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110 E Bay Avenue

Newport Beach, CA 92661
  • $2,350,000
  • STATUS: Pending
  • ON SITE: 28 Days
  • ID#: OC21267869
Pending
$2,350,000
  • 4
    BEDS
  • 0.04
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 1,710
    SQFT
  • $1,374
    $/SQFT
Type:
Single-Family Home
Built:
1924
County:

School Information

Middle School:
High School:
School District:
Listing Agent(s): Lisa Helou of The Oppenheim Group (310-927-7048) and Giovanne Helou of The Oppenheim Group(310-927-7048)


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 historic 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 and wainscoting walls. 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 and make your new-construction dreams come true in a fabulous location or keep the historic charm for another generation to enjoy. You can build a SFD with an ADU attached, pulling 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 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 Marina Park, jump on the ferry to Balboa Island to stroll, shop, or grab a leisure bite at one of their several cafes 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.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-01-20T00:26:13.663. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Steele Canyon Realty. Licensed in the State of California, USA.
www.steelecanyonrealty.com/homes/124249596
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110 E Bay Avenue Newport Beach, CA 92661

  • Price: $2,350,000
  • Status: Pending
  • On Site: 28 Days
  • ID#: OC21267869
4
Beds
3
Baths
0
½ Baths
0.04
Acres
1,710
SQFT
$1,374
$/SQFT
1924
Built
Neighborhood:
Balboa Peninsula (Residential) (Balp)
County:
Orange
Area:
NP - Balboa Peninsula
Middle School:
Ensign
High School:
Newport Harbor
School District:
Newport Mesa Unified
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 historic 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 and wainscoting walls. 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 and make your new-construction dreams come true in a fabulous location or keep the historic charm for another generation to enjoy. You can build a SFD with an ADU attached, pulling 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 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 Marina Park, jump on the ferry to Balboa Island to stroll, shop, or grab a leisure bite at one of their several cafes 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.
Exterior Features

Construction Materials Vinyl SidingWood Siding Exterior Features Awning(S) Foundation Details Raised Lot Features Corner LotLevelNear Public Transit Other Structures Guest HouseTwo On A Lot Parking Features None Parking Total 0 Patio And Porch Features ConcreteFront PorchPatioPorch Pool Features None Pool Private YN No Property Attached YN No Road Frontage Type City Street Road Surface Type MaintainedPaved Roof Composition Sign On Property YN Yes Spa Features None Spa YN No View Neighborhood View YN Yes Waterfront Features Beach AccessOcean Access

Interior Features

Appliances DishwasherGas CooktopDisposalMicrowave Common Walls No Common Walls Cooling None Cooling YN No Fireplace Features Living Room Fireplace YN Yes Flooring CarpetTileVinylWood Heating Wall Furnace Heating YN Yes Interior Features Ceramic CountersIn-Law FloorplanBedroom On Main Level Main Level Bathrooms 2 Main Level Bedrooms 2 Window Features Casement Window(S)Wood Frames

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features BikingStreet LightsSidewalksWater Sports Garage YN No Land Lease YN No Laundry Features Laundry Closet Lease Considered YN No Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New LoanConventional New Construction YN No Property Condition Additions/AlterationsTermite Clearance Property Sub Type Single Family Residence Security Features Carbon Monoxide Detector(S)Smoke Detector(S) Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Structure Type Duplex Utilities Cable AvailableElectricity AvailableElectricity ConnectedNatural Gas AvailableNatural Gas ConnectedPhone AvailableSewer AvailableSewer ConnectedUnderground UtilitiesWater AvailableWater Connected Water Source Public Zoning R1



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-01-20T00:26:13.663. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Steele Canyon Realty. Licensed in the State of California, USA.
 
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Steele Canyon Realty
5923 Severin Drive
La Mesa CA, 91942
Listing Agent(s): Lisa Helou of The Oppenheim Group (310-927-7048) and Giovanne Helou of The Oppenheim Group(310-927-7048)