Newport Beach, CA 92661,417 E Bay
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Newport Beach, CA 92661,417 E Bay
Newport Beach, CA 92661,417 E Bay
Newport Beach, CA 92661,417 E Bay
Newport Beach, CA 92661,417 E Bay
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$ 5,288,888
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417 E Bay Newport Beach, CA 92661

5 Beds

6 Baths

2,602 SqFt


UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,602 sqft

Price per Sqft $2,032

MLS Listing ID OC25276620

Bedrooms 5

Full Baths 5

Half Baths 1

HOA Y/N No

Year Built 2020

Property Sub-Type Single Family Residence

Property Description

Welcome to this Exceptional income producing duplex opportunity in the heart of Newport Beach. This nearly $300,000 per year revenue property features a fully transferable short-term rental license, allowing legal operation on Airbnb and VRBO a rare and highly coveted advantage. The property is consistently booked year round, offering immediate cash flow with true turnkey ease.

Built in 2020 by renowned Burkhard Builders, this front and back unit configuration offers flexibility for investors, owner-users, or multi generational living. The front residence (Unit A) spans approximately 1,400 square feet and features three bedrooms and three and one half baths, while the rear residence (Unit B) offers approximately 1,200 square feet with two bedrooms and two and one half baths. Each unit is thoughtfully designed with privacy and functionality in mind.

Both residences showcase designer grade finishes throughout, including Wolf appliance suites, custom cabinetry, and high end fixtures. A private ocean view rooftop balcony provides an ideal setting for entertaining and enjoying coastal sunsets.

Additional highlights include a each unit with a single car attached covered garage plus one additional covered parking for each unit, a highly desirable feature in this location. Offered fully turnkey, this is a rare Newport Beach opportunity combining luxury, flexibility, and proven income​​‌​​​​‌​​‌‌​​‌​​​‌‌​​​‌​‌​​​​​‌​‌​​​‌​​ performance.

Location

State CA

County Orange

Area Np - Balboa Peninsula

Interior

Interior Features All Bedrooms Up, Walk-In Closet(s)

Cooling Central Air

Fireplaces Type Family Room

Fireplace Yes

Laundry Laundry Room

Exterior

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Biking, Dog Park, Fishing, Golf, Hiking

View Y/N Yes

View Bay, Back Bay, Catalina, City Lights, Coastline, Harbor, Mountain(s), Panoramic, Pier, Water

Total Parking Spaces 2

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Dwelling Type House

Story 2

Entry Level Three Or More

Sewer Public Sewer

Water Public

Level or Stories Three Or More

New Construction No

Schools

School District Newport Mesa Unified

Others

Senior Community No

Tax ID 04811303

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard


CRMLS – RECore
Listed by Ashkon Babaee Side, Inc 949-293-9955
Gary Yau
Gary Yau

Agent | DRE: 01898615

+1(626) 588-8168 | gary.diazyau@exprealty.com

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417 E Bay