$2,300,000
$2,495,000
7.8%For more information regarding the value of a property, please contact us for a free consultation.
521 E WEST BAY AVE Newport Beach, CA 92661
7 Beds
4 Baths
3,111 SqFt
Key Details
Sold Price $2,300,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,111 sqft
Price per Sqft $739
Subdivision Balboa Peninsula (Residential) (Balp)
MLS Listing ID NP20136058
Sold Date 09/08/20
Bedrooms 7
Full Baths 4
HOA Y/N No
Year Built 1972
Lot Size 2,613 Sqft
Property Description
Spacious Duplex with an unusual 3000+ square feet of living space!!! Balboa Peninsula location in the highly desirable Newport Beach Bay and Harbor area. Centrally situated between the ocean and the bay on a corner lot. R-2 zoning, ideal for summer home or short term vacation rentals.Just outside 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 spacious floor plans. Two unit building featuring a 4 bedroom/ 2 bath upper unit with vaulted ceilings, fireplace, large living room with access to a private deck. Also includes inside laundry. The lower unit has 3 bedrooms and 2 baths, fireplace, kitchen bar area in excellent condition. Lower unit has access directly to the 2 car garage. Each unit has one space. In the last number of years there has been a steady tenant history. Close to shopping, restaurants and the Balboa Pier. Prime Coastal Investment.
Location
State CA
County Orange
Area Np - Balboa Peninsula
Rooms
Main Level Bedrooms 7
Interior
Interior Features Beamed Ceilings, Breakfast Bar, Balcony, Ceramic Counters, Open Floorplan
Heating Central
Cooling None
Flooring Carpet, Vinyl
Fireplaces Type Living Room
Fireplace Yes
Appliance Dishwasher, Disposal, Gas Oven, Gas Range
Laundry Inside, In Garage, Upper Level
Exterior
Parking Features Garage, Garage Door Opener, On Street
Garage Spaces 2.0
Garage Description 2.0
Fence Block
Pool None
Community Features Biking, Curbs, Storm Drain(s), Street Lights, Sidewalks
Utilities Available Electricity Connected, Natural Gas Available, Sewer Connected, Water Connected
View Y/N No
View None
Roof Type Composition
Porch Covered, Deck
Attached Garage Yes
Total Parking Spaces 2
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story 2
Entry Level Two
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Traditional
Level or Stories Two
New Construction No
Schools
School District Newport Mesa Unified
Others
Senior Community No
Tax ID 04807111
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
Special Listing Condition Standard
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Bought with Diane Kutinsky • Seven Gables Real Estate