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1321 W Bay Ave, Newport Beach, CA 92661
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1321 W Bay Ave Newport Beach, CA 92661

$4,195,000
  • 6 Beds
  • 5 Baths
  • 2,509 Sq.Ft.
For Sale
$4,195,000 Get Pre-Qualified
Map preview of 1321 W Bay Ave, Newport Beach, CA 92661

Property Overview: 1321 W Bay Ave Newport Beach, CA has 6 bedrooms, 5 bathrooms, 2,509 living square feet and 2,614 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Located in the heart of Newport Beach on the coveted Bay Avenue, this exquisite duplex offers the epitome of California beachside living with two beautifully designed units to accommodate various lifestyle needs. The home’s bottom unit presents a 3-bedroom, 3-bathroom layout, providing ample space for comfortable everyday living. Upstairs, you'll find another inviting 3-bedroom, 2-bathroom haven. Features include contemporary upgrades and sleek hardwood flooring throughout the common areas. French doors open up to a harbor-facing orientation, inviting the refreshing coastal breeze indoors and a peek-a-boo view of the water. Retreat to the spacious primary suite complete with private fireplace, walk-in closet and oversized soaking tub. Entertain in style on the expansive rooftop deck while enjoying ocean, harbor, mountain and city-light views. Both units feature thoughtfully designed layouts with an emphasis on functionality and style. Just out the front door is Newport Harbor’s glistening bay and beach ready for biking, paddle boarding, boating surfing or vacation-style beach days lounging in the sun. Hop on the nearby Ferry for quick access around Newport’s finest restaurants, shopping and social delights. Whether you're seeking a primary home, a vacation getaway, or an investment opportunity, this duplex offers versatility and sophistication in equal measure.

Listed by Katrina Smith | BRE #01740623 | Pinpoint Properties
Co-listed by Cassidy Lewis | BRE #02160637 | Pinpoint Properties
Last checked: 1 minute ago | Last updated: May 4th, 2024 | Source CRMLS | DOM: 25
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Home details

Lot Sq. Ft
2,614
HOA Dues
$0/mo
Year built
1990
Garage
2 Car
Property Type:
Duplex
Status
Active
MLS#
OC24068066
City
Newport Beach
County
Orange
Time on Site
24 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 3
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $7,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $8,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $204,000
  • Net Operating Income: $194,400
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $9,600
  • Electric: $3,600
  • Gas/Fuel: $1,800
  • Trash: $900
  • Insurance: $2,400
  • Water/Sewer: $900

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Property Details for 1321 W Bay Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Inside
Fireplace Information
  • Has Fireplace
  • Dining Room, Living Room, Primary Bedroom
Room Information
  • Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Primary Bedroom
Kitchen Information
  • Has Appliances
  • Dishwasher, Gas Range, Microwave, Refrigerator, Water Heater
Interior Features
  • Built-in Features, Ceiling Fan(s), Crown Molding, Living Room Balcony, Recessed Lighting, Tile Counters
  • Levels: Two
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: Carport, Garage
Lot Information
  • Lot Features: 0-1 Unit/Acre, Rectangular Lot
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Ocean, Peek-A-Boo
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 04723325
  • Year Built Source: See Remarks
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Location / Neighborhood
Location Information
  • Subdivision Name: Balboa Peninsula (Residential) (BALP)
  • Directions: Cross Streets Balboa Blvd and 14th St
Neighborhood Information
  • Community Features: Curbs, Sidewalks
View more facts & features

Local Newport Beach Agent

Sale History for 1321 W Bay Ave

View property's historical transactions

  • April, 2024

  • Apr 10, 2024

    Date

    Active

    CRMLS: OC24068066

    $4,195,000

    Price

Tax History for 1321 W Bay Ave

Recent tax history for this property
Year Land Value Improved Value Assessed Value
The tax history for this property will expand as we gather information for this property.

Home Value Compared to the Market

This property vs the competition

1321 W Bay Ave is listed 2.41% lower than the median list price for the city of Newport Beach which has a median list price of $4,298,800. The median price per/sqft for Newport Beach is $1,506 and this home is listed at $1671.98 per/sqft which puts the price per square foot 11.02% higher than the median price per square foot for the city of Newport Beach.

About 1321 W Bay Ave

Detailed summary of property

1321 W Bay Ave is a duplex located in Newport Beach, CA 92661 and is currently for sale. This duplex offers 6 bedrooms, 5 bathrooms, roughly 2,509 living square feet, and sits on an approximately 2,614 square foot lot. 1321 W Bay Ave was first listed on ArdentRealEstateGroup.com on April 10, 2024. The homeowner is currently asking $4,195,000. The median priced home in Newport Beach is $4,298,800 with a median price per square foot of $1,506. Based on Ardent Real Estate Group's Newport Beach Market Data, this home is listed 2.41% lower than the median priced home. Local competing homes currently for sale include 410 Clubhouse Ave, 213 41st St and 213 41st St. While the average home in Newport Beach, CA is selling in 74 days, 1321 W Bay Ave has a days on market of 25 days. There are currently 269 homes for sale in the Newport Beach real estate market and 201 of them are single family homes while 55 of them are condos and 13 are townhomes. For more information on this home for sale at 1321 W Bay Ave Newport Beach, CA 92661 contact Ardent Real Estate Group and we will put you in touch with one of our Newport Beach agents.

Public Facts for 1321 W Bay Ave

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
--
Stories
--
Type
--
Pool
--
Spa
--
County
--
Lot#
--
APN
--

The source for these homes facts are from public records.

92661 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$6,750,000
Median List Price/Sq.Ft.
$2,241
Median Sold Price
$4,625,000
Median Sold Price/Sq.Ft.
$1,741
Total Inventory
45
Median Sale to List Price %
92.59%
Avg Days on Market
69
Loan Type
Conventional (12.5%), FHA (0%), VA (0%), Cash (37.5%), Other (37.5%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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