Newport Beach, CA 92661,517 W BAY AVE
Newport Beach, CA 92661,517 W BAY AVE
Newport Beach, CA 92661,517 W BAY AVE
Newport Beach, CA 92661,517 W BAY AVE
Newport Beach, CA 92661,517 W BAY AVE
Newport Beach, CA 92661,517 W BAY AVE
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$2,630,000

$2,695,000

2.4%
Est.Price: ?

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Est. payment /mo

2,613 Sqft Lot


SOLD DATE : 08/04/2021

Key Details

Sold Price $2,630,000

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Subdivision Balboa Peninsula (Residential) (Balp)

MLS Listing ID NP21076914

Sold Date 08/04/21

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1971

Lot Size 2,613 Sqft

Property Description

Just a block from the beach and the bay, this generously proportioned, turn-key duplex presents a wonderful investment opportunity in one of the very best locations on Balboa Peninsula. Upstairs a fabulous four bedroom owners' unit offers expansive light, bright living space. The vaulted ceiling great room with fireplace adjoins a sunny kitchen with breakfast bar and dining nook. The large sunny terrace offers pleasing views of the tree-lined street and fun-filled beach locale. Four commodious bedrooms, two remodeled baths and private laundry complete the upper unit. The lower level three bedroom, two bath unit has been freshly painted and carpeted and is ready to roll! The living room has its own fireplace and sliding doors that open to a private front patio. A large two car garage completes this wonderful income opportunity that is uniquely well-suited for an owner/resident to live steps from the sand and benefit from income below. Don't let this one pass you by!

Location

State CA

County Orange

Area Np - Balboa Peninsula

Interior

Interior Features Balcony

Heating Forced Air, Natural Gas

Cooling None

Flooring Carpet, Tile, Wood

Fireplaces Type Gas Starter, Living Room, See Remarks

Fireplace Yes

Laundry Inside, See Remarks

Exterior

Garage Direct Access, Garage

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Biking, Storm Drain(s), Street Lights, Sidewalks, Urban, Water Sports

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

View Y/N Yes

View City Lights, Neighborhood

Parking Type Direct Access, Garage

Total Parking Spaces 2

Private Pool No

Building

Lot Description Level

Story Two

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Construction Status Updated/Remodeled

Others

Senior Community No

Tax ID 04807112

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Tara Foster Shapiro • Pacific Sotheby's Int'l Realty
Bought with ELIZABETH DURAN • EXCELLENCE EMPIRE REAL ESTATE
Amin Zarif

Real Estate Agent & Loan Officer | License ID: 02076931

+1(949) 226-1789 | realestateaminzarif@gmail.com

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