Newport Beach, CA 92661,501 E Bay AVE

$1,475,000

Est. payment /mo

$1,495,000

1.3%
Est.Price: ?

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501 E Bay AVE Newport Beach, CA 92661

2,514 SqFt

SOLD DATE : 02/20/2015

Key Details

Sold Price $1,475,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 2,514 sqft

Price per Sqft $586

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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California Regional MLS (CRMLS)
Listed by LORI HAINES • PODLEY PROPERTIES
Bought with David Fogg • Keller Williams WMC

Jacqueline Screeton

Agent | License ID: 01858560

+1(949) 395-4732

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