living Room Deck Attached, Unfurnished
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Levels:Two
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Entry Location:Lower unit - front door; Upper unit - rear stairs
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Flooring:Laminate, Tile
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Room Type:Family Room, Kitchen, Living Room, Main Floor Bedroom, Primary Bathroom, Primary Bedroom, Primary Suite
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Fireplace:Yes
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Fireplace:Family Room, Masonry
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Laundry:Common Area, Dryer Included, Gas Dryer Hookup, Washer Hookup, Washer Included
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Laundry:1
Financial & Terms
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Disclosures:Coastal Commission Restrictions, Coastal Zone, Flood Insurance Required, Flood Zone, Rent Control
Location
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Directions:From Pacific Coast Highway, take Balboa Boulevard down the peninsula, left on Coronado, left on Bay Avenue. Unmetered parking on street.
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Latitude:33.60384300
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Longitude:-117.90369700
The Property
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Property Type:Residential Income
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Subtype:Duplex
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Property Condition:Repairs Cosmetic
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Lot Features:Corner Lot
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Lot Size Area:2614.0000
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Lot Size Acres:0.0600
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Lot Size SqFt:2614.00
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Lot Size Source:Assessor
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View:1
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View:Harbor, Ocean
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Fencing:Block
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Fence:Yes
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Security Features:Carbon Monoxide Detector(s), Smoke Detector(s)
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Exclusions:Tenant's and owner's personal property.
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Road Frontage:City Street
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Road Surface Type:Paved
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Block:4
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Tax Census Tract:628.00
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Tax Tract:510
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Tax Lot:11
The Listing
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Special Listing Conditions:Standard
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Parcel Number:04809110
Heating & Cooling
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Heating:1
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Heating:Natural Gas, Wall Furnace
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Cooling:No
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Cooling:None
Utilities
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Utilities:Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
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Sewer:Public Sewer
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Water Source:Public
Appliances
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Appliances:Dishwasher, Electric Range, Gas Oven, Gas Water Heater, Microwave, Range Hood, Water Heater
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Included:Yes
The Community
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Subdivision:Balboa Peninsula (Residential) (BALP)
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Subdivision:Balboa Peninsula (Residential) (BALP)
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Senior Community:No
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Features:Biking, Fishing, Watersports, Sidewalks, Street Lights
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Pool:None
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Private Pool:No
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Waterfront Features:Beach Access, Ocean Access
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Inclusions:Washer and Dryer
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Association:No
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Assessments:Yes
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Assessments:Special Assessments, Buyer to Verify
Parking
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Parking:Yes
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Parking:Direct Garage Access, Garage - Two Door, Garage Door Opener, Off Street
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Parking Spaces:2.00
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Garage Spaces:2.00
Extra Units
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Number With Carpet:2
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Number With Drapes:2
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Number With Disposal:2
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Number With Dishwasher:2
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Number With Refrigerator:2
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
10/19/24
Oct 19, 2024
|
BRIDGE | $3,495,000 | ||
10/19/24
Oct 19, 2024
|
Sold Subject To Contingencies | CRMLS_CA | $3,495,000 | |
9/13/24
Sep 13, 2024
|
Price Changed | CRMLS_CA | $3,495,000 | -6.8% |