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308 306 E Bay Avenue, Newport Beach, CA 92661

Duplex

308 306 E Bay Avenue, Newport Beach, CA 92661 Sold November 2023 CRMLS
$2,280,000Sold November 2023

Listing Agent: Summer Perry (DRE #01882790) · Listing Office: Compass · Contact: 949-438-4340 · Bought with: Grant Foerstel · Coldwell Banker Realty · MLS #NP23146969 · Source: CRMLS

3
Bedrooms
3
Bathrooms
1,281
Sq Ft
2,178 sqft
Lot Size
1917
Year Built
Duplex
Type
1
Stories
0
Garage
None
Cooling

About this duplex

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.

Listing description from the November 2023 sale, as reported to CRMLS.

Sale history

$2,280,000
Sold November 2023 · listed $2,295,000, on market August 2023 · MLS #NP23146969 · Source: CRMLS
Listing Agent: Summer Perry · Listing Office: Compass · Contact: 949-438-4340 · Bought with: Grant Foerstel · Coldwell Banker Realty
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