Seller's Agent in 2018
Betty Gulezyan
TSG Premier Realty
(818) 919-6200
11 Total Sales
507 E Bay Ave Newport Beach, CA 92661
Balboa Peninsula Point Neighborhood
3
Beds
4
Baths
1,800
Sq Ft
2,178
Sq Ft Lot
Highlights
- Coastline Views
- Newly Remodeled
- Balcony
- Newport Elementary School Rated A
- No HOA
- 5-minute walk to Balboa Peninsula Park
About This Home
As of August 2018Great Opportunity to live and invest steps from the beach. Live in the front & rent out the back or vise versa. Built from the ground up in 2012 this mini Mediterranean Villa with large roof top deck encompassing city lights and ocean views is ready for the most discerning buyer.
Two units with superior quality finishes, extensive travertine tile work throughout, gorgeous custom cabinetry, rich granite counter tops, exquisite craftsmanship makes this a must see !!! Front unit is 2 bedroom 2 1/2 bath. Master Suite includes a private balcony which leads to the roof top deck. Master Bath with double sink vanities. Back unit with the same quality finishes has 1 bedroom, 1 bath with a massive 160 sq. ft balcony for entertaining or just taking in the ocean breeze. Fireplace, laundry, security system, pre-wired surround sound, 4 car attached garage parking (2 for the front unit, 2 for the rear unit). Garage parking leads directly into individual units. Award winning school district, popular destination for shopping and entertainment, minutes to Newport Center and Fashion Island. Identical unit next door, reverse floor plan is also for Sale each parcel is being offered at $1.799K Each
Parcel can easily be converted to VACATION RENTAL to increase income potential by submitting application/fees to the city of Newport Beach. Buyer to verify all information with the city for its intended or desired use.
Last Agent to Sell the Property
TSG Premier Realty License #00941578 Listed on: 04/28/2018
Property Details
Home Type
- Multi-Family
Year Built
- Built in 2012 | Newly Remodeled
Lot Details
- 2,178 Sq Ft Lot
- 1 Common Wall
- Density is 2-5 Units/Acre
Parking
- 4 Car Direct Access Garage
- Parking Available
Property Views
- Coastline
- City Lights
Home Design
- Duplex
- Tile Roof
Interior Spaces
- 1,800 Sq Ft Home
- 3-Story Property
- Living Room with Fireplace
- Stone Flooring
- Laundry Room
Bedrooms and Bathrooms
- 3 Bedrooms
- All Upper Level Bedrooms
- 4 Bathrooms
Home Security
- Alarm System
- Carbon Monoxide Detectors
- Fire and Smoke Detector
- Fire Sprinkler System
Additional Features
- Balcony
- Central Heating and Cooling System
Listing and Financial Details
- Tenant pays for all utilities, cable TV, trash collection
- Tax Lot 4
- Tax Tract Number 104
- Assessor Parcel Number 04811516
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 2 Separate Water Meters
- Gross Income $78,000
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/15/2018 08/15/18 | Sold | $1,685,000 | -6.4% | $936 / Sq Ft |
| 07/08/2018 07/08/18 | Pending | -- | -- | -- |
| 04/28/2018 04/28/18 | For Sale | $1,799,900 | -- | $1,000 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Betty Gulezyan
-
Mary Golding
Buyer's Agent in 2018
Mary Golding
Christie's International R.E. Southern California
(949) 929-3184
101 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC18098766
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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