1321 W Bay Avenue Newport Beach, CA $ 4,195,000
1321 W Bay Avenue
$ 4,195,000
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1321 W Bay Avenue

Newport Beach, CA, 92661
$ 4,195,000
Bedrooms6 Baths5.0 Sq 2,509

Monthly Estimate*

$ 29,303

Listed by Pinpoint Properties
1321 W Bay Avenue, Newport Beach, CA 92661 - Image 1
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1321 W Bay Avenue, Newport Beach, CA 92661 - Image 16

Multi-Family Home for sale in Newport Beach, CA

for $4,195,000 with 6 bedrooms and 5 full baths. This 2,509 square foot home was built in 1990 on a lot size of 0.06.

Located in the heart of Newport Beach on the coveted Bay Avenue, this exquisite duplex offers the epitome of California beachside living with two beautifully designed units to accommodate various lifestyle needs. The home’s bottom unit presents a 3-bedroom, 3-bathroom layout, providing ample space for comfortable everyday living. Upstairs, you'll find another inviting 3-bedroom, 2-bathroom haven. Features include contemporary upgrades and sleek hardwood flooring throughout the common areas. French doors open up to a harbor-facing orientation, inviting the refreshing coastal breeze indoors and a peek-a-boo view of the water. Retreat to the spacious primary suite complete with private fireplace, walk-in closet and oversized soaking tub. Entertain in style on the expansive rooftop deck while enjoying ocean, harbor, mountain and city-light views. Both units feature thoughtfully designed layouts with an emphasis on functionality and style. Just out the front door is Newport Harbor’s glistening bay and beach ready for biking, paddle boarding, boating surfing or vacation-style beach days lounging in the sun. Hop on the nearby Ferry for quick access around Newport’s finest restaurants, shopping and social delights. Whether you're seeking a primary home, a vacation getaway, or an investment opportunity, this duplex offers versatility and sophistication in equal measure.

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Multi-Family Active

Price

$ 4,195,000

Bedrooms

6

Full Bath

5

Property Type

Multi-Family

Taxes

$ 0

Style

Duplex

Lot Size

0.06

Year Built

1990

Town/City

Newport Beach

County/Region

Orange

MLS | Web ID

OC24068066

Days on Market

38

Features
General
Interior Features BuiltinFeatures Balcony CeilingFans CrownMolding RecessedLighting TileCounters BedroomonMainLevel MainLevelPrimary
Sewer PublicSewer
Heating Central
Cooling CentralAir
Utilities ElectricityConnected NaturalGasConnected SewerConnected WaterConnected
Appliances Dishwasher GasRange Microwave Refrigerator WaterHeater
HOA 0.0
Garage Spaces 2.0
Pool Features None
Year Built 1990
Electric Standard
View Ocean PeekABoo
Stories 2
Levels Two
Property SubType Duplex
Gross Income 204000.0
Waterfront Features AcrosstheRoadfromLakeOcean
Community Features Curbs Sidewalks
County Orange
Net Operating Income 194400.0
Operating Expense 9600.0
Insurance Expense 2400.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Subdivision Name Balboa Peninsula (Residential) (BALP)
Garage Y/N Y
Special Listing Conditions Standard
Status ActiveUnderContract
Directions Cross Streets Balboa Blvd and 14th St
City Newport Beach
Entry Location 1
View Y/N Y
Senior Community Y/N N
Total Units 2
MLS Area NP - Balboa Peninsula
Lot Size Square Feet 2614.0
Private Pool N
Waterfront Y/N N
Carport Spaces 1.0
Carport Y/N Y
Street Name Bay
Listing Terms Cash CashtoNewLoan Conventional
Spa Features None
Property Attached Y/N N
Land Lease Y/N N
Electric Expense 3600.0
Home Warranty Y/N N
Fuel Expense 1800.0
Trash Expense 900.0
Water Sewer Expense 900.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 30
Building Area Units SquareFeet
Standard Status ActiveUnderContract
Year Built Source SeeRemarks
Tax Lot 5
Property Sub Type Additional Duplex
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Exterior
Parking Features Carport Garage
Lot Features Item01UnitAcre RectangularLot
Water Source Public
Total Parking 3.0
Lot Size Area 2614.0
Number of Buildings 1
Spa N
Building Area Total 2509.0
Lot Size Acres 0.06
Lot Size Units SquareFeet
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 2
Number of Separate Electric Meters 2
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Fireplace Features DiningRoom LivingRoom PrimaryBedroom
Total Stories 2
Common Walls NoCommonWalls
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N Y
Street Suffix Avenue
Laundry Features Inside
Entry Level 1
Electric On Property Y/N N
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Internal Only
Street Number 1 1321
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* Excluded Features
List By
Pinpoint Properties

Broker

(949) 209-9004

Phone

Affordability Calculator

$29,303
Per Month
100%
0%
0%
Monthly Principal & Interest
$29,303
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/10/2024$4,195,000 Listed Price

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1321 W Bay Avenue, Newport Beach, CA, 92661 is a Multi-Family Home for sale at $4,195,000 with 2,509 sqft and a lot size of 0.06. 1321 W Bay Avenue has 6 bedrooms, 5.0 baths, and was built in 1990. The property's zip code is 92661 which is in Newport Beach, CA