1103 W Bay Avenue
Newport Beach, CA 92661

  • 5 beds
  • 3 baths
  • 2,596 sqft
  • 2,700 sqft lot
  • $1,271 per sqft
  • 1959 build
  • on site

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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!

California Regional MLS logo Listed By CRMLS_CA / Zach Bateman / Re/Max One / 714-909-8479

Last checked: Checking… • Last updated Feb 15, 2024 •

MLS# NP23115865 —

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Sale history

Date Event Source Price % Change
7/6/23
Listed / Active BRIDGE
7/3/23
Listed / Active CRMLS_CA $3,795,000

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Multifamily Sold on 2/14/2024

$3,300,000

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Listing provided by broker:

Zach Bateman

Re/Max One

714-909-8479

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California Regional MLS logo Listing Courtesy of: CRMLS_CA and Re/Max One. Based on information from California Regional Multiple Listing Service, Inc. as of 23:57 on May 06.

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