NOT LISTED FOR SALE
5 Beds
4 Baths
2,440 Sq Ft
2,614 Sq Ft Lot

Last Sold July 23, 2021

Last sale price $7,301,000 $2,992 Per Sq Ft

4 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • Ocean Side of Highway 1
  • Quartz Countertops
  • Abraham Lincoln Elementary School Rated A
  • Main Floor Bedroom
  • No HOA

About This Home

As of July 2021

Live a resort-inspired lifestyle all year round on the coveted Little Balboa Island. This turnkey bay-front duplex is complete with two transferable short-term lodging permits, awe-inspiring bay and sand views, and an array of recent upgrades throughout. Comprised of two spacious units, this charming compound is constructed with features such as beamed ceilings, recessed lighting, newer countertops, fireplaces, and recently refinished flooring. Introduced by a spacious front patio overlooking the bay, Dutch doors welcome you to the three-bedroom front-facing unit where the light-filled interiors are complimented by wooden floors and picturesque views are framed by large windows. The back unit is a private retreat offering its guests serenity just moments from the water with the main living area on the second level. With an option to vacation or live in one unit and rent out the other, 1504 S Bay Front is ideal as an exceptional compound for significant income opportunity or a bayside retreat for family and friends. This spectacular duplex is the perfect venue to splash into Summer and enjoy scenic views, watch the famed Newport Harbor Boat Parade, and live within a top-rated school district, all while being located near some of the best shopping, dinning, and attractions Newport Beach has to offer.

Last Agent to Sell the Property

Tim Smith

Coldwell Banker Realty License #01346878 Listed on: 06/11/2021

Coldwell Banker Realty

Co-Listed By

Greg Blake

Coldwell Banker Realty License #01227057

Last Buyer's Agent

William Podley

Deasy Penner Podley License #00458783

Deasy Penner Podley

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 2,614 Sq Ft Lot
  • Property Fronts a Bay or Harbor
  • No Common Walls
  • Landscaped
  • Paved or Partially Paved Lot

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Rear-Facing Garage
  • Two Garage Doors

Property Views

  • Bay
  • Panoramic

Home Design

  • Duplex
  • Turnkey

Interior Spaces

  • 2,440 Sq Ft Home
  • 2-Story Property
  • Skylights
  • Wood Burning Fireplace
  • Gas Fireplace
  • Living Room with Fireplace
  • Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Gas Cooktop
  • Freezer
  • Quartz Countertops
  • Tile Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • 4 Full Bathrooms
  • Tile Bathroom Countertop
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Waterfront with Home Across Road
  • Ocean Side of Highway 1
  • Enclosed patio or porch
  • Exterior Lighting

Schools

  • Abraham Lincoln Elementary School
  • Corona Del Mar Middle School

Utilities

  • Forced Air Heating System
  • Standard Electricity

Listing and Financial Details

  • Legal Lot and Block 3 / 1
  • Tax Tract Number 103
  • Assessor Parcel Number 05018112

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Balboa Island Little Island Subdivision

Recreation

  • Water Sports

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Structure Type: Duplex
  • Assessments: Yes
  • Ad Number: 949.500.8684
  • Other Phone Description: Greg Blake
  • Other Phone Number: 949.500.8684
  • Property Attached: No
  • Road Surface Type: Paved
  • Subdivision Name Other: Balboa Island - Main Island (BALM)
  • View: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 05018112
  • Year Built: 1955
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2440.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Tile
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Total Bedrooms: 5
  • Eating Area: In Kitchen
  • Fireplace Features: Living Room, Gas, Wood Burning
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 2992.21
  • Room Type: Kitchen, Living Room, Main Floor Bedroom, Master Bedroom
  • Window Features: Skylight(s)
  • Bathroom Features: Shower, Tile Counters
  • Room Kitchen Features: Quartz Counters, Tile Counters

Exterior Features

  • Patio: Yes
  • Exterior Features: Lighting
  • View: Bay, Panoramic, Water
  • Patio And Porch Features: Covered, Enclosed, Front Porch
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Paved, Garage, Garage Faces Rear, Garage - Two Door
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Freezer, Gas Oven, Gas Cooktop, Refrigerator
  • Electric: Standard
  • Heating Type: Forced Air
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Watersports

Schools

  • School District: Newport Mesa Unified
  • Elementary School: Abraham Lincoln
  • Middle School: Corona Del Mar
  • Elementary School: Abraham Lincoln
  • Middle Or Junior School: Corona Del Mar
  • Elementary School #2: ABRLIN

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped, Paved
  • Lot Size Sq Ft: 2614.00
  • Lot Size Acres: 0.0600

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2614.0000 Square Feet
  • Number Of Units Total: 2
  • Waterfront Features: Bay Front, Ocean Side of Freeway, Ocean Side Of Highway 1, Waterfront With Home Across Road

Tax Info

  • Tax Block: 1
  • Tax Census Tract: 630.06
  • Tax Lot: 3
  • Tax Tract Number: 103

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2021 07/23/21 Sold $7,301,000 +1.4% $2,992 / Sq Ft
06/11/2021 06/11/21 For Sale $7,199,000 -- $2,950 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP21063340

California Regional Multiple Listing Service (CRMLS)

APN: 050-181-12