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305 E Bay Ave
Newport Beach, CA 92661
Bay Ave Apartments · Multifamily Property For Sale
·
6 Units
PROPERTY FACTS
| No. Units | 6 | Lot Size | 0.06 AC |
| Property Type | Multifamily | Building Size | 3,870 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1930 |
| Building Class | C | Parking Ratio | 0.78/1,000 SF |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 3,870 SF |
| No. Stories | 2 |
| Year Built | 1930 |
| Parking Ratio | 0.78/1,000 SF |
ABOUT 305 E BAY AVE , NEWPORT BEACH, CA 92661
***Property is in Escrow - Back Up Offers Being Accepted *** ****PLEASE REVIEW ALL ATTACHMENTS PRIOR TO INQUIRING**** 305 E. Bay Avenue is a well-maintained 6-unit apartment complex located in Newport Beach. The two buildings consist of one and two bedroom apartment homes with beautiful and contemporary interior renovations, with most of units having been completely remodeled or near completion. Situated on a 2,400 square foot lot, the 3,870 square foot property offers ocean and bay views, and is centrally located near the Balboa Fun Zone while providing great freeway access for easy commuting. The building has three private one (1) car garages as well as street parking for all tenants. 305 E. Bay Avenue is right in the heart of the Newport Beach Bay area, close to beach access, shopping, restaurants, and entertainment. ***IMPORTANT*** There is an affordability covenant recorded against this property that goes into effect November of 2017. The rent roll provided shows the rental income that will have to be in place at that time. Please review the attached documents for more information and call the listing agent with any questions. 305 E. Bay Ave, Newport Beach Ca.
PROPERTY TAXES
| Parcel Number | 048-092-03 | Improvements Assessment | $267,387 |
| Land Assessment | $1,501,935 | Total Assessment | $1,769,322 |
PROPERTY TAXES
