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1103 W Bay Avenue
1103 W Bay Avenue
1103 W Bay Avenue
1103 W Bay Avenue
1103 W Bay Avenue
1103 W Bay Avenue
1103 W Bay Avenue
1103 W Bay Avenue
1103 W Bay Avenue
1103 W Bay Avenue
1103 W Bay Avenue
1103 W Bay Avenue
1103 W Bay Avenue
1103 W Bay Avenue
1103 W Bay Avenue
1103 W Bay Avenue
1103 W Bay Avenue
1103 W Bay Avenue
1103 W Bay Avenue
1103 W Bay Avenue
1103 W Bay Avenue
1103 W Bay Avenue
1103 W Bay Avenue
1103 W Bay Avenue
1103 W Bay Avenue
1103 W Bay Avenue
1103 W Bay Avenue
1103 W Bay Avenue
1103 W Bay Avenue
1103 W Bay Avenue
1103 W Bay Avenue
1103 W Bay Avenue
1103 W Bay Avenue
1103 W Bay Avenue
1103 W Bay Avenue
1103 W Bay Avenue
1103 W Bay Avenue
1103 W Bay Avenue
1103 W Bay Avenue
1103 W Bay Avenue
1103 W Bay Avenue
VIEW PHOTOS
$3,300,000

1103 W Bay Avenue

5 Beds 3 Baths 2,596 Sq.Ft.

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!

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Location

1103 W Bay Avenue, Newport Beach, CA 92661

Status

Sold

Newport Beach

Property Amenities

Interior
Laundry room Common Area, Inside, Laundry Room
Fireplace None
Flooring Wood
Total Bedrooms: 5
Full Bathrooms: 3
Other Interior Features Multiple Primary Suites
Area & Lot
Lot Area 2,700 Sq.Ft.
Living area 2,596 Sq.Ft.
MLS® ID NP23115865
Year Built 1959
School District Newport Mesa Unified
Water Frontage Across the Road from Lake/Ocean, Beach Access, Ocean Access
View Description Bay
Architecture Styles Bungalow
Type Multi-Family
Status Sold
Exterior
Stories 2
Pool None
Air conditioning None
Water Source Public
Garage Space 2.0
Sewer Public Sewer
Parking Carport, Garage
Lot Features Walkstreet
Utilities Cable Available, Electricity Available, Natural Gas Available, Water Available
Finance
Sales Price $3,300,000

Let’s Talk

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