1423 W Bay Ave, Newport Beach, CA 92661
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1423 W Bay Ave Newport Beach, CA 92661

$8,500
  • 2 Beds
  • 2 Baths
  • 1,080 Sq.Ft.
For Lease
$8,500 Get Pre-Qualified

Map preview of 1423 W Bay Ave, Newport Beach, CA 92661

Property Overview: 1423 W Bay Ave Newport Beach, CA has 2 bedrooms, 2 bathrooms, 1,080 living square feet and 4,000 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: Welcome to 1423 West Bay Avenue in Newport Beach, California! This remodeled and furnished beach bungalow on Balboa Peninsula is the perfect retreat for those looking for relaxation and adventure. Just steps to both the bay and the beach, this home offers the ultimate beachside experience. The bungalow is thoughtfully designed with modern amenities and beachy accents. You'll find two stand-up paddleboards, a kayak, and beach cruisers at your disposal, perfect for exploring Newport Beach. After a day of adventure, relax and enjoy a barbecue on the beautiful private patio. Inside, the classic California bungalow features comfortable sleeping arrangements for up to four guests. The remodeled kitchen is fully equipped with everything you need to whip up a delicious meal, and the living room offers a cozy spot to unwind after a long day at the beach. Located in the heart of Newport Beach, you'll have easy access to local attractions and activities. Whether you want to explore the nearby restaurants and shops or spend your days lounging on the beach, this home is the perfect home base. One car garage and pet friendly. Offered on a monthly basis. Inquire about summer rates.

Listed by John Thomas | BRE #01215148 | Berkshire Hathaway HomeService
Last checked: 1 month ago | Last updated: March 26th, 2023 | Source CRMLS | DOM: 71

Home details

Lot Sq. Ft
4,000
HOA Dues
$0/mo
Year built
1928
Garage
2 Car
Property Type:
Single Family Home
Status
Active
MLS#
OC23047437
City
Newport Beach
County
Orange
Time on Site
72 days

Open Houses for 1423 W Bay Ave

No upcoming open houses

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Property Details for 1423 W Bay Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Laundry Information
  • Has Laundry
  • Inside
Fireplace Information
  • Has Fireplace
  • Family Room
Room Information
  • Downstairs Bedrooms: 2
  • Downstairs Bathrooms: 2
  • All Bedrooms Down, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bedroom, Master Suite
Bathroom Information
  • # of Baths (Full): 2
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Attached Garage
Lot Information
  • Lot Features: 2-5 Units/Acre, Back Yard, Front Yard, Landscaped, Level, Yard
  • Lot Size Source: Estimated
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 1
  • Year Built Source: Estimated
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Sewer Paid
  • Water Source: Public
Assessment Information
  • No Assessments
  • Assessments: None
Schools
School Information
  • Elementary School: Newport
  • Elementary School: NEWPOR
  • High School District: Newport Mesa Unified
Location / Neighborhood
Location Information
  • Subdivision Name: Other (OTHR)
  • Other Subdivision Name: NEWPORT PEN
  • Directions: newport ave to balboa left to 15th street left to w Bay Ave 3rd house on right
Neighborhood Information
  • Community Features: Biking, Curbs, Dog Park, Fishing, Hiking, Park, Watersports, Sidewalks
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Sale History for 1423 W Bay Ave

Last sold for $2,600,000 on June 29th, 2022
  • March, 2023

  • Mar 22, 2023

    Date

    Active

    CRMLS: OC23047437

    $8,500

    Price

  • June, 2022

  • Jun 29, 2022

    Date

    Sold

    CRMLS: 22136693

    $2,600,000

    Price

  • Mar 27, 2022

    Date

    Active

    CRMLS: 22136693

    $2,900,000

    Price

  • Listing provided courtesy of CRMLS

    Charming Balboa Peninsula bungalow in original 1940's condition. Two bedrooms with ensuite baths, wood burning fireplace and private brick courtyard with French doors to primary bedroom and Dutch door to kitchen. Single car attached garage (off Alley) Located on a 2,700 SF (30' X 90') R2 lot south of 15th Street. Walking distance to the Harbor, Beach, Marina Park, Fun Zone and everything Balboa Peninsula has to offer. Huge potential to build your dream single-family home or duplex or update and enjoy the charm of the existing bungalow.

  • July, 2021

  • Jul 13, 2021

    Date

    Sold

    CRMLS: OC21124382

    $2,500,000

    Price

  • Jun 30, 2021

    Date

    Pending

    CRMLS: OC21124382

    $2,500,000

    Price

  • Jun 28, 2021

    Date

    Active

    CRMLS: OC21124382

    $2,500,000

    Price

  • Jun 16, 2021

    Date

    Pending

    CRMLS: OC21124382

    $2,500,000

    Price

  • Jun 10, 2021

    Date

    Active

    CRMLS: OC21124382

    $2,500,000

    Price

  • Listing provided courtesy of CRMLS

    Original single story 2 bedroom 2 bathroom beach home on R2 lot. Located three houses south from 15th street with small front patio. No view as it sits today but with creative design could have a bay view from roof deck or remodel with rear rentable unit or increase existing home to 4 bedrooms 3 bathrooms.

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Tax History for 1423 W Bay Ave

Assessed Value (2020): $344,138
Year Land Value Improved Value Assessed Value
2020 $289,168 $54,970 $344,138

Home Value Compared to the Market

This property vs the competition

1423 W Bay Ave is currently listed for lease in the city of Newport Beach. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Newport Beach has a median list price of $3,995,000. The median price per/sqft for Newport Beach is $1,394. With those numbers in mind, if you are looking to purchase a median priced home in Newport Beach, CA and put 20% down you will need to save up $799,000 for the down payment and will need roughly $79,900 for closing costs on top of the down payment.

About 1423 W Bay Ave

Detailed summary of property

1423 W Bay Ave is a single family home for lease located in Newport Beach, CA 92661. This house offers 2 bedrooms, 2 bathrooms, roughly 1,080 living square feet, and sits on an approximately 4,000 square foot lot. 1423 W Bay Ave was first listed on ArdentRealEstateGroup.com on March 22, 2023. The homeowner is currently asking $8,500. Local competing homes currently for lease include 611 Lido Park Dr #2A, 123 28th St and 208 Via Dijon. While the average home in Newport Beach, CA is selling in 125 days, 1423 W Bay Ave has a days on market of 71 days. There are currently 196 homes for sale in the Newport Beach real estate market and 146 of them are single family homes while 39 of them are condos and 11 are townhomes. For more information on this home for lease at 1423 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 1423 W Bay Ave

Public county record property details
Beds
2
Baths
2
Year built
1937
Sq. Ft.
1,085
Lot Size
2,700
Stories
1
Type
Single Family Residential
Pool
No
Spa
No
County
Orange
Lot#
3
APN
047-223-03

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.
$2,893
Median Sold Price
$4,350,000
Median Sold Price/Sq.Ft.
$2,757
Total Inventory
31
Median Sale to List Price %
90.72%
Avg Days on Market
14
Loan Type
Conventional (25%), FHA (0%), VA (0%), Cash (75%), Other (0%)

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Related Resources to 1423 W Bay Ave

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.