Ron McCord

Apartment and Residential Sales

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417 E Bay Avenue Newport Beach CA 9266122

$1,599,000
MLS#OC17137383
Property TypeResidential Income
Living Area0 SqFt
Lot2,178 SqFt
Acreage0 acs.
Year Built1923
Garage: 0.00
County:Orange

Comments:

**Investor’s Special** Four-unit multi-family investment property located on the Balboa Peninsula in the city of Newport Beach. 2 units are located on Bay Ave and the other 2 units are located on Harding St. 3 units are 1 bed 1 bath. 1 unit is the same but with an extra small room. Each unit has its own full kitchen and bath and is loaded with charm. There is a renovation program on the Balboa Peninsula that can help with the repairs and TLC that is needed in all units. Rarely a property as this comes on the market and the possibilities are endless. The property is situated in one of the most desirable locations on the Coast sitting just one block from the bay and two blocks from the ocean, in close proximity to the Wedge. The Wedge is a popular surfing spot located at the extreme east end of the Balboa Peninsula. This is a Real Estate Owned sale being sold AS-IS. The Appraised value is there and once the repairs are done, it will only increase the value!!! Buyer’s agent to verify everything.

Property Features

Common Walls1 Common Wall
Stories2
Special ConditionsReal Estate Owned
StatusActive
Tract NameBalboa Peninsula (Residential) (BALP)
Days on Market6
Garage0.00
PoolNone
LocationValue In Land,Walkstreet

For more information regarding this or any other property in Newport Beach area
please contact us.

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Listing courtesy of: CLJ Realty Group