$6,300,000
SOLD MAR 22, 2022
4 Beds
5 Baths
3,312 Sq Ft
2,178 Sq Ft Lot

Recently Sold

$1,902 Per Sq Ft

5% Above List Price

20 Days on Market

Highlights

  • Marina
  • Sea Front
  • Property has ocean access
  • Abraham Lincoln Elementary School Rated A
  • Ocean View
  • Private Dock Site

About This Home

As of March 2022

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.

Last Agent to Sell the Property

Artie Dorr

Balboa Realty License #01899740 Listed on: 01/14/2022

Co-Listed By

Alex Batley

Balboa Realty License #01365952

Last Buyer's Agent

Don Abrams

Abrams Coastal Properties License #01234323

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1971

Lot Details

  • 2,178 Sq Ft Lot
  • Sea Front
  • Property Fronts a Bay or Harbor
  • Home fronts a canal
  • No Common Walls
  • Brick Fence
  • Level Lot

Parking

  • 2 Car Direct Access Garage
  • Parking Available

Property Views

  • Ocean
  • Coastline
  • Bay
  • Panoramic
  • City Lights
  • Canal
  • Neighborhood

Home Design

  • Duplex
  • Patio Home
  • Cosmetic Repairs Needed
  • Fixer Upper
  • Slab Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • 3,312 Sq Ft Home
  • 3-Story Property
  • Dual Staircase
  • Beamed Ceilings
  • Bay Window
  • Sliding Doors
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Bonus Room
  • Tile Flooring

Kitchen

  • Utility Sink
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Multi-Level Bedroom
  • Walk-in Shower

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Home Security

  • Security Lights
  • Carbon Monoxide Detectors

Outdoor Features

  • Property has ocean access
  • Beach Access
  • Boat Slip
  • Private Dock Site
  • Docks
  • Ocean Side of Highway 1
  • Balcony
  • Deck
  • Open Patio
  • Lanai
  • Exterior Lighting

Schools

  • Lincoln Elementary School
  • Corona Del Mar Middle School
  • Corona Del Mar High School

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Tax Lot 19
  • Tax Tract Number 742
  • Assessor Parcel Number 05020121
  • $507 per year additional tax assessments

Community Details

Overview

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

Recreation

  • Marina
  • Fishing
  • Water Sports

Property Details

Home Type

Multi-Family

Year Built

Built in 1971

Lot Details

0

Parking

2

Listing Details

  • Structure Type: Duplex
  • Assessments: Yes
  • Other Phone Description: Artie
  • Other Phone Number: 949-500-9832
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Security Lights
  • Subdivision Name Other: Balboa Island - Little Island (BALL)
  • View: Yes
  • Property Condition: Fixer, Repairs Cosmetic
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 05020121
  • Year Built: 1971
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3312.00 Square Feet
  • Interior Amenities: 2 Staircases, Balcony, Beamed Ceilings
  • Stories: 3
  • Common Walls: No Common Walls
  • Flooring: Tile
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 5
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Door Features: Sliding Doors
  • Eating Area: Family Kitchen
  • Fireplace Features: Living Room
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1902.17
  • Room Type: Bonus Room, Kitchen, Laundry, Multi-Level Bedroom
  • Window Features: Bay Window(s)
  • Bathroom Features: Shower
  • Room Kitchen Features: Utility Sink

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Exterior Features: Boat Slip, Dock Private
  • View: Bay, Canal, City Lights, Coastline, Neighborhood, Ocean, Panoramic, Water
  • Fence: Yes
  • Fencing: Brick
  • Patio And Porch Features: Deck, Lanai, Patio, Patio Open
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal
  • Heating Type: Forced Air
  • Laundry Features: Gas & Electric Dryer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Fishing, Watersports, Street Lights

Schools

  • School District: Newport Mesa Unified
  • Elementary School: Lincoln
  • Middle School: Corona Del Mar
  • High School: Corona Del Mar
  • Elementary School: Lincoln
  • High School: Corona Del Mar
  • Middle Or Junior School: Corona Del Mar
  • Elementary School #2: LINCOL
  • High School2: CODEMA

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street, Patio Home
  • Lot Size Sq Ft: 2178.00
  • Lot Size Acres: 0.0500

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2178.0000 Square Feet
  • Number Of Units Total: 2
  • Waterfront Features: Bay Front, Beach Access, Canal Front, Fishing in Community, Includes Dock, Marina in Community, Ocean Access, Ocean Side of Freeway, Ocean Side Of Highway 1, Sea Front, Seawall

Tax Info

  • Tax Census Tract: 630.06
  • Tax Lot: 19
  • Tax Tract Number: 742
  • TaxOtherAnnualAssessmentAmount: 507.00

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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
07/26/2022 07/26/22 Rented $7,000 -11.9% --
06/04/2022 06/04/22 Price Changed $7,950 -6.5% $5 / Sq Ft
05/09/2022 05/09/22 For Rent $8,500 -22.7% --
04/06/2022 04/06/22 Rented $11,000 -24.1% --
04/01/2022 04/01/22 For Rent $14,500 0.0% --
03/22/2022 03/22/22 Sold $6,300,000 +5.1% $1,902 / Sq Ft
02/03/2022 02/03/22 Pending -- -- --
01/14/2022 01/14/22 For Sale $5,995,000 -- $1,810 / 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: NP22006581

California Regional Multiple Listing Service (CRMLS)

APN: 050-201-21