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- LoopNet Team
505 E Bay Ave
Newport Beach, CA 92661
East Bay Ave · Specialty Property For Sale
·
1,800 SF
PROPERTY FACTS
| Property Type | Specialty | No. Stories | 2 |
| Property Subtype | Residential Income | Year Built | 2012 |
| Lot Size | 0.05 AC | Parking Ratio | 2.22/1,000 SF |
| Building Size | 1,800 SF | ||
| Zoning | R-2 | ||
| Property Type | Specialty |
| Property Subtype | Residential Income |
| Lot Size | 0.05 AC |
| Building Size | 1,800 SF |
| No. Stories | 2 |
| Year Built | 2012 |
| Parking Ratio | 2.22/1,000 SF |
| Zoning | R-2 |
AMENITIES
- Air Conditioning
ABOUT 505 E BAY AVE , NEWPORT BEACH, CA 92661
Great Opportunity to live and invest steps from the beach. Live in the front & rent out the back or vise versa. Built from the ground up in 2012 this mini Mediterranean Villa with large roof top deck encompassing city lights and ocean views is ready for the most discerning buyer. Two units with superior quality finishes, extensive travertine tile work throughout, gorgeous custom cabinetry, rich granite counter tops, exquisite craftsmanship makes this a must see !!! Front unit is 2 bedroom 2 1/2 bath. Master Suite includes a private balcony which leads to the roof top deck. Master Bath with double sink vanities. Back unit with the same quality finishes has 1 bedroom, 1 bath with a massive 160 sq. ft balcony for entertaining or just taking in the ocean breeze. Fireplace, laundry, security system, pre-wired surround sound, 4 car attached garage parking (2 for the front unit, 2 for the rear unit). Garage parking leads directly into individual units. Award winning school district, popular destination for shopping and entertainment, minutes to Newport Center and Fashion Island. Identical unit next door, reverse floor plan is also for Sale each parcel is being offered at $1.799K Each parcel can easily be converted to VACATION RENTAL to increase income potential by submitting application/fees to the city of Newport Beach. Buyer to verify all information with the city for its intended or desired use.
PROPERTY TAXES
| Parcel Number | 048-115-15 | Improvements Assessment | $338,992 |
| Land Assessment | $1,529,501 | Total Assessment | $1,868,493 |
PROPERTY TAXES
