$6,300,000
$5,995,000
5.1%For more information regarding the value of a property, please contact us for a free consultation.
2,252 Sqft Lot
SOLD DATE : 03/22/2022
Key Details
Sold Price $6,300,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Subdivision Balboa Island - Little Island (Ball)
MLS Listing ID NP22003717
Sold Date 03/22/22
Construction Status Fixer,Repairs Cosmetic
HOA Y/N No
Year Built 1971
Lot Size 2,252 Sqft
Property Description
337 East Bayfront presents a rare opportunity to own a rare bayfront duplex on “Little Balboa Island.” The property comprises two spacious units with sensational views, a shared dock with easy access to the harbor entrance, and approximately 3,300 square feet of interior living space. One of the little island’s tallest properties, this duplex is a blank canvas for investors, developers, or buyers looking for a resort-inspired vacation home. The property offers 30 ft of bayfront exposure with an oversized ground level patio, perfect for entertaining. The front residence consists of 2 bedrooms and 3 bathrooms on three levels with expansive floor to ceiling windows showcasing the bay. A ground level bonus room off of the patio adds additional living space.
The rear apartment is a large 2-bedroom 2-bathroom with a lot of windows bringing in light and city views. The dedicated dock for this property is 20 ft long and has rights to an additional shared middle boat space with the neighbor next door.
This prime duplex is the perfect setting to enjoy scenic views, all while being located near some of the best shopping, dining, and attractions Newport Beach has to offer. Water activities, your personal bay beach, and strolling the Island’s boardwalk are right outside of your front door. Buyers are to conduct their own investigations to verify square footage and City rules regarding renovation/remodel.
Location
State CA
County Orange
Area N9 - Lower Newport Bay - Balboa Island
Interior
Interior Features High Ceilings, Living Room Deck Attached, Open Floorplan, Tile Counters
Heating Forced Air
Cooling None
Flooring Tile
Fireplaces Type Living Room
Fireplace Yes
Appliance Dishwasher, Disposal
Laundry Inside
Exterior
Garage Direct Access, Garage, On Site
Garage Spaces 2.0
Garage Description 2.0
Fence Brick
Pool None
Community Features Curbs, Fishing, Storm Drain(s), Street Lights, Urban
Utilities Available Electricity Available, Water Available
Waterfront Description Bayfront,Canal Front,Ocean Access,Ocean Front,Ocean Side Of Freeway,Ocean Side Of Highway,Seawall
View Y/N Yes
View Bay, Canal, City Lights, Coastline, Harbor, Marina, Neighborhood, Ocean, Panoramic, Water
Roof Type Shingle
Accessibility Parking
Parking Type Direct Access, Garage, On Site
Total Parking Spaces 2
Private Pool No
Building
Lot Description Street Level, Value In Land
Story 2
Entry Level Two
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style See Remarks
Level or Stories Two
New Construction No
Construction Status Fixer,Repairs Cosmetic
Others
Senior Community No
Tax ID 05020121
Security Features Security System,Carbon Monoxide Detector(s),Smoke Detector(s)
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange, Submit
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange, Submit
Financing Conventional
Special Listing Condition Standard
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Michelle Esquivel
michelle@michellehomesellingteam.comOur team is ready to help you sell your home for the highest possible price ASAP
Bought with Donald Abrams • Abrams Coastal Properties
michelle@michellehomesellingteam.com
515 S Myrtle Ave, Monrovia, CA, 91016, USA