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$2,280,000
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Property Description
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.
Full Property Details
Full Property Details for 308 306 E Bay Ave
General
- Sold For: $2,280,000
- Status: Closed
- Type: Duplex
- Source: MRMLS
- MLS ID: NP23146969
- Added to Site: 930 day(s) ago
Interior
- Rooms/Areas: Kitchen, Living Room, Main Floor Bedroom
- Fireplace: Yes
- Fireplace(s): Living Room
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Common Area
Additional Information
- Pool Description: None
- Spa Description: None
Parking
- Parking: Driveway
Location
- County: Orange
- Subdivision: Balboa Peninsula (Residential) (BALP)
- Driving Directions: Cross streets are E Bay Avenue and Fernando Street
School Information
- School District: Newport Mesa Unified
- Elementary School: NEWPOR
- Middle School: ENSIGN
- High School: NEWHAR
Community
- Community Features: Sidewalks, Street Lights
Heating & Cooling
- Cooling Type: None
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Structure Type: Duplex
- Roof: Composition
- Common Walls: No Common Walls
- Entry Location: street
- Stories/Levels: One,Two
- Stories Description: One, Two
- Square Feet: 1,281
- Sq. Ft. Source: Assessor
- Year Built: 1917
- Year Built Source: Assessor
Lot Features
- Property View: None
- Lot Size (Acres): 0.05
- Lot Size Source: Assessor
- Lot Description: Corner Lot
Financial Considerations
- Price Per Sq. Ft.: $1,779.86
Disclosures and Reports
- Special Conditions: Standard
Get Pre-Approved Today
Schools
Schools serving 308 306 E Bay Ave
School District:Newport-Mesa Unified School District
| Name | Grades | Distance |
|---|---|---|
Newport Elementary School 1327 West Balboa Boulevard, Newport Beach, CA 92661 | K-6 | 0.9 mi |
Horace Ensign Intermediate School 2000 Cliff Drive, Newport Beach, CA 92663 | 7-8 | 1.2 mi |
Newport Harbor High School 600 Irvine Avenue, Newport Beach, CA 92663 | 9-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 308 306 E Bay Ave
Date
Details
Price
Change
Source
11/29/2023
Sold
$2,280,000
-0.65%
MLS
8/16/2023
Listed
$2,295,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
308 306 E Bay Avenue, Newport Beach, CA 92661 (MLS# NP23146969) is a Duplex property that was sold at $2,280,000 on November 29, 2023. Want to learn more about 308 306 E Bay Avenue? Do you have questions about finding other Duplex real estate for sale in Newport Beach? You can browse all Newport Beach real estate or contact a Coldwell Banker agent to request more information.

