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501 E Bay AVE Newport Beach, CA 92661
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Key Details
Sold Price $1,475,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Balboa Peninsula (Residential) (Balp)
MLS Listing ID CV14246836
Sold Date 02/20/15
HOA Y/N No
Year Built 1956
Tax Year 2013
Lot Size 2,178 Sqft
Property Description
This charming duplex offers the best of both worlds from life's hectic schedule. The warm, welcoming interiors of the spacious 3 bedroom 2 bath owner's unit offers a perfect weekend getaway for family and friends yet affords the flexibility of a weekly rental if desired. The unit has recently been upgraded with remodeled kitchen and bathrooms, features a huge deck for BBQ and outdoor enjoyment offering a peek a boo view of the bay. Downstairs unit is 2 bedrooms 1.5 baths that currently has a long term tenant. Ideally located in the middle of the Bay and the Beach and a stone's throw to the fun zone and restaurants. If this is not enough, it also features a 3 car garage, a rarity in this area! A wonderful place to live year round or a vacation home or summer rental! Don't miss out on this wonderful investment!!!
Location
State CA
County Orange
Area Np - Balboa Peninsula
Interior
Fireplaces Type Living Room
Fireplace Yes
Exterior
Garage Spaces 3.0
Garage Description 3.0
Pool None
Community Features Curbs, Sidewalks
Utilities Available Sewer Connected
Total Parking Spaces 3
Private Pool No
Building
Lot Description Corner Lot
Story Two
Entry Level Two
Water Public
Level or Stories Two
Others
Tax ID 04811501
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Assumed,Trust Deed
Special Listing Condition Standard
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Bought with David Fogg • Keller Williams WMC