Newport Beach, CA 92661,110 E Bay AVE E
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Newport Beach, CA 92661,110 E Bay AVE E
Newport Beach, CA 92661,110 E Bay AVE E
Newport Beach, CA 92661,110 E Bay AVE E
Newport Beach, CA 92661,110 E Bay AVE E

$2,350,000

Est. payment /mo

$2,350,000

Est.Price: ?

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110 E Bay AVE E Newport Beach, CA 92661

1,710 SqFt

SOLD DATE : 03/02/2022

Key Details

Sold Price $2,350,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 1,710 sqft

Price per Sqft $1,374

Subdivision Balboa Peninsula (Residential) (Balp)

MLS Listing ID OC21268035

Sold Date 03/02/22

HOA Y/N No

Year Built 1924

Lot Size 1,799 Sqft

Acres 0.0413

Property Description

Located in one of the most desirable destinations in Newport Beach, only steps from the beach and bay, 110 E Bay Ave. is your opportunity to own an original cottage/duplex on the Balboa Peninsula. Owned by the same family for over 60 yrs. this property allows you to reap the benefits of instant and reliable income while enjoying the beach lifestyle for yourself if you so choose. The front unit embodies (1) two-bedroom, one-bathroom, country style kitchen with private laundry, a bright sunny living room with a patio terrace and pleasing views of the quaint tree lined street. The upper/rear unit offers elevated views of the street, 2 bedrooms-2 baths recently upgraded, private laundry and a living room with its own cozy fireplace. Its perfect for an owner / resident to live in while enjoying the income of the front unit. And end-user, spec builder, or investor may want to tear down this prime corner lot location and build a SFD with an ADU attached. You could pull a beautiful bay view from a roof top deck , while soaking in a hot tub or sitting by a fire pit, the possibilities are endless to make summer generational memories. Walking distance to the beach, bay, restaurants, boutiques, and world famous Wedge surf spot, this property offers the quintessential Newport lifestyle. The Balboa Peninsula is famous for its iconic festivities, including the Christmas Boat Parade, 4th of July parade and fireworks. Close to the new Marine Park, jump on the ferry to Balboa Island to stroll, shop, or grab a leisure bite at one of their several cafe’s or get a world famous BALBOA BAR. This is a rare chance to place your stake amongst some of the most prized and sought-after real estate in the world.

Location

State CA

County Orange

Area Np - Balboa Peninsula

Rooms

Other Rooms Guest House Detached

Ensuite Laundry Laundry Closet

Interior

Laundry Location Laundry Closet

Fireplace No

Laundry Laundry Closet

Exterior

Exterior Feature Awning(s)

Pool None

Community Features Biking, Sidewalks, Marina

Waterfront Description Beach Access,Ocean Access

View Y/N Yes

View Neighborhood

Roof Type Composition

Private Pool No

Building

Lot Description Corner Lot, Level, Paved

Story 2

Entry Level One,Two

Foundation Raised

Sewer Public Sewer

Water Public

Level or Stories One, Two

Additional Building Guest House Detached

New Construction No

Others

Senior Community No

Tax ID 04806216

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Financing Cash to New Loan

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Lisa Helou • The Oppenheim Group
Bought with Sean Jarne • First Team Real Estate

Rick J Lee

Agent | License ID: 02130981

+1(714) 943-1598

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