60
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$5,288,888
Est. payment /mo
5 Beds
6 Baths
2,602 SqFt
Active
417 E Bay Newport Beach, CA 92661
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Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 2,602 sqft
Price per Sqft $2,032
MLS Listing ID CROC25276620
Bedrooms 5
Full Baths 5
HOA Y/N No
Year Built 2020
Lot Size 2,178 Sqft
Property Sub-Type Detached
Source Datashare California Regional
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
Location
State CA
County Orange
Interior
Cooling Central Air
Fireplaces Type Family Room
Fireplace Yes
Laundry Laundry Room
Exterior
Garage Spaces 2.0
Pool None
Amenities Available Dog Park
View Bay, City Lights, Mountain(s), Panoramic, Water, Other
Private Pool false
Building
Story 3
Water Public
Schools
School District Newport-Mesa Unified
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