Sold
Closed
1419 W Bay Avenue
Newport Beach CA, 92661
$3,400,000
$1,038.80 per sqft
Sold
Closed
3,273 sqft
Multi-family
Built in 1940
Listed by Julia Morton with White Sail Realty 949-933-2906
TWO (2) ACTIVE SHORT TERM LODGING PERMITS - Welcome to 1419 W Bay Ave, Newport Beach - a rare gem in one of the most desirable coastal communities. This charming property features two (2) transferable short-term lodging permits, making it an exceptional investment opportunity. STLP's are attached to the front upper and lower units and are approved for eight (8) Guests each. In addition to the front units, there is a unit over the garage that can be used as an owners retreat or rented out on a long-term basis. Set on one of the most popular streets on the Balboa Peninsula, this property combines the benefits of an incredible residential location with the lucrative potential of short-term rentals. Enjoy the serene surroundings while being just a short distance from Newport Beach's renowned attractions, dining, and shopping as well as Marina Park and the American Legion. With its sought-after permits and versatile living arrangements, 1419 W Bay Ave is a standout choice for those looking to capitalize on the coastal lifestyle and investment potential.
NP24171608
MLSⓇ ID
August 22, 2024
Listed
October 4, 2024
Updated
Map
1419 W Bay Avenue
Newport Beach CA, 92661
Interior Features
Total Stories
2
Laundry Description
Common Area, Laundry Room
Floor Description
Carpet, Tile
Fireplace
No
Fireplace Description
None
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Wall Furnace
Exterior/Building Features
Lot Size
0.06 Acres
Lot Features
0-1 Unit/Acre
Sewer
Public Sewer
Other Property Details
Area Name
NP - Balboa Peninsula
Days on Market
3
Garage
Yes
Garage Spaces
3
Parking Total
3
View
Yes
View Description
Harbor, Ocean, Peek-A-Boo
County
Orange
Water Source
Public
Pool
No
Pool Features
None
Listing History
Date | Event | Price |
|---|---|---|
10/1/2024 | Sold | $3,400,000 |
9/11/2024 | Pending | — |
8/27/2024 | Under contract | — |
Listing Contact: 949-673-9900
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 10/4/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 10/4/2024 at 1:59 AM UTC