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Sold for $2,280,000
Street View
  • Listed by: Compass • Summer Perry • Contact: 949-375-9074
    Bought with: Coldwell Banker Realty
    $2,280,000

    308-306 E Bay Ave, Newport Beach, CA 92661

    3beds
    1,281sqft
    Duplex
    Built in 1917
    2,178 Square Feet Lot
    $2,947,400 Zestimate®
    $1,780/sqft
    $7,291 Estimated rent

    Home value

    $2,947,400

    $2.62M - $3.36M

    $7,291/mo

    Zestimate® history
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    $7,291/mo

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    What's special

    Separate entrancesBalboa pier
    Welcome to 306/308 E Bay Avenue – a fantastic real estate gem located in the heart of a vibrant coastal community. This unique property is a corner lot, offering not just a home but an exceptional investment opportunity. Currently configured as a charming duplex, this property presents a wealth of possibilities. The front unit (308) boasts a cozy one bedroom, one bathroom layout, perfect for enjoying a quiet retreat by the beach. The rear unit (306) features a spacious two bedroom, two bathroom layout, providing ample space for family and guests. With separate entrances for each unit, privacy is a given, making it an ideal arrangement for extended family living or rental income. The location of 306/308 E Bay Avenue is truly unparalleled. Just a few steps away from both bay and ocean beaches, you'll find yourself immersed in the soothing sounds of the waves and the invigorating ocean breeze. Enjoy leisurely strolls along the beach, or indulge in water sports and activities right at your doorstep. For those seeking entertainment and local attractions, look no further. The property is conveniently situated near the famous Fun Zone and Balboa Pier, ensuring endless amusement, dining, and shopping options for residents and visitors alike. Unleash your imagination with the array of opportunities this property presents. Whether you're an astute investor looking to generate rental income, a creative mind excited to remodel and upgrade the existing units, or a visionary ready to start anew with a new construction property, this opportunity is your canvas. Seize the chance to own a slice of coastal paradise with limitless potential. Welcome yourself home to 306/308 E Bay Avenue.

    Zillow last checked:

    Listing updated:

    Listed by:

    Summer Perry DRE #01882790 949-375-9074,

    Compass,

    Jessica Bailey DRE #01990301,

    Compass

    Bought with:

    Grant Foerstel, DRE #01952576

    Coldwell Banker Realty

    Source: CRMLS,MLS#: NP23146969MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    • Main level bathrooms: 2
    • Main level bedrooms: 2
    Rooms
    • Room types: Bedroom, Kitchen, Living Room
    Bedroom
    • Features: Bedroom on Main Level
    Cooling
    • None
    Appliances
    • Laundry: Common Area
    Features
    • Bedroom on Main Level
    • Has fireplace: Yes
    • Fireplace features: Living Room
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 1,281 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Driveway
    • Uncovered spaces: 3
    Features
    • Levels: One,Two
    • Stories: 1
    • Entry location: street
    • Pool features: None
    • Spa features: None
    • Has view: Yes
    • View description: None
    • Waterfront features: Ocean Side Of Highway
    Lot
    • Size: 2,178 Square Feet
    • Features: Corner Lot
    Details
    • Parcel number: 04810319
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Duplex
    Materials
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 1917

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Street Lights, Sidewalks
    • Subdivision: Balboa Peninsula (Residential) (Balp)
    Location
    • Region: Newport Beach

    Financial & listing details

    • Price per square foot: $1,780/sqft
    • Date on market: 8/16/2023
    • Cumulative days on market: 54 days
    • Listing terms: Cash,Cash to New Loan
    • Road surface type: Paved

    Price history

    DateEventPrice
    11/29/2023Sold$2,280,000-0.7%$1,780/sqft
    Source: CRMLS #NP23146969 Report a problem
    11/25/2023Pending sale$2,295,000$1,792/sqft
    Source: CRMLS #NP23146969 Report a problem
    10/25/2023Contingent$2,295,000$1,792/sqft
    Source: CRMLS #NP23146969 Report a problem
    10/20/2023Listed for sale$2,295,000$1,792/sqft
    Source: CRMLS #NP23146969 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 92661

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Newport
    • Middle: Ensign
    • High: Newport Harbor

    Source: CRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $2,947,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $2,947,400