Newport Beach, CA 92661,1103 W Bay Avenue
Newport Beach, CA 92661,1103 W Bay Avenue
Newport Beach, CA 92661,1103 W Bay Avenue
$3,300,000
Est. payment /mo
$3,525,000
6.4%
Est.Price: ?

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5 Beds
3 Baths
2,596 SqFt
SOLD DATE : 02/14/2024

Key Details

Sold Price $3,300,000

Property Type Townhouse

Sub Type Townhome

Listing Status Sold

Purchase Type For Sale

Square Footage 2,596 sqft

Price per Sqft $1,271

MLS Listing ID NP23115865

Sold Date 02/14/24

Style Townhome

Bedrooms 5

Full Baths 3

Construction Status Repairs Cosmetic

HOA Y/N No

Year Built 1959

Lot Size 2,700 Sqft

Acres 0.062

Property Description

Seller Financing Available--Step into this duplex in Newport Beach and discover a world of untapped potential waiting for you! This vintage charming duplex is ideally situated in a prime location, just steps away from the beach and the picturesque Newport Bay. Boasting bay views, this residence offers a truly wonderful experience. Upstairs unit - 3 bedrooms/2 full bathrooms. Balcony, private patio, & a loft/office space. Downstairs unit - 2 bedrooms and 1 full bath with private patio. This Duplex offers a 2 car spacious garage with an additional covered carport, allowing 3 car parking. This unique structure / floor plan has an elevator + an indoor staircase leading to both levels & attached garage. Sitting on a 2.7k sqft bigger lot allows a lucrative opportunity to go multiple avenues. Live in one unit & rent out the other to offset your mortgage. Utilize the elevator / indoor staircase to use this property more like an SFR using both units for yourself. Rent out both units at current market rents. Or you can build a new construction duplex with 2 units R2 (or a SFR w/ JADU - do your buyer due diligence through the city on what you can build) - Front unit would boast bay views and the back unit may have potential ocean views off the rooftop deck. This highly sought-after location offers a lifestyle that blends coastal charm, endless recreation, savvy investment and breathtaking views all in one. All while being very close to restaurants, boutiques, shopping & much more!
Seller Financing Available--Step into this duplex in Newport Beach and discover a world of untapped potential waiting for you! This vintage charming duplex is ideally situated in a prime location, just steps away from the beach and the picturesque Newport Bay. Boasting bay views, this residence offers a truly wonderful experience. Upstairs unit - 3 bedrooms/2 full bathrooms. Balcony, private patio, & a loft/office space. Downstairs unit - 2 bedrooms and 1 full bath with private patio. This Duplex offers a 2 car spacious garage with an additional covered carport, allowing 3 car parking. This unique structure / floor plan has an elevator + an indoor staircase leading to both levels & attached garage. Sitting on a 2.7k sqft bigger lot allows a lucrative opportunity to go multiple avenues. Live in one unit & rent out the other to offset your mortgage. Utilize the elevator / indoor staircase to use this property more like an SFR using both units for yourself. Rent out both units at current market rents. Or you can build a new construction duplex with 2 units R2 (or a SFR w/ JADU - do your buyer due diligence through the city on what you can build) - Front unit would boast bay views and the back unit may have potential ocean views off the rooftop deck. This highly sought-after location offers a lifestyle that blends coastal charm, endless recreation, savvy investment and breathtaking views all in one. All while being very close to restaurants, boutiques, shopping & much more!

Location

State CA

County Orange

Area Oc - Newport Beach (92661)

Interior

Flooring Wood

Laundry Laundry Room, Inside

Exterior

Garage Garage

Garage Spaces 2.0

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Water Available

View Bay

Total Parking Spaces 3

Building

Lot Description Sidewalks

Story 2

Lot Size Range 1-3999 SF

Sewer Public Sewer

Water Public

Architectural Style Craftsman/Bungalow

Level or Stories 2 Story

Construction Status Repairs Cosmetic

Others

Monthly Total Fees $1, 113

Acceptable Financing Cash, Conventional, Exchange, FHA, Seller May Carry, VA, Cash To New Loan

Listing Terms Cash, Conventional, Exchange, FHA, Seller May Carry, VA, Cash To New Loan

Special Listing Condition Standard

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Kobe Zimmerman

Kobe Zimmerman

Berkshire Hathaway Home Services California Properties

+1(858) 753-3353

Our team is ready to help you sell your home for the highest possible price ASAP


San Diego Regional MLS (SDMLS)
Listed by Zach Bateman • Re/Max One
Bought with Clayton Wellbank • Clayton Wellbank, Broker
agent-avatar

+1(858) 753-3353

kobezimmerman@bhhscalifornia.com

955 Orange Ave, Coronado, CA, 92118

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