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Key Details
Sold Price $2,300,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,002 sqft
Price per Sqft $1,148
MLS Listing ID NP23041042
Sold Date 06/15/23
Bedrooms 4
Full Baths 3
HOA Y/N No
Year Built 1907
Lot Size 2,178 Sqft
Property Description
Seller Financing available! Welcome to 206 E Bay/304 Alvarado Ave, in the beautiful city of Newport Beach! This property is centrally located on the peninsula on a desirable corner lot that is steps away from both the bay and ocean, the Balboa Fun Zone, restaurants, boutiques, & much more!
206 E Bay/304 Alvarado is a triplex on the same lot, (2bed/1bath top unit - 1bed/1bath bottom unit - 1bed/1bath bungalow) this is an opportunity for you to own a multifamily investment property for income, live in one unit and rent out the other units to reduce your mortgage, & or buy this property for its corner lot location & build up a masterful new construction that has bay views down Alvarado street & could potentially boast additional panoramic bay views/ ocean views from a rooftop deck! Endless possibilities with this property, come see it for yourself!
Location
State CA
County Orange
Area 699 - Not Defined
Rooms
Main Level Bedrooms 4
Interior
Cooling See Remarks
Fireplaces Type See Remarks
Fireplace Yes
Laundry See Remarks
Exterior
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Biking, Sidewalks, Water Sports
View Y/N Yes
View Bay, Water
Attached Garage Yes
Total Parking Spaces 2
Private Pool No
Building
Lot Description Corner Lot
Story 2
Entry Level Two
Sewer Unknown
Water Public
Level or Stories Two
New Construction No
Schools
School District Newport Mesa Unified
Others
Senior Community No
Tax ID 04810225
Acceptable Financing Cash, Cash to New Loan, Conventional, Owner Will Carry, Owner May Carry, Private Financing Available
Listing Terms Cash, Cash to New Loan, Conventional, Owner Will Carry, Owner May Carry, Private Financing Available
Financing Seller Financing
Special Listing Condition Standard
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Bought with Zach Bateman • Re/Max One
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Monique H. Ott-Beacham
Broker | License ID: DRE #01448692
Broker License ID: DRE #01448692